Achieve for Essentials of Economics (1-Term Online)
Fifth Edition| ©2020 Paul Krugman; Robin Wells
Paul Krugman and Robin Wells’ signature story style helps one-semester Survey course students understand how economic concepts play out in our world. The fifth edition of Essentials of Economics, revised and enhanced throughout, now offers holistic digital learning tools as part of Achie...
Paul Krugman and Robin Wells’ signature story style helps one-semester Survey course students understand how economic concepts play out in our world. The fifth edition of Essentials of Economics, revised and enhanced throughout, now offers holistic digital learning tools as part of Achieve, a complete, integrated online learning system.
The greatest explainers of economics tackle the one-semester course.
Paul Krugman and Robin Wells’ signature story style helps one-semester Survey course students understand how economic concepts play out in our world. The fifth edition of Essentials of Economics, revised and enhanced throughout, now offers holistic digital learning tools as part of Achieve, a complete, integrated online learning system.
Features
Compelling chapter-opening stories (often revisited throughout the chapter) to engage students.
Economics in Action applications in virtually every major section, so students can immediately see economic concepts applied in real contexts.
Global Comparison features that use data and graphs to illustrate why countries reach different economic outcomes.
Pitfalls boxes teach students to identify and avoid common misconceptions about economic concepts.
Business Cases for each section, spanning a wide range of companies, both American and global, showing students how key economic principles apply to real-life business situations.
End-of-chapter Solved Problems guide students through solving specific problems tied to real-world events.
Work it Out skill-building interactive activities in Achieve help students understand concepts and practice for exams by guiding them through representative problems step-by-step.
New to This Edition
Technology that offers the best value and price. Because students’ needs are changing, our most powerful learning option is now also our most affordable. Achieve is a new digital solution that supports students and instructors at each stage in the learning path, from pre-class to in-class and post-class. It combines LearningCurve with an integrated eBook, robust homework, an improved Graphing Player, and fully digital end-of-chapter problems including Work It Outs. And if print is important, a package with a loose-leaf copy of the text is only a few dollars more.
New Discovering Data activities help students interpret, analyze, share, and report on data. Students develop data literacy by completing these new Interactive Activities, step-by-step problems that have students use up-to-the-minute FRED data.
Current events framed by the world’s best communicators of economics. No other text stays as fresh as Krugman and Wells. The authors—who have explained economics to millions through trade books and newspaper columns—offer a new online feature, News Analysis, that pairs journalistic takes on pressing issues with questions based on Bloom’s taxonomy. This complements the text’s unparalleled coverage of current topics: sustainability, the economic impact of technology, pressing policy debates, and much more.
A richer commitment to broadening students’ understanding of the global economy. With unparalleled insight and clarity, the authors use their hallmark narrative approach to take students outside of the classroom and into our global world. Starting with a new opening story on the economic transformation in China’s Pearl River Delta, the global focus is carried throughout with more on the ascendance of China’s economy, the Euro and events in Europe (including Brexit), and post-recession economies around the globe.
Thoroughly updated throughout. The fifth edition has been updated to reflect our always changing world. Along with updated graphs and changes in every chapter in the text, the new edition features 9 new chapter-opening stories, 12 new Business cases, and 20 new Economics in Action applications.
“I really liked the emphasis on key principles the authors emphasized throughout the book. Since many of our students will take only one economics course during college, I felt this helped ensure that they would take away some central ideas with them beyond the course and beyond (I hope!) their college years.”
— Michele Villinski, DePauw University
“I liked this edition of Krugman/Wells Essentials very much. It presents the core abstract concepts of an introductory course in a clear and compact manner and provides multiple opportunities to apply those abstractions to real and relevant situations.”
— Diego Mendez-Carbajo, Illinois Wesleyan University
Achieve for Essentials of Economics (1-Term Online)
Fifth Edition| ©2020
Paul Krugman; Robin Wells
Digital Options
Achieve for Essentials of Economics (1-Term Online)
Fifth Edition| 2020
Paul Krugman; Robin Wells
Table of Contents
Part 1 What Is Economics?
1 First Principles
2 Economic Models: Trade-offs and Trade
Appendix: Graphs in Economics
Part 2 Supply and Demand
3 Supply and Demand
4 Price Controls and Quotas: Meddling with Markets
5 Elasticity and Taxation
Part 3 The Production Decision
6 Behind the Supply Curve: Inputs and Costs
7 Perfect Competition and the Supply Curve
Part 4 Beyond Perfect Competition
8 Monopoly
9 Oligopoly and Monopolistic Competition
Part 5 Microeconomics and Public Policy
10 Externalities and Public Goods
11 Poverty, Inequality, and the Welfare State
Part 6 Introduction to Macroeconomics
12 Macroeconomics: The Big Picture
13 GDP and the CPI: Tracking the Macroeconomy
14 Unemployment and Inflation
Part 7 Economic Growth and Fluctuations
15 Long-Run Economic Growth
16 Aggregate Demand and Aggregate Supply
Part 8 Stabilization Policy
17 Fiscal Policy
18 Money, Banking, and the Federal Reserve System
19 Monetary Policy
Part 9 The International Economy
20 International Trade, Capital Flows, and Exchange Rates
Solutions to Check Your Understanding Questions
Glossary
Index
Achieve for Essentials of Economics (1-Term Online)
Fifth Edition| 2020
Paul Krugman; Robin Wells
Authors
Paul Krugman
Robin Wells
Achieve for Essentials of Economics (1-Term Online)
Fifth Edition| 2020
Paul Krugman; Robin Wells
Instructor Resources
Need instructor resources for your course?
Unlock Your ResourcesInstructor Resources
Access Test Bank
You need to sign in as a verified instructor to access the Test Bank.
Test Bank for Essentials of Economics
Paul Krugman; Robin Wells | Fifth Edition | ©2020 | ISBN:9781319268282
Download Resources
You need to sign in to unlock your resources.
You've selected:
Click the E-mail Download Link button and we'll send you an e-mail at with links to download your instructor resources. Please note there may be a delay in delivering your e-mail depending on the size of the files.
Warning! These materials are owned by Macmillan Learning or its licensors and are protected by copyright laws in the United States and other jurisdictions. Such materials may include a digital watermark that is linked to your name and email address in your Macmillan Learning account to identify the source of any materials used in an unauthorised way and prevent online piracy. These materials are being provided solely for instructional use by instructors who have adopted Macmillan Learning’s accompanying textbooks or online products for use by students in their courses. These materials may not be copied, distributed, sold, shared, posted online, or used, in print or electronic format, except in the limited circumstances set forth in the Macmillan Learning Terms of Use and any other reproduction or distribution is illegal. These materials may not be made publicly available under any circumstances. All other rights reserved. For more information about the use of your personal data including for the purposes of anti-piracy enforcement, please refer to Macmillan Learning's.Privacy Notice
Thank you!
Your download request has been received and your download link will be sent to .
Please note you could wait up to 30 to 60 minutes to receive your download e-mail depending on the number and size of the files. We appreciate your patience while we process your request.
Check your inbox, trash, and spam folders for an e-mail from InstructorResources@macmillan.com.
If you do not receive your e-mail, please visit macmillanlearning.com/support.
Achieve for Essentials of Economics (1-Term Online)
Fifth Edition| 2020
Paul Krugman; Robin Wells
Related Titles
Achieve for Essentials of Economics (1-Term Online)
Fifth Edition| 2020
Paul Krugman; Robin Wells
Videos
Paul Krugman on Economics and Economists
Select a demo to view: