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Macroeconomics
Seventh Edition| ©2024 Paul Krugman; Robin Wells
Available with Achieve, Krugman and Wells’ widely adopted text helps students reach new levels of economic understanding.
The new edition is revised and enhanced, including new interactive graphs, interactive topic reviews, thorough coverage of the Covid recession, and updated analysis of
Available with Achieve, Krugman and Wells’ widely adopted text helps students reach new levels of economic understanding.
The new edition is revised and enhanced, including new interactive graphs, interactive topic reviews, thorough coverage of the Covid recession, and updated analysis of aggregate demand/aggregate supply and monetary policy.
ISBN:9781319481476
Access all your course tools in one place!
ISBN:9781319481445
Take notes, add highlights, and download our mobile-friendly e-books.
ISBN:9781319481513
Save money with our hole-punched, loose-leaf textbook.

Krugman/Wells helps your students achieve economic understanding
Available with Achieve, Krugman and Wells’ widely adopted text helps students reach new levels of economic understanding.
The new edition is revised and enhanced, including new interactive graphs, interactive topic reviews, thorough coverage of the Covid recession, and updated analysis of aggregate demand/aggregate supply and monetary policy.
Features
New to This Edition
Interactive Graphs in the e–book and in a Graphing Bank allow students to engage with economic models to see how components of the graph change as market dynamics change. Every data graph in the text is now interactive, so students can explore live visualizations and improve their data literacy.
Interactive Topic Reviews, with embedded interactive graphs and assessment, cover essential principles topics in an easy-to-use, self-study format, to help students prepare for class time, quizzes, or exams.
Thoroughly revised aggregate demand and aggregate supply chapter now highlights the dynamic relationship between inflation and GDP. This change allows instructors to more easily teach students about the modern changes to monetary policy and how the Federal Reserve has responded to the latest inflationary pressures.
Revamped AD/AS model now focusing on the inflation rate and GDP, rather than the price level, giving students a more practical and applicable understanding of the current economic landscape.
“My students like references to modern economic events illustrating economic problems and models. I like the fact that this ebook has a narration option because many students like to listen, not only read the text.” — Alexander Katkov, Johnson & Wales University
“I like that the book breaks the topics into smaller chapters so that it's easier to focus on concepts without students getting overwhelmed.” — Jadrian Wooten, Virginia Tech
“The approach to writing chapters in a way that breaks from the convention observed in other textbooks. The approach is more student/instructor friendly. The text is well-written and visually appealing. The sections are concise, and the graphs are well constructed. The business case section is excellent! Really helps round up the topics for students.” — Nakul Kumar, Northern Virginia Community College - Alexandria“The best parts of Krugman are the various applications and interesting stories. Krugman/Wells are rigorous and balanced in their coverage of economic analysis and applications.” — Ling Shao, Miami University
“This is a very clearly-written, engaging, and thorough examination of micro, aimed at the student who doesn't know it. Right now, the students are very interested in issues surrounding race, fairness, and the environment. I think a textbook can cover those issues, and represent different races and ethnicities without pandering. And I do think this textbook does that. Overall, this edition, like previous editions, is just as exceptionally well-written, and the explanations are careful–the sort that a person new to economics needs to make sure they really understand the concepts.” — Michael Manville, University of California - Los Angeles

Macroeconomics
Seventh Edition| ©2024
Paul Krugman; Robin Wells
Digital Options

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Macroeconomics
Seventh Edition| 2024
Paul Krugman; Robin Wells
Table of Contents
Part 1: What is Economics?
Introduction: An Engine for Growth and Discovery
Chapter 1 First Principles
Chapter 2 Economic Models: Trade-offs and Trade
Appendix 2: Graphs in Economics
Part 2: Supply and Demand
Chapter 3 Supply and Demand
Chapter 4 Price Controls and Quotas: Meddling with Markets
Chapter 5 International Trade
Part 3: Introduction to Macroeconomics
Chapter 6 Macroeconomics: The Big Picture
Chapter 7 GDP and the CPI: Tracking the Macroeconomy
Chapter 8 Unemployment and Inflation
Part 4: Long-Run Economic Growth
Chapter 9 Long-Run Economic Growth
Chapter 10 Savings, Investment Spending, and the Financial System
Appendix 10: Toward a Fuller Understanding of Present Value
Part 5: Short-Run Economic Fluctuations
Chapter 11 Income and Expenditure
Appendix 11: Deriving the Multiplier Algebraically
Chapter 12 Aggregate Demand and Aggregate Supply
Part 6: Stabilization Policy
Chapter 13 Fiscal Policy
Appendix 13: Taxes and the Multiplier
Chapter 14 Money, Banking, and the Federal Reserve System
Chapter 15 Monetary Policy
Appendix 15: Reconciling the Two Models of the Interest Rate
Chapter 16 Inflation, Disinflation, and Deflation
Part 7: Events and Ideas
Chapter 17 Macroeconomics: Events and Ideas
Part 8: The Open Economy
Chapter 18 International Macroeconomics
Authors

Paul Krugman

Robin Wells
Instructor Resources
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Paul Krugman; Robin Wells | Seventh Edition | ©2024 | ISBN:9781319481551
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Macroeconomics
Seventh Edition| 2024
Paul Krugman; Robin Wells
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