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Essentials of Economics by Paul Krugman; Robin Wells - Sixth Edition, 2023 from Macmillan Student Store
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Essentials of Economics

Sixth Edition| ©2023 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.  Available in Achieve, a complete, integrated online learning system, the new edition of Essentials of Economics includes interacti...
Paul Krugman and Robin Wells’ signature story style helps one-semester survey course students understand how economic concepts play out in our world.  Available in Achieve, a complete, integrated online learning system, the new edition of Essentials of Economics includes interactive graphs, incisive new looks at market power and externalities in microeconomics, and updated analysis of long-run growth and extensive coverage of the economic impacts and policy responses to the coronavirus pandemic in macroeconomics.
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Essentials of Economics by Paul Krugman; Robin Wells - Sixth Edition, 2023 from Macmillan Student Store

Achieve and the greatest explainers of economics for your 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.  Available in Achieve, a complete, integrated online learning system, the new edition of Essentials of Economics includes interactive graphs, incisive new looks at market power and externalities in microeconomics, and updated analysis of long-run growth and extensive coverage of the economic impacts and policy responses to the coronavirus pandemic in macroeconomics.

Features

Compelling chapter-opening stories (often revisited throughout the chapter) engage students.

Economics in Action applications in virtually every major section, so students can immediately see economic concepts applied in real contexts.

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

NEW Achieve offers the best value and price. Achieve is a new digital solution that brings all of the best aspects of Krugman/Wells and Macmillan's digital resources together in one place. Built on best practices in learning science, Achieve includes LearningCurve adaptive assessment with an integrated e-Book, robust homework with powerful graphing questions,  and fully digital end-of-chapter problems including Work It Outs.

NEW Interactive graphs in the Achieve e-textbook. To help students improve data literacy and understand economic models, Achieve now offers interactive graphs throughout the eBook. Students can manipulate each data graph to simulate market dynamics. Instructors can include interactive graphs in their lectures using our new Interactive Graphing Bank found in Achieve.

NEW coverage throughout. The sixth edition has been updated to reflect our always changing world. Starting in Chapter 1, there is a new principle on how increases in the economy's potential lead to economic growth over time. There is an expanded section on market power and the digital economy, an incisive new look at externalities, more on long-run growth, and thorough coverage of the economic impacts and policy responses to the COVID-19 pandemic.

"The text does an excellent job meeting my course needs! I used another introductory microeconomics book at a different university and the Krugman text is MUCH better - the examples are clear and easy for students to relate to, and the topical events in the chapter
introductions provide context for the economics that follows.”
 - Meredith Crane, Cincinnati State Technical & Community College


"Extremely well written. I think a policy focused approach is what initially drew me to the text. I have continued to use the text as the homework management system saw increased value to the students."
 - Michael Polcen, Northern Virginia Community College

"I think the coverage [of Economic Principles in Chapter 1]  is better than my current text because it gives a very broad picture of what economics is about. The Principles are really what we are about to embark on in the remaining chapters, which I like. In lecture I would be able to give them examples of ‘when we will see this again’ which I like to do because it piques their interest in the remainder of the course.”
 - Julie Gonzalez, University of California - Santa Cruz

“I am happy with the online homework system. The text has very nice lecture presentations for the chapters and a very strong test bank with lots of good questions. It is important to me that the test bank questions include tables and images as well as problems that require the students to complete calculations using formulas from the textbook chapters."
 - Cynthia Foreman, Clark College

Essentials of Economics by Paul Krugman; Robin Wells - Sixth Edition, 2023 from Macmillan Student Store

Essentials of Economics

Sixth Edition| ©2023

Paul Krugman; Robin Wells

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Essentials of Economics by Paul Krugman; Robin Wells - Sixth Edition, 2023 from Macmillan Student Store

Essentials of Economics

Sixth Edition| 2023

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

Essentials of Economics by Paul Krugman; Robin Wells - Sixth Edition, 2023 from Macmillan Student Store

Essentials of Economics

Sixth Edition| 2023

Paul Krugman; Robin Wells

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Authors

Paul Krugman

Paul Krugman, recipient of the 2008 Nobel Memorial Prize in Economic Sciences, taught at Princeton University for 14 years. In 2015, he joined the faculty of the Graduate Center of the City University of New York, associated with the Luxembourg Income Study, which tracks and analyzes income inequality around the world. He received his BA from Yale and his PhD from MIT. Before Princeton, he taught at Yale, Stanford, and MIT. He also spent a year on the staff of the Council of Economic Advisers in 1982–1983. His research has included trailblazing work on international trade, economic geography, and currency crises. In 1991, Krugman received the American Economic Association’s John Bates Clark medal. In addition to his teaching and academic research, Krugman writes extensively for nontechnical audiences. He is a regular op-ed columnist for the New York Times. His best-selling trade books include End This Depression Now!, The Return of Depression Economics and the Crisis of 2008, a history of recent economic troubles and their implications for economic policy, and The Conscience of a Liberal, a study of the political economy of economic inequality and its relationship with political polarization from the Gilded Age to the present. His earlier books, Peddling Prosperity and The Age of Diminished Expectations, have become modern classics.


Robin Wells

Robin Wells was a lecturer and researcher in Economics at Princeton University, where she has taught undergraduate courses. She received her BA from the University of Chicago and her PhD from the University of California, Berkeley; she then did her postdoctoral work at MIT. She has taught at the University of Michigan, the University of Southampton (United Kingdom), Stanford, and MIT.

Essentials of Economics by Paul Krugman; Robin Wells - Sixth Edition, 2023 from Macmillan Student Store

Essentials of Economics

Sixth Edition| 2023

Paul Krugman; Robin Wells

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Paul Krugman; Robin Wells | Sixth Edition | ©2023 | ISBN:9781319457716

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Paul Krugman; Robin Wells | Sixth Edition | ©2023 | ISBN:9781319457679

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Paul Krugman; Robin Wells | Sixth Edition | ©2023 | ISBN:9781319457693

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Essentials of Economics by Paul Krugman; Robin Wells - Sixth Edition, 2023 from Macmillan Student Store

Essentials of Economics

Sixth Edition| 2023

Paul Krugman; Robin Wells

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Essentials of Economics by Paul Krugman; Robin Wells - Sixth Edition, 2023 from Macmillan Student Store

Essentials of Economics

Sixth Edition| 2023

Paul Krugman; Robin Wells

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