Seventh Edition

Publication Date: March 15, 2024

Paperback ISBN: 9781319544706

Pages: 1120

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The new edition is revised and enhanced, including new interactive graphs, interactive topic reviews, thorough coverage of the Covid recession, and updated analysis of

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ISBN: 9781319544706


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Economics 7e & Achieve for Economics 7e (2-Term Access; International Edition)


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 Consumer and Producer Surplus
Chapter 5 Price Controls and Quotas: Meddling with Markets
Chapter 6 Elasticity
Part 3: Individuals and Markets
Chapter 7 Taxes
Chapter 8 International Trade
Part 4: Economics and Decision Making
Chapter 9 Decision Making by Individuals and Firms
Appendix 9: Toward a Fuller Understanding of Present Value
Part 5: Microeconomics and Public Policy
Chapter 10 Externalities
Chapter 11 Public Goods and Common Resources
Chapter 12 The Economics of the Welfare State
Part 6: The Consumer
Chapter 13 The Rational Consumer
Appendix 13: Consumer Preferences and Consumer Choice
Part 7: The Production Decision
Chapter 14 Behind the Supply Curve: Inputs and Costs
Chapter 15 Perfect Competition and the Supply Curve
Part 8: Market Structure: Beyond Perfect Competition
Chapter 16 Monopoly
Chapter 17 Oligopoly
Chapter 18 Monopolistic Competition and Product Differentiation
Part 9: Factor Markets and Risk
Chapter 19 Factor Markets and the Distribution of Income
Appendix 19: Indifference Curve Analysis of Labor Supply
Chapter 20 Uncertainty, Risk, and Private Information
Part 10: Introduction to Macroeconomics
Chapter 21 Macroeconomics: The Big Picture
Chapter 22 GDP and the CPI: Tracking the Macroeconomy
Chapter 23 Unemployment and Inflation
Part 11: Long-Run Economic Growth
Chapter 24 Long-Run Economic Growth
Chapter 25 Savings, Investment Spending, and the Financial System
Part 12: Short-Run Economic Fluctuations
Chapter 26 Income and Expenditure
Appendix 26: Deriving the Multiplier Algebraically
Chapter 27 Aggregate Demand and Aggregate Supply
Part 13: Stabilization Policy

Chapter 28 Fiscal Policy
Appendix 28: Taxes and the Multiplier
Chapter 29 Money, Banking, and the Federal Reserve System
Chapter 30 Monetary Policy
Appendix 30: Reconciling the Two Models of the Interest Rate
Chapter 31 Inflation, Disinflation, and Deflation
Part 14: Events and Ideas
Chapter 32 Macroeconomics: Events and Ideas

Part 15: The Open Economy
Chapter 33 International Macroeconomics

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Paul Krugman; Robin Wells | Seventh Edition | ©2024 | ISBN:9781319480943

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