Microeconomics

Sixth Edition

Publication Date: November 02, 2020

Paperback ISBN: 9781319385842

Pages: 688

Signature storytelling reveals how economics play out in our world.

When it comes to explaining fundamental economic principles by drawing on current economic issues and events, there is no one more effective than Nobel laureate and New York Times columnist Paul Krugman and co-author, Robin Wells. In this best-selling introductory textbook, Krugman and Wells’...

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Part 1: What Is Economics?
Introduction: An Enginer for Growth and Discovery
Chapter 1 First Principles
Chapter 2 Economic Models: Trade-offs and Trade
Appendix: 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: How to Make Decisions Involving Time: Understanding Present Value
Part 5: The Consumer
Chapter 10 The Rational Consumer
Appendix: Consumer Preferences and Consumer Choice
Part 6: The Production Decision
Chapter 11 Behind the Supply Curve: Inputs and Costs
Chapter 12 Perfect Competition and the Suply Curve
Chapter 13 Monopoly
Part 7: Market Structure: Beyond Perfect Competition
Chapter 14 Oligopoly
Chapter 15 Monopolistic Competition and Product Differentiation
Part 8: Microeconomics and Public Policy
Chapter 16 Externalities
Chapter 17 Public Goods and Common Resources
Chapter 18 The Economics of Welfare State
Part 9: Factor Markets and Risk
Chapter 19 Factor Markets and the Distribution of Income
Appendix: Indifference Curve Analysis of Labor Supply
Chapter 20 Uncertainty, Risk, and Private Information
Solutions to Check your Understanding Questions
Glossary
Index

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Test Bank for Microeconomics

Paul Krugman; Robin Wells | Sixth Edition | ©2021 | ISBN:9781319340612

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