Description
Worth Publishers Inc.,U.S. Microeconomics 2012 Edition by Paul Krugman, Mr Robin Wells
When it comes to explaining current economic conditions, there is no economist readers trust more than "New York Times" columnist and Nobel laureate Paul Krugman. Term after term, Krugman is earning that same level of trust in the classroom, with more and more instructors introducing students to the fundamental principles of economics via Krugman s signature storytelling style. The new Third Edition of Paul Krugman and Robin Wells s "Economics "is their most accomplished yet extensively updated to offer new examples and stories, new case studies from the business world, and expert coverage of the ongoing financial crisis.Watch a video interview of Paul Krugman here." Table of contents :- PARTI: WHAT IS ECONOMICS? Introduction: The Ordinary Business of Life First Principles Economic Models: Trade-offs and Trade Appendix: Graphs in Economics PART II: SUPPLY AND DEMAND Supply and Demand Price Controls and Quotas: Meddling with Markets Consumer and Producer Surplus Elasticity PART III: INDIVIDUALS AND MARKETS Taxes International Trade PART IV: ECONOMICS AND DECISION MAKING Making Decisions PART V: THE CONSUMER The Rational Consumer Appendix: Consumer Preferences and Consumer Choice PART VI: THE PRODUCTION DECISION Behind the Supply Curve: Inputs and Costs Perfect Competition and the Supply Curve PART VII: MARKET STRUCTURE: BEYOND PERFECT COMPETITION Monopoly Oligopoly Monopolistic Competition and Product Differentiation PART VIII: MICROECONOMICS AND PUBLIC POLICY Externalities Public Goods and Common Resources The Economics of the Welfare State PART IX: FACTOR MARKETS AND RISK Factor Markets and the Distribution of Income Appendix: Indifference Curve Analysis of Labor Supply Uncertainty, Risk, and Private Information