Economics

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.  

Paul Krugman; Robin Wells

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