Microeconomics
by Paul Krugman, Robin Wells
7th Edition
Publisher: Worth Publishers
Book Details
| Print ISBN | 9781319481216 |
| eText ISBN | 9781319480974 |
| Publisher | Worth Publishers |
| Publishing Year | 2024 |
| Edition | 7th Edition |
| Language | English |
Microeconomics, 7th Edition, by Paul Krugman and Robin Wells, is an introductory economics textbook published by Worth Publishers for undergraduate students and instructors. The text establishes fundamental analytical skills by examining core subjects such as supply and demand, consumer behavior, elasticity, and decision-making processes of individuals and firms.
Krugman and Wells present concepts using a storytelling style centered on real-world context and current events. The coverage ranges from basic trade-offs and consumer surplus to complex market structures, including monopoly, oligopoly, and monopolistic competition. Subsequent chapters address market distortions and policy interventions, focusing on price controls, quotas, taxation, externalities, public goods, and common resources.
This edition expands its thematic scope with updated analysis of the Covid recession, aggregate demand and supply dynamics, and monetary policy. The text supports introductory economics courses requiring no prior advanced economic preparation.
Table of Contents
Chapter Introduction: An Engine for Growth and Discovery
Chapter 1: First Principles
Chapter 2: Economic Models: Trade-offs and Trade
Chapter Appendix 2: Graphs in Economics
Chapter 3: Supply and Demand
Chapter 4: Consumer and Producer Surplus
Chapter 5: Price Controls and Quotas: Meddling with Markets
Chapter 6: Elasticity
Chapter 7: Taxes
Chapter 8: International Trade
Chapter 9: Decision Making by Individuals and Firms
Chapter Appendix 9: Toward a Fuller Understanding of Present Value
Chapter 10: Externalities
Chapter 11: Public Goods and Common Resources
Chapter 12: The Economics of the Welfare State
Chapter 13: The Rational Consumer
Chapter Appendix 13: Consumer Preferences and Consumer Choice
Chapter 14: Behind the Supply Curve: Inputs and Costs
Chapter 15: Perfect Competition and the Supply Curve
Chapter 16: Monopoly
Chapter 17: Oligopoly
Chapter 18: Monopolistic Competition and Product Differentiation
Chapter 19: Factor Markets and the Distribution of Income
Chapter Appendix 19: Indifference Curve Analysis of Labor Supply
Chapter 20: Uncertainty, Risk, and Private Information
Customer Reviews
0.0
0 reviews
No reviews yet. Be the first to review this book!
Write a Review
Reviewed by GradeFocus Editorial Team
▶Research Sources (14)
- ISBN 9781319480974 - Microeconomics 7th - Direct Textbook
- eBook - Microeconomics, 7e-9781319480974
- 9781319480974: Microeconomics - BookScouter.com
- Microeconomics - Paul Krugman , Robin Wells - BooksRun
- Microeconomics 7th Edition | Paul Krugman | Macmillan Learning
- Microeconomics, Seventh Edition (9781319480974) - Pinterest
- Principles of Microeconomics - 3e. - Open Textbook Library
- Loose-Leaf Version for Microeconomics - TextbookRush
- Microeconomics 7th Edition by Krugman | PDF - Scribd
- Loose-Leaf Version for Microeconomics - eCampus.com
- Microeconomics / Paul Krugman, Robin Wells - ESCP Library
- (PDF) [Paul Krugman, Robin Wells] Microeconomics(z-lib.org)
- Microeconomics , 7th Edition | Macmillan Learning UK
- [Book] Economics 7th Edition : r/Scholar - Reddit
