Krugman's Economics for AP*

Krugman's Economics for AP*

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Description

Krugman's Economics for AP (R), Second Edition is designed to be easy to read and easy to use. This book is your ultimate tool for success in the AP (R) Economics course and exam.

The text combines the successful storytelling, vivid examples, and clear explanations of Paul Krugman and Robin Wells with the AP (R) expertise of Margaret Ray and David Anderson. In this exciting new edition of the AP (R) text, Ray and Anderson successfully marry Krugman's engaging approach and captivating writing with content based on The College Board's AP (R) Economics Course outline, all while focusing on the specific needs and interests of high school teachers and students.
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Product details

  • Hardback | 944 pages
  • 218 x 283 x 35.56mm | 2,036.63g
  • W.H.Freeman & Co Ltd
  • United States
  • English
  • Revised
  • 2nd ed. 2015
  • 944 p.
  • 1464122180
  • 9781464122187
  • 1,075,119

Table of contents

Section 1 Basic Economic Concepts.- Module 1 The Study of Economics.- Module 2 Introduction to Macroeconomics.- Module 3 The Production Possibilities Curve Model.- Module 4 Comparative Advantage and Trade.- Appendix Graphs in Economics Section 2 Supply and Demand.- Module 5 Supply and Demand: Introduction and Demand.- Module 6 Supply and Demand: Supply.- Module 7 Supply and Demand: Equilibrium.- Module 8 Supply and Demand: Price Controls (Ceilings and Floors).- Module 9 Supply and Demand: Quantity Controls Section 3 Measurement of Economic Performance.- Module 10 The Circular Flow and Gross Domestic Product.- Module 11 Interpreting Real Gross Domestic Product.- Module 12 The Meaning and Calculation of Unemployment.- Module 13 The Causes and Categories of Unemployment.- Module 14 Inflation: An Overview.- Module 15 The Measurement and Calculation of Inflation Section 4 National Income and Price Determination.- Module 16 Income and Expenditure.- Module 17 Aggregate Demand: Introduction and Determinants.- Module 18 Aggregate Supply: Introduction and Determinants.- Module 19 Equilibrium in the Aggregate Demand- Aggregate Supply Model.- Module 20 Economic Policy and the Aggregate Demand- Aggregate Supply Model.- Module 21 Fiscal Policy and Multiplier Effects Section 5 The Financial Sector.- Module 22 Saving, Investment, and the Financial System.- Module 23 The Definition and Measurement of Money.- Module 24 The Time Value of Money.- Module 25 Banking and Money Creation.- Module 26 The Federal Reserve System: History and Structure.- Module 27 The Federal Reserve System: Monetary Policy.- Module 28 The Money Market.- Module 29 The Market for Loanable Funds Section 6 Inflation, Unemployment, and Stabilization Policies.- Module 30 Long-Run Implications of Fiscal Policy: Deficits and the Public Debt.- Module 31 Monetary Policy and the Interest Rate.- Module 32 Money, Output, and Prices in the Long Run.- Module 33 Types of Inflation, Disinflation, and Deflation.- Module 34 Inflation and Unemployment: The Phillips Curve.- Module 35 History and Alternative Views of Macroeconomics.- Module 36 Consensus and Conflict in Modern Macroeconomics Section 7 Economic Growth and Productivity.- Module 37 Long-Run Economic Growth.- Module 38 Productivity and Growth.- Module 39 Growth Policy: Why Economic Growth Rates Differ.- Module 40 Economic Growth in Macroeconomic Models Section 8 The Open Economy: International Trade and Finance.- Module 41 Capital Flows and the Balance of Payments.- Module 42 The Foreign Exchange Market.- Module 43 Exchange Rate Policy and Macroeconomic Policy.- Module 44 Barriers to Trade.- Module 45 Putting It All Together Section 9 Behind the Demand Curve: Consumer Choice.- Module 46 Income Effects, Substitution Effects, and Elasticity.- Module 47 Interpreting Price Elasticity of Demand.- Module 48 Other Important Elasticities.- Module 49 Consumer and Producer Surplus.- Module 50 Efficiency and Deadweight Loss.- Module 51 Utility Maximization Section 10 Behind the Supply Curve: Profit, Production, and Costs.- Module 52 Defining Profit.- Module 53 Profit Maximization.- Module 54 The Production Function.- Module 55 Firm Costs.- Module 56 Long-Run Costs and Economies of Scale.- Module 57 Introduction to Market Structure.
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About Paul Krugman

David Anderson is the Paul G. Blazer Professor of Economics at Centre College. He received his BA in economics from the University of Michigan and his MA and PhD in economics from Duke University. Anderson has been involved in the AP (R) Economics programs for more than two decades. For five years he led the grading of one or both of the AP (R) Economics exams, and he speaks regularly at AP (R) conferences and workshops. He has authored dozens of scholarly articles and 15 books, including Explorations in Economics, Survey of Economics, Cracking the AP (R) Economics Exam, Economics by Example, Favorite Ways to Learn Economics, and Environmental Economics and Natural Resource Management . His research is primarily on economic education, environmental economics, law and economics, and labor economics. Anderson loves teaching introductory economics and has won awards for excellence and innovation in the classroom. His favorite hobby is running, and he competes in marathons and triathlons. He lives in Danville, Kentucky, with his wife and two children.
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