Macroeconomics 3rd Edition by Paul Krugman and Robin Wells

Macroeconomics 3rd Edition by Paul Krugman and Robin Wells offers new examples, new case studies, and new coverage. 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.

This book 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. New opening stories have been introduced in key chapters, Economics in Action features are updated throughout the textbook, and new examples illustrating key concepts have changed with the instructor & student in mind.

Each chapter closes with a new business case study that applies the economics learned in the chapter to a specific business situation, featuring American and international companies throughout the book. A new chapter, Crises and Consequences, provides an extended discussion of the financial crisis of 2008-2009 and its place in the history of economic crises. Financial crisis material is also integrated throughout the textbook, especially in the macroeconomics split, with instances identified by a special “Crisis” icon.

When looking to bridge the gap between global economic events and their own daily lives, Americans have increasingly turned to Paul Krugman. His lucid grasp of economics in action and his uncanny way of translating complex issues into everyday terms have made him a bestselling author and the most widely read economist writing for the general public today.

That ability to communicate economic concepts clearly and engagingly is at the heart of Macroeconomics, coauthored by Krugman and Robin Wells. The book offers more of Krugman’s signature voice, more coverage of policy, and an extraordinary amount of new examples and explanations, as well as a number of content and organizational changes that are meeting the approval of instructors nationwide.

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