Fourth Edition   ©2015


Paul Krugman (City University of New York) , Robin Wells

  • ISBN-10: 1-319-11589-6; ISBN-13: 978-1-319-11589-0; Format: e-Book Agency, 704 pages

Exhaustively updated examples, particularly in the areas of technology (iPhones, shopping apps, innovations in men's razors, industrial robots)

Updated chapters on Externalities
and on Factor Markets to reflect current data and post recession realities. The Externalities chapter also features refined coverage of marginal social cost/benefit and cap and trade.

New online feature! Work It Out
Available in LaunchPad (see below), Work It Out puts one problem from each chapter in an interactive tutorial setting. Video instruction guides students toward the solution of the problem step by step.

LaunchPad helps instructors by making it easier for students to come to class better prepared and more likely to be engaged with the material—and by making it easier to build and administer the course online:

  • LaunchPad Units organize digital content (e-book, study tools, assessments) by chapter. Instructors can assign these expertly curated, pre-built units as is or customize them with additional LaunchPad resources or their own material. A complete course is just minutes away
  • LearningCurve adaptive quizzing responds to each individual’s correct and incorrect answers, providing instant feedback, tailor-made quizzes, and a unique learning path for each student.
  • LaunchPad’s Gradebook offers clear window on performance of each student or the class as a whole, for any assignments or the entire term.