"Economics", by Krugman and Wells, proves that an introductory textbook can be both intellectually uncompromising and compelling at the same time. Written by one of the leading economic thinkers of our time, Paul Krugman, and an experienced Economics lecturer, Robin Wells, it sets a new standard for the integration of real-world examples and basic economic theory. "Economics" brings together the strengths of the textbooks, "Microeconomics" and "Macroeconomics" - for more information on the split textbooks, see the individual catalogue entries. An excellent on-line package supports the text - video clips on the website bring the subject alive, while the graphing centre, quizzes and other resources consolidate the learning process.
PAUL KRUGMAN is Professor of Economics at Princeton University, USA, where he regularly teaches the principles of economics course. Prior to his current position he taught at Yale, Stanford and MIT. He also spent a year on the staff of the Council of Economics Advisors in 1982-83. His research is mainly in the area of international trade, where he is one of the founders of the 'new trade theory'. He also works in international finance, with a concentration in currency crises. In 1991, Krugman received the American Economic Association's John Bates Clark medal. His earlier publications Peddling Prosperity and The Age of Diminished Expectations have become modern classics and his book The Great Unravelling: Losing Our Way in the New Century went straight to the top of the Amazon.com bestseller list. ROBIN WELLS is Researcher in Economics at Princeton University, USA, where she teaches undergraduate courses. She has previously taught at the University of Southampton, the University of Michigan, Stanford and MIT. Her teaching and research focus on the theory of organizations and incentives. She writes regularly for academic journals.