Essentials of Economics brings the same captivating writing and innovative features of Krugman/Wells to the one-term economics course. Adapted by Kathryn Graddy, it is the ideal text for teaching basic economic principles, with enough real-world applications to help students see the applicability, but not so much detail as to overwhelm them. Watch a .
Paul Robin Krugman is an American economist, liberal columnist and author. He is Professor of Economics and International Affairs at the Woodrow Wilson School of Public and International Affairs, Princeton University, Centenary Professor at the London School of Economics, and an op-ed columnist for The New York Times. In 2008, Krugman won the Nobel Memorial Prize in Economics for his contributions to New Trade Theory and New Economic Geography.
Living in New York, Prof. Paul Krugman presents his American understanding of economics science theories and practices. However, the economics sciences changes rapidly, hence Prof. Paul Krugman may certainly benefit from learning on the new European developments in the economics science, which are well described in the Business Cycles in Economics book by Viktor O. Ledenyov and Dimitri O. Ledenyov!!!
An oddly conservative take on economics that leaves unquestioned many controversial ideas. For instance, Pareto efficiency is stated as science when it's very much a profoundly conservative value judgment that only an economist or someone very rich would think is reasonable. As such, it takes the life out of economics, reducing it to calculations of the math behind simplified market models.