Krugman's Microeconomics for AP® & Economics by Example by Margaret Ray; David A. Anderson - First Edition, 2011 from Macmillan Student Store

Krugman's Microeconomics for AP® & Economics by Example

First  Edition©2011 Margaret Ray; David A. Anderson

New Edition Available

About

Watch a webinar on “Preparing Your Students for the AP* Exams” with AP* Krugman supplement author Dave Mayer.  Please allow 30-45 minutes for the 1:20 minute video to load.  Also view Dave’s PowerPoint slides.

Listen as co-author Margaret Ray discusses using Krugman’s Economics for AP* to teach AP Economics.

Watch instructor video reviews here.

Krugman’s Microeconomics for AP* combines the successful storytelling, vivid examples, and clear explanations of Paul Krugman and Robin Wells with the AP* expertise of Margaret Ray and David Anderson. In this exciting new AP text, Ray and Anderson successfully marry Krugman’s engaging approach and captivating writing with content based on The College Board’s AP Economics Course outline, all while focusing on the specific needs and interests of high school teachers and students.
 
Special Package with David Anderson's Economics by Example
As an added bonus, a special high school (hardcover) printing of co-author David Anderson’s Economics By Example is bundled with the textbook absolutely free. Throughout the text and instructors materials, teachers will find suggestions for how to integrate chapters from Economics by Example into their course.

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   
 
Section 2: Supply and Demand
Module  5  Introduction and Demand    
Module  6  Supply and Equilibrium    
Module  7  Changes in Equilibrium    
Module  8  Price Controls (Ceilings and Floors)    
Module  9  Quantity Controls    
 
Section 3: Behind the Demand Curve: Consumer Choice
Module 10  Income Effects, Substitution Effects, and Elasticity    
Module 11  Interpreting Price Elasticity of Demand    
Module 12  Other Elasticities    
Module 13  Consumer and Producer Surplus    
Module 14  Efficiency and Deadweight Loss    
Module 15  Utility Maximization    
 
Section 4: Behind the Supply Curve: Profit, Production, and Costs
Module 16  Defining Profit    
Module 17  Profit Maximization    
Module 18  The Production Function    
Module 19  Firm Costs    
Module 20  Long-Run Costs and Economies of State    
Module 21  Introduction to Market Structure    
 
Section 5: Market Structures: Perfect Competition and Monopoly
Module 22  Introduction to Perfect Competition    
Module 23  Graphing Perfect Competition    
Module 24  Long-Run Outcomes in Perfect Competition
Module 25  Introduction to Monopoly    
Module 26  Monopoly and Public Policy
Module 27  Price Discrimination    
 
Section 6: Market Structures: Imperfect Competition
Module 28  Introduction to Oligopoly    
Module 29  Game Theory    
Module 30  Oligopoly in Practice    
Module 31  Introduction to Monopolistic Competition    
Module 32  Product Differentiation and Advertising    
 
Section 7: Factor Markets
Module 33  Introduction and Factor Demand    
Module 34  The Markets for Land and Capital  
Module 35  The Market for Labor    
Module 36  The Cost-Minimizing Input Combination   
Module 37  Theories of Income Distribution    
 
Section 8: Market Failure and the Role of Government
Module 38  Introduction to Externalities    
Module 39  Externalities and Public Policy    
Module 40  Public Goods
Module 41  Public Policy to Promote Competition    
Module 42  Income Inequality and Income Distribution    
 
Appendix: Enrichment Modules
Module 43  The Economics of Information    
Module 44  Indifference Curves and Consumer Choice    

Margaret Ray

Margaret Ray is Professor of Economics and Director of the Center for Economic Education at the University of Mary Washington, where she specializes in teaching introductory economics. She received her BS in Economics from Oklahoma State University and her PhD in Economics from the University of Tennessee. In 2012 she received her MEd in Curriculum and Instruction and became certified to teach K-12 Social Studies. She has taught AP® Economics courses at several high schools in Virginia and has received the Council on Economic Education’s Excellence in Teaching Economics award. She has been involved in the AP® Economics program since 1992, serving as a reader and question leader, writing test items, overseeing the AP® course audit, writing College Board “Special Focus” articles, and editing the Council on Economic Education’s AP® Macroeconomics resource. She has been a College Board® Endorsed Consultant for economics since 2001, and she conducts several professional development workshops and institutes each year. Her favorite hobby is showing hunter-jumper horses adopted from racehorse rescue organizations. She lives on a farm in Spotsylvania, Virginia, with her two daughters.

David A. Anderson

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® Economics programs for more than two decades. For five years he led the grading of one or both of the AP® Economics exams, and he speaks regularly at AP® conferences and workshops. He has authored dozens of scholarly articles and 15 books, including Explorations in Economics, Survey of Economics, Cracking the AP® 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.

David Anderson

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® Economics programs for more than two decades. For five years he led the grading of one or both of the AP® Economics exams, and he speaks regularly at AP® conferences and workshops. He has authored dozens of scholarly articles and 15 books, including Explorations in Economics, Survey of Economics, Cracking the AP® 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.