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Krugman's Microeconomics for AP® & Economics by Example
First Edition| ©2011 Margaret Ray; David A. Anderson
Watch a webinar on “Preparing...
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.
Institutional Prices
Hardcover + Economics by Example (High School Version)
C$186.51
ISBN:9781429287814
This package includes Hardcover and Hardcover.
C$186.51
Strive for a 5: Preparing for the AP® Microeconomics Examination
C$36.40
ISBN:9781429264532
Read and study old-school with our bound texts.
C$36.40

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.
Features
Expert Author Team
Margaret Ray and David Anderson bring to the text a combined 35 years of experience with AP Economics students and teachers.
Close Adherence to the AP Topic Outline and Terminology
Because it closely conforms to the required AP exam course content and vocabulary, this book helps students learn the material and terminology necessary to realize success on the AP exam.
AP Course-friendly Organization
The book is divided into 8 sections (micro-only) and 14 sections (Econ) that correlate to The College Board’s AP Topic Outline. Each section is further divided into 4–7 modules to break the course material into a pedagogically appropriate units designed to be presented in one class period. This modular organization presents the he required material in a sequence and at a pace designed for optimal success for teachers and students in AP economics classes.
Relevant Examples
The Krugman and Wells Economics textbook has long been praised for its use of relevant and interesting examples to teach economic principles. Krugman’s Economics for AP* retains this approach, while modifying, adding, or replacing examples to speak specifically to the high school audience. For example, in the AP text, a “real cost” example in the college textbook that focuses on students choosing their courses becomes an example based on high school students selecting a college to attend.
Practice for the AP Exam
Each module concludes with AP review material including sample AP-style multiple choice and free response questions. Answers to these questions are included at the end of the book. At the end of each section, teachers will find additional questions for in-class or homework assignments. Solutions to the end-of-section problems are found in the teacher’s resource binder.
Media and Supplements
Margaret Ray, in collaboration with experienced AP readers/teachers, Eric Dodge (Hanover College) and David Mayer (Churchill High School, San Antonio), have developed an extensive supplements package to support the text. The instructor’s resources are designed to serve and support both new and experienced teachers. The student’s resources focus on achieving success in the course and on the AP exam. All supplement materials are developed to adhere to the AP course outline, goals, and testing format.
Economics by Example by David Anderson
As an added bonus, a special high school (hardcover) printing of co-author David Anderson’s Economics by Example is bundled for free with all books in the AP Krugman series—this includes the macro, micro, and combined volumes. Throughout the AP Krugman texts and instructors materials, teachers will find suggestions for how to integrate chapters from Economics by Example into their course.
Margaret Ray and David Anderson bring to the text a combined 35 years of experience with AP Economics students and teachers.
Close Adherence to the AP Topic Outline and Terminology
Because it closely conforms to the required AP exam course content and vocabulary, this book helps students learn the material and terminology necessary to realize success on the AP exam.
AP Course-friendly Organization
The book is divided into 8 sections (micro-only) and 14 sections (Econ) that correlate to The College Board’s AP Topic Outline. Each section is further divided into 4–7 modules to break the course material into a pedagogically appropriate units designed to be presented in one class period. This modular organization presents the he required material in a sequence and at a pace designed for optimal success for teachers and students in AP economics classes.
Relevant Examples
The Krugman and Wells Economics textbook has long been praised for its use of relevant and interesting examples to teach economic principles. Krugman’s Economics for AP* retains this approach, while modifying, adding, or replacing examples to speak specifically to the high school audience. For example, in the AP text, a “real cost” example in the college textbook that focuses on students choosing their courses becomes an example based on high school students selecting a college to attend.
Practice for the AP Exam
Each module concludes with AP review material including sample AP-style multiple choice and free response questions. Answers to these questions are included at the end of the book. At the end of each section, teachers will find additional questions for in-class or homework assignments. Solutions to the end-of-section problems are found in the teacher’s resource binder.
Media and Supplements
Margaret Ray, in collaboration with experienced AP readers/teachers, Eric Dodge (Hanover College) and David Mayer (Churchill High School, San Antonio), have developed an extensive supplements package to support the text. The instructor’s resources are designed to serve and support both new and experienced teachers. The student’s resources focus on achieving success in the course and on the AP exam. All supplement materials are developed to adhere to the AP course outline, goals, and testing format.
Economics by Example by David Anderson
As an added bonus, a special high school (hardcover) printing of co-author David Anderson’s Economics by Example is bundled for free with all books in the AP Krugman series—this includes the macro, micro, and combined volumes. Throughout the AP Krugman texts and instructors materials, teachers will find suggestions for how to integrate chapters from Economics by Example into their course.
New to This Edition

Krugman's Microeconomics for AP® & Economics by Example
First Edition| ©2011
Margaret Ray; David A. Anderson
Digital Options

Krugman's Microeconomics for AP® & Economics by Example
First Edition| 2011
Margaret Ray; David A. Anderson
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
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
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
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
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
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
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
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
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
Module 43 The Economics of Information
Module 44 Indifference Curves and Consumer Choice

Krugman's Microeconomics for AP® & Economics by Example
First Edition| 2011
Margaret Ray; David A. Anderson
Authors

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.

Krugman's Microeconomics for AP® & Economics by Example
First Edition| 2011
Margaret Ray; David A. Anderson
Program Resources
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ExamView Assessment Suite for Krugman's Microeconomics for AP®
Eric Dodge | First Edition | ©2011 | ISBN:9781429258524The Test Bank provides a wide range of AP style multiple choice and short answer questions appropriate for assessing student comprehension,
The Test Bank provides a wide range of AP style multiple choice and short answer questions appropriate for assessing student comprehension, interpretation, analysis, and synthesis skills. With thousands of questions, the Test Bank offers multiple-choice and short answer questions designed for comprehensive coverage of the AP course concepts. Questions have been checked for correlation with the text content and notation, overall usability, and accuracy.
The Questions are organized by Section, keyed to the pertinent module(s), and categorized by degree of difficulty. The Test Bank includes questions designed to represent the various question formats used on the AP exam. It contains questions based on the graphs that appear in the book. These questions ask students to use the graphical models developed in the textbook and to interpret the information presented in the graph. Selected questions are paired with scenarios to reinforce comprehension.
The CD-ROM version(Windows and Macintosh) allows users to write and edit questions as well as create and print tests. Questions may be sorted according to various information fields and scrambled to create different versions of tests.
Printed Test Bank for Krugman's Microeconomics for AP®
Eric Dodge | First Edition | ©2012 | ISBN:9781429272322The Test Bank provides a wide range of AP style multiple choice and short answer questions appropriate for assessing student comprehens...
The Test Bank provides a wide range of AP style multiple choice and short answer questions appropriate for assessing student comprehension, interpretation, analysis, and synthesis skills. With thousands of questions, the Test Bank offers multiple-choice and short answer questions designed for comprehensive coverage of the AP course concepts. Questions have been checked for correlation with the text content and notation, overall usability, and accuracy.
The Questions are organized by Section, keyed to the pertinent module(s), and categorized by degree of difficulty. The Test Bank includes questions designed to represent the various question formats used on the AP exam. It contains questions based on the graphs that appear in the book. These questions ask students to use the graphical models developed in the textbook and to interpret the information presented in the graph. Selected questions are paired with scenarios to reinforce comprehension.
Computerized Test Bank The printed Test Bank is also available on a CD-ROM (Windows and Macintosh) and allows users to write and edit questions as well as create and print tests. Questions may be sorted according to various information fields and scrambled to create different versions of tests.
Teacher's Resource Binder for Krugman's Microeconomics for AP®
Eric Dodge | First Edition | ©2012 | ISBN:9781429263610The TRB, written by Eric Dodge, is a comprehensive resource for AP Economics teachers that provides suggestions for organizing an AP Ec...
The TRB, written by Eric Dodge, is a comprehensive resource for AP Economics teachers that provides suggestions for organizing an AP Economics course, including a sample syllabus, teaching strategies, suggested resources, and AP tips that will prove helpful for new and experienced AP teachers alike.
In addition, the following components are provided for each module:
• Student learning objectives
• Key economic concepts
• Common student difficulties
• Class presentation ideas
• Pacing guides to suggest how much class time to spend on the module
• Sample lectures
• In-class demonstrations and activities
• Solutions to AP Review problems from the textbook
• Student learning objectives
• Key economic concepts
• Common student difficulties
• Class presentation ideas
• Pacing guides to suggest how much class time to spend on the module
• Sample lectures
• In-class demonstrations and activities
• Solutions to AP Review problems from the textbook
Teacher's Resource CD for Krugman Microeconomics for AP®
David Anderson; Paul Krugman; Robin Wells | First Edition | ©2011 | ISBN:9781429258555Confirm Request
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Krugman's Microeconomics for AP® & Economics by Example
First Edition| 2011
Margaret Ray; David A. Anderson
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