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Krugman’s Economics for AP®, Second Edition

Margaret Ray

University of Mary Washington

David Anderson

Centre College

Adapted from Economics, Third Edition by Paul Krugman and Robin Wells

AP® is a trademark registered and/or owned by the College Board, which was not involved in the production of, and does not endorse, this product.

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Publisher: Ann Heath

Sponsoring Editor: Janie Pierce-Bratcher

Development Editor: Karen Misler

Editorial Assistant: Rachel Chlebowski

Marketing Manager: Julie Comforti

Marketing Assistant: Nont Pansringarm

Photo Editor: Cecilia Varas

Photo Researcher: Cecilia Varas

Art Director: Diana Blume

Cover Designer: Joseph DePinho

Interior Designer: Tamara Newnam

Managing Editor: Lisa Kinne

Senior Project Editor: Elizabeth Geller

Production Manager: Barbara Seixas

Composition: TSI evolve

Printing and Binding: RR Donnelley

Cover images: Kivilcim Pinar/Getty Images (market photo); Petr Vaclavek/Shutterstock (puzzle pieces); upixa/iStock/Getty Images Plus (wood background)

Library of Congress Control Number: 2014957767

ISBN-10: 1-4641-2218-0

ISBN-13: 978-1-4641-2218-7

©2015, 2011 by Worth Publishers

All rights reserved

Printed in the United States of America

Second Printing

BFW/Worth Publishers

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New York, NY 10010

highschool.bfwpub.com/KrugmanAP2e