Essentials of Economics brings the captivating storytelling approach, real-world applications, and innovative features of Paul Krugman and Robin Wells' Economics to the one-term economics course. It is the ideal text for teaching basic economic principles in a single term, distilling the increasingly popular Krugman/Wells text down to what is truly essential. The new edition is the most accessible yet--thoroughly updated with current topics and examples, and with new cases that are especially appealing to business students.