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MacroeconomicsSecond Edition

Chapter 2Economic Models: Trade-offs and Trade

Copyright © 2009 by Worth Publishers

Paul Krugman and Robin Wells

Figure 2.1 The Production Possibility FrontierKrugman and Wells: Macroeconomics, Second EditionCopyright © 2009 by Worth Publishers

Figure 2.2 Increasing Opportunity CostKrugman and Wells: Macroeconomics, Second EditionCopyright © 2009 by Worth Publishers

Figure 2.3 Economic GrowthKrugman and Wells: Macroeconomics, Second EditionCopyright © 2009 by Worth Publishers

Figure 2.4 Production Possibilities for Two CastawaysKrugman and Wells: Macroeconomics, Second EditionCopyright © 2009 by Worth Publishers

Table 2.1Krugman and Wells: Macroeconomics, Second EditionCopyright © 2009 by Worth Publishers

Table 2.2Krugman and Wells: Macroeconomics, Second EditionCopyright © 2009 by Worth Publishers

Figure 2.5 Comparative Advantage and Gains From TradeKrugman and Wells: Macroeconomics, Second EditionCopyright © 2009 by Worth Publishers

Figure 2.6 Comparative Advantage and International TradeKrugman and Wells: Macroeconomics, Second EditionCopyright © 2009 by Worth Publishers

Unnumbered Figure 2.1 Pajama RepublicsKrugman and Wells: Macroeconomics, Second EditionCopyright © 2009 by Worth Publishers

Figure 2.7 The Circular-Flow DiagramKrugman and Wells: Macroeconomics, Second EditionCopyright © 2009 by Worth Publishers

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