When it comes to explaining current economic conditions, there is no economist readers trust more than New York Timescolumnist and Nobel laureate Paul Krugman. Term after term, Krugman is earning that same level of trust in the classroom, with more and more instructors introducing students to the fundamental principles of economics via Krugman's signature storytelling style. The new Third Edition of Paul Krugman and Robin Wells's Economicsis their most accomplished yetextensively updated to offer new examples and stories, new case studies from the business world, and expert coverage of the ongoing financial crisis.