Essentials of Economics - Softcover

Mankiw, N. Gregory

Softcover

ISBN 10: 0030292719 ISBN 13: 9780030292712

Publisher: South-Western College Pub, 2000

Synopsis

For the one-semester survey of economics course, Mankiw now provides an excellent resource for students who are seeing economics for the first time. His two-semester version of the text has received such praise as "perhaps the best ever" textbook in economic principles. Its no wonder Mankiw's prize project has quickly become one of the most successful books ever to be published in the college marketplace. The author's conversational writing style is superb for presenting the politics and science of economic theories to tomorrow's decision-makers. Because Mankiw wrote it for the students, the book stands out among all other texts by intriguing students to apply an economic way of thinking in their daily lives.

About this title

About the Author

N. Gregory Mankiw is Robert M. Beren Professor of Economics and Chair of the Department of Economics at Harvard University. He studied economics at Princeton University and MIT. He has taught macroeconomics, microeconomics, statistics, and principles of economics. Professor Mankiw is a prolific writer and a regular participant in academic and policy debates. His research includes work on price adjustment, consumer behavior, financial markets, monetary and fiscal policy, and economic growth. His published articles have appeared in academic journals such as the AMERICAN ECONOMIC REVIEW, JOURNAL OF POLITICAL ECONOMY, and QUARTERLY JOURNAL OF ECONOMICS and in more widely accessible forums including THE NEW YORK TIMES, THE WASHINGTON POST, THE WALL STREET JOURNAL, and FORTUNE. In addition to his teaching, research, and writing, Professor Mankiw has been a research associate of the National Bureau of Economic Research, an adviser to the Federal Reserve Bank of Boston and the Congressional Budget Office, and a member of the ETS test development committee for the advanced placement exam in economics. From 2003 to 2005, he served as chairman of the President's Council of Economic Advisers. In addition, he maintains a very popular blog for students of economics at http://www.gregmankiw.blogspot.com.

Review

About the Author. Brief Contents. Table of Contents. Preface. PART I: INTRODUCTION. 1. Ten Principles of Economics. 2. Thinking Like an Economist. 3. Interdependence and the Gains from Trade. PART II: HOW MARKETS WORK. 4. The Market Forces of Supply and Demand. 5. Elasticity and Its Application. 6. Supply, Demand, and Government Policies. PART III: MARKETS AND WELFARE. 7. Consumers, Producers, and the Efficiency of Markets. 8. Application: The Costs of Taxation. 9. Application: International Trade. PART IV: THE ECONOMICS OF THE PUBLIC SECTOR. 10. Externalities. 11. Public Goods and Common Resources. Part V: Firm Behavior and the Organization of Industry. 12. The Costs of Production. 13. Firms in Competitive Markets. 14. Monopoly. PART VI: THE DATA OF MACROECONOMICS. 15. Measuring a Nation's Income. 16. Measuring the Cost of Living. PART VII: THE REAL ECONOMY IN THE LONG RUN. 17. Production and Growth. 18. Saving, Investment, and the Financial System. 19. The Basic Tools of Finance. 20. Unemployment and Its Natural Rate. PART VIII: MONEY AND PRICES IN THE LONG RUN. 21. The Monetary System. 22. Money Growth and Inflation. PART IX: SHORT-RUN ECONOMIC FLUCTUATIONS. 23. Aggregate Demand and Aggregate Supply. 24. The Influence of Monetary and Fiscal Policy on Aggregate Demand. Glossary. Index.

About this edition

• Publisher: South-Western College Pub
• Publication date: 2000
• ISBN 10: 0030292719
• ISBN 13: 9780030292712
• Binding: Paperback
• Edition number: 2
• Number of pages: 624