Principles of economics (Book, 2012) []
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Principles of economics

Author: N Gregory Mankiw
Publisher: Mason, OH : South-Western Cengage Learning, ©2012.
Edition/Format:   Print book : English : 6th edView all editions and formats
"Principles of Economics, Sixth Edition, became a best seller after its introduction and continues to be the most popular and widely used text in the economics classroom. Instructors found it the perfect complement to their teaching. A text by a superb writer and economist that stressed the most important concepts without overwhelming students with an excess of detail was a formula that was quickly imitated, but has  Read more...

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Document Type: Book
All Authors / Contributors: N Gregory Mankiw
ISBN: 9780538453059 0538453052 9780538453424 0538453427
OCLC Number: 727052196
Notes: Includes index.
Description: xxxii, 856 pages : color illustrations ; 27 cm
Contents: Part 1: Introduction. Ten Principles of Economics ; Thinking Like an Economist ; Interdependence and the Gains from Trade. --
Part 2: How markets work. The Market Forces of Supply and Demand ; Elasticity and Its Application ; Supply, Demand, and Government Policies. --
Part 3: Markets and welfare. Consumers, Producers, and the Efficiency of Markets ; Applications: The Costs of Taxation ; Application: International Trade. --
Part 4: The economics of the public sector. Externalities ; Public Goods and Common Resources ; The Design of the Tax System. --
Part 5: Firm behavior and the organization of industry. The Costs of Production ; Firms in Competitive Markets ; Monopoly ; Monopolistic Competition ; Oligopoly. --
Part 6: The Economics of the labor market. The Markets for the Factors of Production ; Earnings and Discrimination ; Income Inequality and Poverty. --
Part 7: Topics for further study. The Theory of Consumer Choice ; Frontiers in Microeconomics. --
Part 8: The data of macroeconomics. Measuring a Nation's Income ; Measuring the Cost of Living. --
Part 9: The real economy in the long run. Production and Growth ; Saving, Investment, and the Financial System ; Tools of Finance ; Unemployment and Its Natural Rate. --
Part 10: Money and prices in the long run. The Monetary System ; Money Growth and Inflation. --
Part 11: The macroeconomics of open economics. Open-Economy Macroeconomics: Basic Concepts ; A Macroeconomic Theory of the Open Economy. --
Part 12: Short-run economic fluctuations. Aggregate Demand and Aggregate Supply ; The Influence of Monetary and Fiscal Policy on Aggregate Demand ; The Short-Run Tradeoff between Inflation and Unemployment. --
Part 13: Final thoughts. Six Debates over Macroeconomic Policy.
Other Titles: Economics
Responsibility: N. Gregory Mankiw.


Stresses the important concepts of economics. This title features dozens of applications that emphasize the real-world relevance of economics for students through interesting news articles, realistic  Read more...


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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. Read more...

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