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by N. Gregory Mankiw (Author)
About the Author
N. Gregory Mankiw is Robert M. Beren Professor of Economics at Harvard University. For 14 years he taught EC10 Principles, the most popular course at Harvard. He studied economics at Princeton University and MIT. Dr. 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. His work has also appeared in more widely accessible forums, including The New York Times, The Washington Post, The Wall Street Journal, and Fortune. Dr. 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.
About this book
Now you can master the principles of macroeconomics with the help of the most popular, widely-used economics textbook by students worldwide -- Mankiw's PRINCIPLES OF MACROECONOMICS, 8E. With its clear and engaging writing style, this book emphasizes only the material that will help you better understand the world in which you live, will make you a more astute participant in the economy, and will give you a better understanding of both the potential and limits of economic policy. The latest relevant examples bring macroeconomic principles to life. Acclaimed text author N. Gregory Mankiw explains, "I have tried to put myself in the position of someone seeing economics for the first time. My goal is to emphasize the material that students should and do find interesting about the study of the economy." Powerful student-focused digital resources are available in leading MindTap and Aplia digital learning and homework solutions that reinforce the principles presented in this edition.
Brief contents
PART I Introduction 1
1 Ten Principles of Economics 3
2 Thinking Like an Economist 19
3 Interdependence and the Gains from Trade 47
PART II How Markets Work 63
4 The Market Forces of Supply and Demand 65
5 Elasticity and Its Application 89
6 Supply, Demand, and Government Policies 111
PART III Markets and Welfare 131
7 Consumers, Producers, and the Efficiency of Markets 133
8 Application: The Costs of Taxation 153
9 Application: International Trade 167
PART IV The Data of Macroeconomics 187
10 Measuring a Nation’s Income 189
11 Measuring the Cost of Living 211
PART V The Real Economy in the Long Run 229
12 Production and Growth 231
13 Saving, Investment, and the Financial System 257
14 The Basic Tools of Finance 279
15 Unemployment 293
PART VI Money and Prices in the Long Run 317
16 The Monetary System 319
17 Money Growth and Inflation 343
PART VII The Macroeconomics of Open Economies 367
18 Open-Economy Macroeconomics: Basic Concepts 369
19 A Macroeconomic Theory of the Open Economy 393
PART VIII Short-Run Economic Fluctuations 415
20 Aggregate Demand and Aggregate Supply 417
21 The Influence of Monetary and Fiscal Policy on Aggregate Demand 453
22 The Short-Run Trade-off between Inflation and Unemployment 479
PART IX Final Thoughts 503
23 Six Debates over Macroeconomic Policy 505
Pages: 576 pages
Publisher: South-Western College Pub; 8 edition (January 1, 2017)
Language: English
ISBN-10: 1305971507
ISBN-13: 978-1305971509
South-Western__Principles of Macroeconomics, 8th.pdf
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