Principles of Economics, Volume 1

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Cengage Learning, Feb 15, 2006 - Business & Economics - 936 pages
2 Reviews
PRINCIPLES OF ECONOMICS continues to be the most popular and widely used text in the Economics classroom. The 4th edition features a strong revision of content in all 36 chapters while maintaining the clear and accessible writing style that is the hallmark of the highly respected author. The 4th edition also features an expanded instructor’s resource package designed to assist instructors in course planning and classroom presentation and full integration of content with Aplia, the leading online Economics education program. In the 4th edition Greg Mankiw has created a full educational program for students and instructors -- Experience Mankiw 4e. 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. - N. Gregory Mankiw.
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nice book

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A very well-written textbook by a Harvard economist. All the areas of economics are covered in depth here. Mankiw keeps it from being too stuffy with some fun anecdotes from popular culture; my favorite being a reference to Kramer from Seinfeld (discussing unemployment).
As a side note, the author is accessible@ his Harvard e-mail address; he has answered several e-mails I have sent him.
 

Contents

How Markets Work
61
Markets and Welfare
135
The Economics of the Public Sector
201
Firm Behavior and the Organization of Industry
265
The Economics of Labor Markets
391
Topics for Further Study
453
The Data of Macroeconomics
505
The Real Economy in the Long Run
547
Money and Prices in the Long Run
639
The Macroeconomics of Open Economies
689
ShortRun Economic Fluctuations
737
Final Thoughts
831
QUICK QUIZ ANSWERS
857
GLOSSARY
873
INDEX
879
Copyright

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About the author (2006)

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.

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