Brief Principles of MacroeconomicsWhen the Mankiw text was first published, The Economist wrote, "Mr. Mankiw's book sets a new standard of clarity and liveliness." USA Today called it "a grand success." Since then, the book has been translated into more than a dozen languages and has been used at hundreds of schools to introduce economics to hundreds of thousands of students around the world. South-Western is now pleased to bring you this third edition. To help you in your study, South-Western has prepared a variety of student resources to accompany the book. These supplements test your understanding and provide you with opportunities for practice and research in economics. Book jacket. |
Contents
How People Interact | 8 |
Conclusion | 15 |
The Economist as Policy Adviser | 28 |
Copyright | |
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aggregate demand aggregate-demand curve aggregate-supply curve amount assets bank bonds buyers capital outflow cars chapter computers consumer price index countries currency curve shifts demand curve demand for loanable deposits dollar domestic economists economy's effect efficient markets hypothesis equilibrium price example Explain exports Figure firms GDP deflator graph higher households ice cream Ice-Cream Cones important income increase inflation rate investment labor force loanable funds long-run macroeconomic market for loanable measure million money supply national saving natural rate net capital outflow nominal GDP nominal interest rate opportunity cost output percent Phillips curve policymakers price level production possibilities frontier purchases quantity demanded quantity of money quantity supplied rancher real exchange rate real GDP real interest rate reduce rises sell sellers short-run shows spending supply and demand supply curve theory trade tradeoff U.S. economy unemployed unions United variables wages workers