Brief Principles of Macroeconomics
When 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.
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Ten Principles of Economics
Thinking Like an Economist
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aggregate demand American amount assets balance bank benefits bonds borrow called capital outflow cause chapter comparative consider consumer cost countries currency deficit demand curve deposits determine developed discussed dollar domestic economists economy economy's effect equal equilibrium example exchange rate expected Explain exports fall Figure firms force foreign future given growth higher hold households important income increase inflation interest interest rate investment labor less living loanable funds long-run lower measure million monetary money supply natural nominal output percent person price level problem production purchases quantity quantity of money question raise reason reduce reserves result rises risk saving sell shifts short-run shows spending standard supply and demand Suppose theory trade unemployment unions United variables wages workers