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Essentials of Economics

Essentials of Economics - 5th edition

ISBN13: 978-0324590029

Cover of Essentials of Economics 5TH 09 (ISBN 978-0324590029)
ISBN13: 978-0324590029
ISBN10: 0324590024
Cover type: Hardback
Edition/Copyright: 5TH 09
Publisher: South-Western Publishing Co.
Published: 2009
International: No

List price: $348.75

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Essentials of Economics - 5TH 09 edition

ISBN13: 978-0324590029

N. Gregory Mankiw

ISBN13: 978-0324590029
ISBN10: 0324590024
Cover type: Hardback
Edition/Copyright: 5TH 09
Publisher: South-Western Publishing Co.

Published: 2009
International: No
Summary

With its clear and engaging writing style, ESSENTIALS OF ECONOMICS, 5E, continues to be one of the most popular books on economics available today. Mankiw emphasizes material that you're likely to find interesting about the economy (particularly if you're studying economics for the first time), including real-life scenarios, useful facts, and the many ways economic concepts play a role in the decisions you make every day.

Author Bio

N. Gregory Mankiw is Professor of Economics at Harvard University. 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, such as 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.

Table of Contents

PART ONE: INTRODUCTION. 1: Ten Principles of Economics. 2: Thinking Like an Economist. 3: Interdependence and the Gains from Trade. PART TWO: HOW MARKETS WORK. 4: The Market Forces of Supply and Demand. 5: Elasticity and Its Application. 6: Supply, Demand, and Government Policies. PART THREE: MARKETS AND WELFARE. 7: Consumers, Producers, and the Efficiency of Markets. 8: Application: The Costs of Taxation. 9: Application: International Trade. PART FOUR: THE ECONOMICS OF THE PUBLIC SECTOR. 10: Externalities. 11 Public Goods and Common Resources. PART FIVE: FIRM BEHAVIOR AND THE ORGANIZATION OF INDUSTRY. 12: The Costs of Production. 13: Firms in Competitive Markets. 14: Monopoly. PART SIX: THE DATA OF MACROECONOMICS. 15: Measuring a Nation's Income. 16: Measuring the Cost of Living. PART SEVEN: THE REAL ECONOMY IN THE LONG RUN. 17: Production and Growth. 18: Saving, Investment, and the Financial System. 19: The Basic Tools of Finance. 20: Unemployment and Its Natural Rate. PART EIGHT: MONEY AND PRICES IN THE LONG RUN. 21: The Monetary System. 22: Money Growth and Inflation. PART NINE: SHORT-RUN ECONOMIC FLUCTUATIONS. 23: Aggregate Demand and Aggregate Supply. 24: The Influence of Monetary and Fiscal Policy on Aggregate Demand. Glossary. Index.

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