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Principles of Microeconomics

Principles of Microeconomics - 5th edition

ISBN13: 978-0324591323

Cover of Principles of Microeconomics 5TH 09 (ISBN 978-0324591323)
ISBN13: 978-0324591323
ISBN10: 0324591322
Cover type:
Edition/Copyright: 5TH 09
Publisher: South-Western Publishing Co.
Published: 2009
International: No

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Principles of Microeconomics - 5TH 09 edition

ISBN13: 978-0324591323

N. Gregory Mankiw

ISBN13: 978-0324591323
ISBN10: 0324591322
Cover type:
Edition/Copyright: 5TH 09
Publisher: South-Western Publishing Co.

Published: 2009
International: No
Summary

Principles of Microeconomics by N. Gregory Mankiw stands out among all other principles texts by intriguing students to apply and economic way of thinking to their daily lives. In this 5th edition of Principles of Microeconomics, Mankiw has tried to put himself in the position of someone seeing economics for the first time. Using a conversational writing style for a superb presentation of the politics and sciences of economic theories, Mankiw has made it easy for tomorrow's decision-makers. It s no wonder this prized project of Mankiw has quickly become one of the most successful books ever to be published in the college market receiving such praise as perhaps the best ever textbook in economic principles.

Author Bio

N. Gregory Mankiw
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 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.

Table of Contents

Part 1: INTRODUCTION.
1. Ten Principles of Economics.
2. Thinking Like an Economist.
Appendix: Graphing: A Brief Review.
3. Interdependence and the Gains from Trade.
Part 2: SUPPLY AND DEMAND I: HOW MARKETS WORK.
4. The Market Forces of Supply and Demand.
5. Elasticity and Its Application.
6. Supply, Demand, and Government Policies.
Part 3: SUPPLY AND DEMAND II: MARKETS AND WELFARE.
7. Consumers, Producers, and the Efficiency of Markets.
8. Application: The Costs of Taxation.
9. Application: International Trade.
Part 4: THE ECONOMICS OF PUBLIC SECTOR.
10. Externalities.
11. Public Goods and Common Resources.
12. The Design of the Tax System.
Part 5: FIRM BEHAVIOR AND THE ORGANIZATION OF INDUSTRY.
13. The Costs of Production.
14. Firms in Competitive Markets.
15. Monopoly.
16. Monopolistic Competition.
17. Oligopoly.
Part 6: THE ECONOMICS OF LABOR MARKETS.
18. The Markets for the Factors of Production.
19. Earnings and Discrimination.
20. Income Inequality and Poverty.
Part 7: TOPICS FOR FURTHER STUDY.
21. The Theory of Consumer Choice.
22. Frontiers in Microeconomics.
Glossary.
Index.

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Cover of Principles of Microeconomics 6th edition

Principles of Microeconomics - 6th edition

ISBN13: 978-0538453042
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