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Full Description
Now you can master key principles of macroeconomics with the help of the most popular economics series that's trusted by students worldwide. Mankiw's that emphasizes only the material that helps you better understand the world and economy in which you live. You learn to become a more astute participant in today's economy with a strong understanding of both the potential and limits of economic policy. The latest relevant examples bring the most important macroeconomic principles to life. Acclaimed author Gregory Mankiw explains, "I 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." To help you further master the most critical principles of macroeconomics, powerful student-focused digital resources are available in the leading MindTap digital learning and homework solution.
Contents
Part I1. Ten Principles of Economics.2. Thinking Like an Economist.3 .Interdependence and the Gains from Trade.Part II: HOW MARKETS WORK.4.The Market Forces of Supply and Demand.5. Measuring a Nation's Income.6. Measuring the Cost of Living.7. Production and Growth.8. Saving, Investment, and the Financial System.9. The Basic Tools of Finance.10. Unemployment and Its Natural Rate.11. The Monetary System.12. Money Growth and Inflation.13. Open-Economy Macroeconomics: Basic Concepts.14. A Macroeconomic Theory of the Open Economy.Part XII: SHORT-RUN ECONOMIC FLUCTUATIONS.15. Aggregate Demand and Aggregate Supply.16. The Influence of Monetary and Fiscal Policy on Aggregate Demand.17. The Short-Run Tradeoff between Inflation and Unemployment.Part XIII: FINAL THOUGHTS.18. Six Debates over Macroeconomic Policy.Glossary.Index.
