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Full Description
With its clear and engaging writing style, PRINCIPLES OF ECONOMICS, Sixth Edition, continues to be one of the most popular books on economics available today. Mankiw emphasizes material that you are likely to find interesting about the economy (particularly if you are 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.
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. Elasticity and Its Application.6. Supply, Demand, and Government Policies.PART III: MARKETS AND WELFARE.7. Consumers, Producers, and the Efficiency of Markets.8. Applications: The Costs of Taxation.9. Application: International Trade.10. Externalities.11. Public Goods and Common Resources.12. The Design of the Tax System.13. The Costs of Production.14. Firms in Competitive Markets.15. Monopoly.16. Monopolistic Competition.17. Oligopoly.18. The Markets for the Factors of Production.19. Earnings and Discrimination.20. Income Inequality and Poverty.PART VII: TOPICS FOR FURTHER STUDY.21. The Theory of Consumer Choice.22. Frontiers in Microeconomics.23. Measuring a Nation's Income.24. Measuring the Cost of Living.25. Production and Growth.26. Saving, Investment, and the Financial System.27. Tools of Finance.28. Unemployment and Its Natural Rate.29. The Monetary System.30. Money Growth and Inflation.31. Open-Economy Macroeconomics: Basic Concepts.32. A Macroeconomic Theory of the Open Economy.PART XII: SHORT-RUN ECONOMIC FLUCTUATIONS.33. Aggregate Demand and Aggregate Supply.34. The Influence of Monetary and Fiscal Policy on Aggregate Demand.35. The Short-Run Tradeoff between Inflation and Unemployment.PART XIII: FINAL THOUGHTS.36. Six Debates over Macroeconomic Policy.



