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Principles of Macroeconomics

Principles of Macroeconomics - 6th edition

Principles of Macroeconomics - 6th edition

ISBN13: 9780538453066
ISBN10: 0538453060
Principles of Macroeconomics by N. Gregory Mankiw - ISBN 9780538453066
Cover type: Paperback
Edition: 6TH 12
Copyright: 2012
Publisher: South-Western Publishing Co.
Published:
International: No
Principles of Macroeconomics by N. Gregory Mankiw - ISBN 9780538453066
ISBN13: 9780538453066
ISBN10: 0538453060
Cover type: Paperback
Edition: 6TH 12
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Summary

PRINCIPLES OF MACROECONOMICS, became a best seller after its introduction and continues to be the most popular and widely used text in the economics classroom. Instructors found it the perfect complement to their teaching. A text by a superb writer and economist that stressed the most important concepts without overwhelming students with an excess of detail was a formula that was quickly imitated, but has yet to be matched.

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 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

Table of Contents

PART I: INTRODUCTION.
1. 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. Application: The Costs of Taxation.
9. Application: International Trade.
PART IV: THE DATA OF MACROECONOMICS.
10. Measuring a Nation's Income.
11. Measuring the Cost of Living.
PART V: THE REAL ECONOMY IN THE LONG RUN.
12. Production and Growth.
13. Saving, Investment, and the Financial System.
14. The Basic Tools of Finance.
15. Unemployment and Its Natural Rate.
PART VI: MONEY AND PRICES IN THE LONG RUN.
16. The Monetary System.
17. Money Growth and Inflation.
PART VII: THE MACROECONOMICS OF OPEN ECONOMICS.
18. Open-Economy Macroeconomics: Basic Concepts.
19. A Macroeconomic Theory of the Open Economy.
PART VIII: SHORT-RUN ECONOMIC FLUCTUATIONS.
20. Aggregate Demand and Aggregate Supply.
21. The Influence of Monetary and Fiscal Policy on Aggregate Demand.
22. The Short-Run Tradeoff between Inflation and Unemployment.
PART IX: FINAL THOUGHTS.
23. Six Debates over Macroeconomic Policy.
Glossary.
Index.