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Principles of Economics

ISBN: 9780030259517 | 0030259517
Edition: 2nd
Format: Hardcover
Publisher: South-Western College Pub
Pub. Date: 6/9/2000

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SummaryTable of Contents
In writing this textbook, Mankiw has tried to put himself in the position of someone seeing economics for the first time. The author?s conversational writing style is superb for presenting the politics and science of economic theories to tomorrow?s decision-makers. Because Mankiw wrote it for the students, the book stands out among all other principle texts by intriguing students to apply an economic way of thinking in their daily lives. Receiving such a praise as "perhaps the best ever" textbook in economic principles, it?s no wonder Mankiw?s prize project has quickly become one of the most successful books ever to be published in the college marketplace.
PART ONE INTRODUCTION1(62)
Ten Principles of Economics
3(16)
Thinking Like an Economist
19(28)
... MORE
Interdependence and the Gains from Trade
47(16)
PART TWO SUPPLY AND DEMAND I: HOW MARKETS WORK63(76)
The Market Forces of Supply and Demand
65(28)
Elasticity and Its Application
93(24)
Supply, Demand, and Government Policies
117(22)
PART THREE SUPPLY AND DEMAND II: MARKETS AND WELFARE139(64)
Consumers, Producers, and the Efficiency of Markets
141(20)
Application: The Costs of Taxation
161(18)
Application: International Trade
179(24)
PART FOUR THE ECONOMICS OF THE PUBLIC SECTOR203(64)
Externalities
205(20)
Public Goods and Common Resources
225(18)
The Design of the Tax System
243(24)
PART FIVE FIRM BEHAVIOR AND THE ORGANIZATION OF INDUSTRY267(128)
The Costs of Production
269(22)
Firms in Competitive Markets
291(24)
Monopoly
315(34)
Oligopoly
349(28)
Monopolistic Competition
377(18)
PART SIX THE ECONOMICS OF LABOR MARKETS395(66)
The Markets for the Factors of Production
397(20)
Earnings and Discrimination
417(20)
Income Inequality and Poverty
437(24)
PART SEVEN ADVANCED TOPIC461(30)
The Theory of Consumer Choice
463(28)
PART EIGHT THE DATA OF MACROECONOMICS491(36)
Measuring a Nation's Income
493(18)
Measuring the Cost of Living
511(16)
PART NINE THE REAL ECONOMY IN THE LONG RUN527(78)
Production and Growth
529(24)
Saving, Investment, and the Financial System
553(26)
Unemployment and Its Natural Rate
579(26)
PART TEN MONEY AND PRICES IN THE LONG RUN605(50)
The Monetary System
607(20)
Money Growth and Inflation
627(28)
PART ELEVEN THE MACROECONOMICS OF OPEN ECONOMIES655(44)
Open-Economy Macroeconomics: Basic Concepts
657(22)
A Macroeconomic Theory of the Open Economy
679(20)
PART TWELVE SHORT-RUN ECONOMIC FLUCTUATIONS699(90)
Aggregate Demand and Aggregate Supply
701(32)
The Influence of Monetary and Fiscal Policy on Aggregate Demand
733(28)
The Short-run Tradeoff between Inflation and Unemployment
761(28)
PART THIRTEEN FINAL THOUGHTS789(22)
Five Debates over Macroeconomic Policy
791(20)
Glossary811(10)
Index821

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