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Principles of Macroeconomics

ISBN: 9780030270178 | 0030270170
Edition: 2nd
Format: Paperback
Publisher: Cengage Learning
Pub. Date: 6/2/2000

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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 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(63)
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 DATA OF MACROECONOMICS203(36)
Measuring a Nation's Income
205(18)
Measuring the Cost of Living
223(16)
PART FIVE THE REAL ECONOMY IN THE LONG RUN239(78)
Production and Growth
241(24)
Saving, Investment, and the Financial System
265(26)
Unemployment and Its Natural Rate
291(26)
PART SIX MONEY AND PRICES IN THE LONG RUN317(50)
The Monetary System
319(20)
Money Growth and Inflation
339(28)
PART SEVEN THE MACROECONOMICS OF OPEN ECONOMIES367(44)
Open-Economy Macroeconomics: Basic Concepts
369(22)
A Macroeconomic Theory of the Open Economy
391(20)
PART EIGHT SHORT-RUN ECONOMIC FLUCTUATIONS411(90)
Aggregate Demand and Aggregate Supply
413(32)
The Influence of Monetary and Fiscal Policy on Aggregate Demand
445(28)
The Short-run Tradeoff between Inflation and Unemployment
473(28)
PART NINE FINAL THOUGHTS501(22)
Five Debates over Macroeconomic Policy
503(20)
Glossary523(6)
Index529

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