9780324590029

With its clear and engaging writing style, ESSENTIALS OF ECONOMICS, 5E, continues to be one of the most popular books on economics available today. Mankiw emphasizes material that you?re likely to find interesting about the economy (particularly if you?re 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.

Introduction
Ten Principles of Economics
Thinking Like an Economist
Interdependence and the Gains from Trade
How Markets Work
The Market Forces of Supply and Demand
Elasticity and Its Application
Supply, Demand, and Government Policies
Markets and Welfare
Consumers, Producers, and the Efficiency of Markets
Application: The Costs of Taxation
Application: International Trade
The Economics of The Public Sector
Externalities
Public Goods and Common Resources
Firm Behavior and The Organization of Industry
The Costs of Production
Firms in Competitive Markets
Monopoly
The Data of Macroeconomics
Measuring a Nation's Income
Measuring the Cost of Living
The Real Economy in the Long Run
Production and Growth
Saving, Investment, and the Financial System
The Basic Tools of Finance
Unemployment and Its Natural Rate
Money and Prices in the Long Run
The Monetary System
Money Growth and Inflation
Short-Run Economic Fluctuations
Aggregate Demand and Aggregate Supply
The Influence of Monetary and Fiscal Policy on Aggregate Demand
Glossary
Index
Table of Contents provided by Publisher. All Rights Reserved.

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Essentials Of Economics

Essentials Of Economics

0324590024

Summary

Table of Contents

Supplemental Materials