Principles of Macroeconomics (with Xtra!)

by Mankiw, N. Gregory

• ISBN13: 9780324171891
• ISBN10: 0324171897
• Edition: 3rd
• Format: Paperback
• Copyright: 2003-02-26
• Publisher: South-Western College Pub

Summary

For professionals who are searching for comprehensive coverage of micro topics. The author?s "easy-going" writing style is superb for presenting the politics and science of economic theories and has been praised as "perhaps the best ever" coverage in economic principles. This book stands out among all other texts because of its ability to intrigue readers and encourage individuals to incorporate an economic way of thinking in daily life.

Table of Contents

PART 1 INTRODUCTION	1	(60)
Ten Principles of Economics	3	(16)
Thinking Like an Economist	19	(26)
Interdependence and the Gains from Trade	45	(16)
PART 2 SUPPLY AND DEMAND I: HOW MARKETS WORK	61	(74)
The Market Forces of Supply and Demand	63	(26)
Elasticity and Its Application	89	(24)
Supply, Demand, and Government Policies	113	(22)
PART 3 SUPPLY AND DEMAND II: MARKETS AND WELFARE	135	(66)
Consumers, Producers, and the Efficiency of Markets	137	(22)
Application: The Costs of Taxation	159	(16)
Application: International Trade	175	(26)
PART 4 THE DATA OF MACROECONOMICS	201	(38)
Measuring a Nation's Income	203	(20)
Measuring the Cost of Living	223	(16)
PART 5 THE REAL ECONOMY IN THE LONG RUN	239	(90)
Production and Growth	241	(24)
Saving, Investment, and the Financial System	265	(22)
The Basic Tools of Finance	287	(16)
Unemployment and Its Natural Rate	303	(26)
PART 6 MONEY AND PRICES IN THE LONG RUN	329	(48)
The Monetary System	331	(18)
Money Growth and Inflation	349	(28)
PART 7 THE MACROECONOMICS OF OPEN ECONOMIES	377	(48)
Open-Economy Macroeconomics: Basic Concepts	379	(22)
A Macroeconomic Theory of the Open Economy	401	(24)
PART 8 SHORT-RUN ECONOMIC FLUCTUATIONS	425	(88)
Aggregate Demand and Aggregate Supply	427	(32)
The Influence of Monetary and Fiscal Policy on Aggregate Demand	459	(26)
The Short-Run Tradeoff between Inflation and Unemployment	485	(28)
PART 9 FINAL THOUGHTS	513	(20)
Five Debates over Macroeconomic Policy	515	(18)
Glossary	533	(4)
Index	537