Principles of economics /
N. Gregory Mankiw.
- Seventh edition.
- New Tech Park, Singapore : Cengage Learning Asia, 2015.
- xxxii, 847 pages: ill. ; 25 cm.
Includes index.
Part I: Introduction -- Part II: How market works -- Part III: Markets and welfare -- Part IV: The economics of the public sector -- Part V: Firm behavior and the organization of industry -- Part VI: The economics of labor markets -- Part VII: Topics for further study -- Part VIII: The data of macroeconomics -- Part IX: The real economy in the long run -- Part X: Money and prices in the long run -- Part XI: The macroeconomics of open economies -- Part XII: Short-run economic fluctuations -- Part XIII: Final thoughts
In writing this textbook, Mankiw tried to put himself in the position of someone coming to economics for the first time. His plan worked. Receiving such applause as "the most talked about economics text of our time" and "a long overdue accessible introduction to modern economics" it is no wonder that Mankiw's prize project has quickly become one of the most successful books ever to publish in the college marketplace. 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 students, the book stands out among all other principles of economics texts by intriguing students to apply an economic way of thinking in their daily lives.