Principles of Economics

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Principles of Economics

N. Gregory Mankiw

Cengage Learning

2021

Abstract

Now you can master the principles of economics with the help of the most popular economics textbook trusted by students worldwide: Mankiw's PRINCIPLES OF ECONOMICS, 9E.
Using a clear, inviting writing style, this book emphasizes only the material that helps you better understand the world and economy in which you live.
You learn to become a more astute participant in today's economy with a strong understanding of both the potential and limits of economic policy.

Brief contents:

Part 1: Introduction:

1. Ten Principles of economics;
2. Thinking like an economist;
3. Interdependence and the Gains from Trade.

Part 2: How Markets Work;

1. The Market forces of supply and Demand;
2. Elasticity and its Application;
3. Supply, Demand, and Government Policies.

Part 3: Markets and Welfare:

1. Consumers, Producers, and the efficiency of Markets;
2. Application: The costs of Taxation;
3. Application: international.

Part 4: The economics of the Public sector;

1. Externalities;
2. Public Goods and common resources;
3. The Design of the Tax system.

Part 5: Firm Behavior and the organization of industry;

1. The costs of Production;
2. Firms in competitive Markets;
3. Monopoly;
4. Monopolistic competition;
5. Oligopoly.

Part 6: The economics of labor Markets;

1. The Markets for the factors of Production;
2. Earnings and Discrimination;
3. Income inequality and Poverty.

Part 7: Topics for further study;

1. The Theory of consumer choice;
2. Frontiers of Microeconomics.

Part 8: The Data of Macroeconomics;

1. Measuring a nation’s income;
2. Measuring the cost of living.

Part 9: The real economy in the long run;

1. Production and Growth;
2. Saving, investment, and the financial system;
3. The Basic Tools of finance;
4. Unemployment.

Part 10: Money and Prices in the long run;

1. The Monetary system;
2. Money Growth and inflation.

Part 11: The Macroeconomics of open economies;

1. Open-economy Macroeconomics: Basic concepts.

Part 12: A Macroeconomic Theory of the open economy.

1. Short-run economic fluctuations;
2. Aggregate Demand and Aggregate supply;
3. The influence of Monetary and fiscal Policy on Aggregate Demand;
4. The short-run Trade-off between inflation and Unemployment. Final Thoughts;
5. Six Debates over Macroeconomic Policy.

Citation

N. Gregory Mankiw,Principles of Economics, Cengage Learning, 2021

Collection

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