Principles of Economics [Hardcover]

N. Gregory Mankiw (Author)

Book Description

Publication Date: September 29, 2008 | ISBN-10: 0324589972 | ISBN-13: 978-0324589979 | Edition: 5

PRINCIPLES OF ECONOMICS continues to be the most popular and widely used text in economics classrooms today. The fifth edition features a strong revision of content in all 36 chapters while maintaining the clear, accessible writing style and precise presentation that are the hallmark of this highly respected author. Dozens of new applications emphasize the real-world relevance of economics for today's students through interesting news articles, realistic case studies, and engaging problems. The new edition also features an expanded instructor's resource package designed to assist in course planning and classroom presentation, as well as full integration of content with Aplia. "I have tried to put myself in the position of someone seeing economics for the first time. My goal is to emphasize the material that students should and do find interesting about the study of the economy."--N. Gregory Mankiw.

Editorial Reviews

About the Author

N. Gregory Mankiw is Professor of Economics at Harvard University. He has taught macroeconomics, microeconomics, statistics, and principles of economics. Professor Mankiw is a prolific writer and a regular participant in academic and policy debates. His research includes work on price adjustment, consumer behavior, financial markets, monetary and fiscal policy, and economic growth. His published articles have appeared in academic journals such as the AMERICAN ECONOMIC REVIEW, JOURNAL OF POLITICAL ECONOMY, and QUARTERLY JOURNAL OF ECONOMICS and in more widely accessible forums including THE NEW YORK TIMES, THE WASHINGTON POST, THE WALL STREET JOURNAL, and FORTUNE. In addition to his teaching, research, and writing, Professor Mankiw has been a research associate of the National Bureau of Economic Research, an adviser to the Federal Reserve Bank of Boston and the Congressional Budget Office, and a member of the ETS test development committee for the advanced placement exam in economics. From 2003 to 2005, he served as chairman of the President's Council of Economic Advisers. In addition, he maintains a very popular blog for students of economics at http://www.gregmankiw.blogspot.com.

Product Details

• Hardcover: 904 pages
• Publisher: Cengage Learning; 5 edition (September 29, 2008)
• Language: English
• ISBN-10: 0324589972
• ISBN-13: 978-0324589979
• Product Dimensions: 1.4 x 8.4 x 9.8 inches
• Shipping Weight: 4.2 pounds (View shipping rates and policies)
• Average Customer Review: 4.3 out of 5 stars  See all reviews (37 customer reviews)
• Amazon Best Sellers Rank: #21,658 in Books (See Top 100 in Books)

More About the Author

N. Gregory Mankiw is Professor of Economics at Harvard University. As a student, he studied economics at Princeton University and MIT. As a teacher, he has taught macroeconomics, microeconomics, statistics, and principles of economics. He even spent one summer long ago as a sailing instructor on Long Beach Island.

Professor Mankiw is a prolific writer and a regular participant in academic and policy debates. His research includes work on price adjustment, consumer behavior, financial markets, monetary and fiscal policy, and economic growth. His published articles have appeared in academic journals, such as the "American Economic Review", "Journal of Political Economy", and "Quarterly Journal of Economics", and in more widely accessible forums, such as "The New York Times", "The Washington Post", "The Wall Street Journal", and "Fortune".

He has written two popular textbooks--the intermediate-level textbook Macroeconomics (Worth Publishers) and the introductory textbook Principles of Economics (South-Western/Thomson). Principles of Economics has sold over a million copies and has been translated into twenty languages.

In addition to his teaching, research, and writing, Professor Mankiw has been a research associate of the National Bureau of Economic Research, an adviser to the Federal Reserve Bank of Boston and the Congressional Budget Office, and a member of the ETS test development committee for the advanced placement exam in economics. From 2003 to 2005 he served as Chairman of the President's Council of Economic Advisers.

To view his blog: http://gregmankiw.blogspot.com/

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Most Helpful Customer Reviews

102 of 108 people found the following review helpful

5.0 out of 5 stars A beautiful introduction March 12, 2009

By Trevor Burnham VINE™ VOICE

Format:Hardcover

This was the textbook (in an earlier edition) that introduced me to economics back in high school. I decided to take the AP exam in the subject, even though my school offered no such course. Between this text and a test prep book, I was able to ace the exams; but more importantly, I was immersed in a subject so fascinating that I'm now studying it as a PhD student.

Throughout the book, Mankiw highlights differences in opinion between economists and "laymen," and to examine where those differences come from. For instance, rent ceilings are a popular policy that 93% of economists (as of a 1992 survey) say "reduce both the quantity and the quality of available housing." Mankiw explains why economists are so sure of this in compelling, intuitive terms, without demanding that students master calculus or statistical methods.

Interested students should also subscribe to Greg Mankiw's excellent blog to keep up with the latest news in the ever-evolving field of economics.

16 of 19 people found the following review helpful

4.0 out of 5 stars Wonderful book, teaching materials ok February 13, 2009

By econ prof

Format:Hardcover

This is a wonderful, wonderful book to introduce students to economics. The faculty materials are not quite as wonderful. We are on chapter 3 and one of my students found an error in a chapter on-line self quiz. I have found errors in the test bank and there are some ambiguous questions. The slides, however, match the high quality of the text.
Easily five stars except for the problems noted.

8 of 10 people found the following review helpful

4.0 out of 5 stars Content better than the paper it is on July 8, 2009

By Suze T.

Format:Hardcover|Amazon Verified Purchase

Mankiw's book is a great beginning text for econ, and I recommend it to you. I find the text highly understandable, the content well organized. The questions at the end of the chapters are great reviews of the content. I am an older student and greatly appreciate the thought that went into this book...but...

I got this a week before class started and chucked it into a corner after briefly opening the package to make sure the title was right. When I pulled it out for class I discovered a slash or rip in the flexible part of the cover that allows it to be turned. When highlighting pages, the ink seeped thru leaving noticeable marks on the reverse. For the price I paid, I could have purchased four foreign-made copies in paperback and gotten the same quality.