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Principles of Economics Hardcover – September 29, 2008

ISBN-13: 978-0324589979 ISBN-10: 0324589972 Edition: 5th

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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: 4.2 out of 5 stars  See all reviews (46 customer reviews)
  • Amazon Best Sellers Rank: #21,452 in Books (See Top 100 in Books)

Editorial Reviews

About the Author

N. Gregory Mankiw is Robert M. Beren Professor of Economics and Chair of the Department of Economics at Harvard University. He studied economics at Princeton University and MIT. 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.

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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Customer Reviews

I very much enjoyed reading Professor Mankiw's book.
Alaove
The book came in earlier than it said which was great because I really needed it for my class, and the condition is amazing, it looks brand new!
KYM
It gives good examples for understanding and the chapters aren't too long!
Farquey Domest

Most Helpful Customer Reviews

103 of 109 people found the following review helpful By Trevor Burnham VINE VOICE on March 12, 2009
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.
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16 of 19 people found the following review helpful By econ prof on February 13, 2009
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.
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8 of 10 people found the following review helpful By J. Rowley on May 30, 2009
Format: Hardcover
I was not very excited to take an Economics class, but to tell the truth, I really enjoyed reading and studying from this book. I think it is well written and interesting.
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3 of 3 people found the following review helpful By Alaove on March 16, 2011
Format: Hardcover
I very much enjoyed reading Professor Mankiw's book. He has an excellent and simple writing style that makes the information flow smoothly to your brain. If this is your first encounter with Economics don't search anywhere else, just grab this book as it will clarify all the concepts in a way no other introductory book can match. I hope that one day Prof. Mankiw will think about writing more advanced (Master/PhD level) Micro/Macro books.
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2 of 2 people found the following review helpful By MrButter on July 18, 2011
Format: Hardcover Verified Purchase
Mankiw's "Principles of Economics" was incredibly enjoyable to read. His writing is both pithy and conversational. I honestly looked forward to reading each chapter of "Principles of Economics" (this is coming from a sixteen year-old who used it to self study AP Macroeconomics and AP Microeconomics). I fully attribute both of my 5's to Mankiw, and I totally recommend this to anyone, be it someone who's simply interested in economics or a student who needs to ace his econ course.
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2 of 2 people found the following review helpful By P. Johnson on August 19, 2009
Format: Hardcover
I like teaching with this book. My students find it very clear. But the bundled instructor materials are poor.
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8 of 11 people found the following review helpful By readzabit on July 8, 2009
Format: Hardcover 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.
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1 of 1 people found the following review helpful By Farquey Domest on February 1, 2011
Format: Hardcover Verified Purchase
I've never done much with economics before, and this book has helped me to appreciate the dynamics of economics more. It gives good examples for understanding and the chapters aren't too long! Good book.
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