Macroeconomics (Hardcover)

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Editorial Reviews

Product Description

Balancing classical and Keynesian economics, this work uses the modern approach of presenting long-run analysis before short-run fluctuations, and covers the large open economy in depth. This edition includes a revised section that reflects the evolving nature of courses.

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 www.gregmankiw.blogspot.com. --This text refers to the Paperback edition.

Product Details

• Hardcover: 553 pages
• Publisher: W.H. Freeman & Company; 4th edition (July 1999)
• Language: English
• ISBN-10: 1572596449
• ISBN-13: 978-1572596443
• Product Dimensions: 10.5 x 8.2 x 1 inches
• Shipping Weight: 2.8 pounds
• Average Customer Review: 4.8 out of 5 stars  See all reviews (27 customer reviews)
• Amazon.com Sales Rank: #300,646 in Books (See Bestsellers in Books)

Customer Reviews

Most Helpful Customer Reviews

20 of 23 people found the following review helpful:

5.0 out of 5 stars Clear and Concise. The Best Textbook Ever!, June 19, 1999

By A Customer

This review is from: Macroeconomics (Hardcover)

This is easily one of the best textbooks I have ever read. Uncluttered and elegant, it keeps you focused on what's important. The long run macro section is simply unsurpassed, and a pleasure to read. However, the book's exceptional clarity also has the (perhaps intended) effect of exposing the weaknesses of Keynesian short run macroeconomics which is what is taught to most undergraduates, and which is what is covered in this book. Teaching Keynesian macroeconomics to undergraduates, especially at the level that it is usually taught (mindless, unintuitive curve pushing) is unpardonable. I think a better approach to short run macro would be the less popular, slightly harder, but in the end clearer and more accurate market-clearing approach of Barro's "Macroeconomics". That said, let me repeat again that Mankiw is a FABULOUS book, and quite simply the best book for the standard material covered in most undergraduate macroeconomics classes.

9 of 10 people found the following review helpful:

5.0 out of 5 stars Best textbook I have EVER read, March 24, 1999

By A Customer

This review is from: Macroeconomics (Hardcover)

I have read at least one hundred textbooks for my undergraduate and graduate courses and this book is the BEST text book I have ever read. In general, I never liked economics, but this book made me think, understand, and like economics. The true triumph of this book is its simplication. Instead of explaining the details of Macroeconomics (which most econ textbooks tries to do) the author brilliantly pulls the reader into thinking about economics in more detail than what the book presents. Makiew is not only a consummate economist, but he is a consummate writer as well.

4 of 4 people found the following review helpful:

5.0 out of 5 stars Extremely Well Done, March 11, 1999

By A Customer

This review is from: Principles of Macroeconomics (Paperback)

This book makes Economics extremely accessible -it was the first textbook I've ever encountered that was actually a "good read." Anyone taking an Intro Macroeconomics class should have a copy of this book (even if the course textbook is different). Extremely well written and clear.