- Series: Mankiw's Principles of Economics
- Hardcover: 880 pages
- Publisher: South-Western College Pub; 7th edition (2014)
- Language: English
- ISBN-10: 128516587X
- ISBN-13: 978-1285165875
- Product Dimensions: 8 x 1.5 x 10.5 inches
- Shipping Weight: 4 pounds (View shipping rates and policies)
- Average Customer Review: 253 customer reviews
- Amazon Best Sellers Rank: #24,406 in Books (See Top 100 in Books)
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Principles of Economics, 7th Edition (Mankiw's Principles of Economics) 7th Edition
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"One of the reasons why we adopted the Mankiw text was because of its relevant concepts that students could really relate to. I would say to continue with this trend, and also be sure to use examples that relate to the current economic conditions that make sense to a beginner economics student."
"I have used Mankiw for several years, across at least 3 or 4 of its editions. I like the writing in the book--it's clear and exposits the ideas effectively. It covers topics that I want to cover, mostly in the order that I like to cover them. It's at the appropriate level for our students--not too difficult but not superficial either. I also like the fact that this book is very closely integrated with the Aplia system, which I believe is an important learning tool."
"Very student friendly text. Makes economics easy to understand. Some of the other texts would take a lot of reading to explain an idea."
About the Author
N. Gregory Mankiw is Robert M. Beren Professor of Economics at Harvard University. He studied economics at Princeton University and MIT. Dr. 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. Dr. 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.
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If I want to break the review down to the two main parts of the book, I would give 4.5 stars to the micro part and 3 stars to the macro part. However, I am not aware of any good book on macroeconomics. I think most authors (or maybe all of them) just don't have a deep understanding of macroeconomics. Albert Einstein once said "if you can't explain an idea to a 6-year-old, then you don't understand that idea."
So, given the lack of better books, I would recommend this one as your starting point in economics.
Most recent customer reviews
That is not a marginal cost formula!
I called customer service about this issue but they just hang up and told me to talk to my professor.Read more