Principles of Economics 2nd Edition

by N. Gregory Mankiw (Author)

13 customer reviews

ISBN-13: 978-0030259517

ISBN-10: 0030259517

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In writing this textbook, Mankiw has tried to put himself in the position of someone seeing economics for the first time. The author's conversational writing style is superb for presenting the politics and science of economic theories to tomorrow's decision-makers. Because Mankiw wrote it for the students, the book stands out among all other principle texts by intriguing students to apply an economic way of thinking in their daily lives. Receiving such a praise as "perhaps the best ever" textbook in economic principles, it's no wonder Mankiw's prize project has quickly become one of the most successful books ever to be published in the college marketplace.

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Product Details

Hardcover: 888 pages
Publisher: Cengage Learning; 2nd edition (June 9, 2000)
Language: English
ISBN-10: 0030259517
ISBN-13: 978-0030259517
Product Dimensions: 1.2 x 8.8 x 10.2 inches
Shipping Weight: 4.1 pounds
Average Customer Review: 4.0 out of 5 stars See all reviews (13 customer reviews)
Amazon Best Sellers Rank: #1,127,668 in Books (See Top 100 in Books)
- #2814 in Books > Business & Money > Biography & History > Economic History
- #6971 in Books > Textbooks > Business & Finance > Economics
- #17589 in Books > Education & Teaching > Schools & Teaching > Instruction Methods

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Top Customer Reviews

I wish all professors can teach as good as Mankiw does

ByA customeron December 28, 2002

Format: Hardcover

I totally absolutely agree with the opinions of [other reviewers]. I am a student from Norway, and with limited Macroeconomics books available in Norwegian, we have to chew the most incomprehensible Macroeconomics book written by our own professor. He teaches at our college so we have no other choice than using the Macroeconomics book he wrote. Students say there is a book mafia system at our school, meaning we only use the books written by our lecturers whether the books are well written or not.
Lucky enough, the professor who wrote the most incomprehensible Macroeconomics book at my college also recommended us to read Mankiw's book and even claimed that this was the best Macroeconomics book ever written...even though, he said, it was at a slightly lower level than what he taught us. What he means by "at a slightly lower level" is probably due to the fact that our professor chokes the students with so much incomprehensible math and so many formulas which we do not understand and do not know how to relate to the real world unless we take Ph.D degree in Economics, whereas Mankiw refrains from doing so and instead gives us a passion to learn Economics and a critical mind to explore Economics issues further .
Last semester, I finally ended up reading Mankiw's book for pleasure, knowledge, and understanding, and dropped my Macroeconomics course with the incomprehensible professor and his equally incomprehensible book. I do not want to take a course which I do not understand and which I am implicitly forced to answer the exam questions in the style my Macroeconomics teacher wants. Yes, I do lack a credit and a grade in Macroeconomics, but I do possess a much better understanding than my classmates who just memorize rawly our Macroeconomics professor's way of answering. If our professor used Mankiw's book instead of his own book, he would certainly produce much better students who possessed excellent understanding in Economics and passion to study this wonderful subject.
Students must pay a hefty price when they end up with a professor who cannot teach and write. I wish we had more choices.

11 comment 15 people found this helpful. Was this review helpful to you?YesNo

A must for beginners

ByN. Mozahemon April 4, 2010

Format: Hardcover

I cannot say that I have read too many economics textbooks, but I think that it would be pretty hard to find one that is better than this. This textbook is for the absolute beginner. No prior knowledge of economics is needed. The author starts from scratch and works his way up without assuming anything about the reader's knowledge. What's even more important is that this book is fun to read. This is one of those books that you actually find yourself reading to know more. Suddenly when you reach the end of the book you will be surprised at how easy and fun economics can be and this would encourage you to move on to heavier stuff. I used this book as a self-study guide and had no problems. The best textbooks are those that deliver the message by themselves, and this certainly applies to "The Principles of Economics".

0Comment One person found this helpful. Was this review helpful to you?YesNo

Clear, Simple, and Useful

ByE. E. H.on March 22, 2002

Format: Hardcover

I read the first edition of this book on the trains to/from work, skipping the Questions and Problems in the end of the chapters. Extremely readble, this book is most relevant to daily life. Maybe it's simple, but consider quantum mechanics and general physics. Quantum mechanics is a whole lot more complicated than general physics, but we donot use quantum mechanics in daily life. One clearly understood idea is worth more than 1000 ideas we donot really comprehend. This book explains the basic ideas in economics in the most clearly way. Reading 2 less excellent books is not a good subtitute of reading 1 truly excellent one. (Discussing Jim Carrey's earning, the author writes, "If Jim Carrey is the funnest actor around, then everyone will want to see his next movie; seeing twice as many movies by an actor half as funny is not a good substitute.") This explains why Jim got ...[many millions] in 1995, and also why the author was prepaid ...[millions] for this textbook.

0Comment 3 people found this helpful. Was this review helpful to you?YesNo

Good Text

ByKurt Pravelon February 11, 2013

Format: HardcoverVerified Purchase

I needed this for an economics class, and to that end it does a good job describing the basic principles that drive an economy. Good definitions, good descriptions.

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Paragon of clarity

ByNed Ryersonon November 20, 2011

Format: Hardcover

According to Greg Mankiw's own page on blogspot, this book is THE best pathway to economics. A little presumptuous, isn't it, in the face of Smith, Keynes, and Friedman?

Well, Mr. Mankiw is right. I cannot think of a better beginner's book. I cannot IMAGINE one. I don't even care too much about the (slight) political inclinations in this book. OK, some 70 or so wall-street-occupier-minded (and I am sure somehow well-informed) students of Professor Mankiw's class of 700 at Harvard chose to disagree by quitting his class. Before they finished his course, and presumably, before they finished his book. Smart people, I am sure.

It is CLEAR what Mr. Mankiw wants to say in this book - crystal clear. What he has to say is LOGICAL. And that is good enough for me.

The book makes every concept so SIMPLE and so easy to understand. If you want to teach yourself economics, use this book. At many hundred pages, the book appears intimidating. But the book is so CLEARLY written, reading it is actually ENJOYABLE.

Disclaimer - I took college economics some years ago with a different textbook, and am reading this as a reminder and perhaps more for pleasure.

What? Reading a textbook for pleasure? Yup. You got the idea. Do yourself a favor.

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A Very Good Book

ByA customeron January 19, 2002

Format: Hardcover

I took an economics class as an elective my first semester of college and had this book. It was a brilliantly written book and really stimulates thought on economics even way after the class is over.

0Comment 3 people found this helpful. Was this review helpful to you?YesNo

Very clear book

ByE. Shlimovichon June 8, 2003

Format: HardcoverVerified Purchase

This book made learning basic economics very easy, and the examples and graphs are very clearly explained. A great book especially if you have a bad/incoherent professor.

0Comment One person found this helpful. Was this review helpful to you?YesNo

Economics never were easier!

ByFabio Rodriguezon August 14, 2002

Format: Hardcover

It's a great book, very simple to understand and excellent explanations. A brilliant book by a brilliant economist! I 100% recomend it.

0Comment 2 people found this helpful. Was this review helpful to you?YesNo

Most Recent Customer Reviews

Great--if you are a rich capitalist

Don't buy this book if you do not have to for a class. I did. As with most textbooks, it is a ripoff. Mankiw got a 1.4 million - MILLION - dollar advance for it.Read more

Published on August 25, 2004 by A. Ofsevit

Decent review of basic economics

This book is a good selection for those middle-aged, former students such as myself who wish to refresh their knowledge of the very important subject of economics.Read more

Published on November 5, 2002

Generally a fine introductory text

Like some other reviewers, I bought this as a "refresher course", since I graduated college (majoring in economics!Read more

Published on October 24, 2002

Very Disappointing

I recently purchased Mankiw's Principles of Economics 2nd ed. for my own study. It seems a fine book but it does not begin at the beginning.Read more

Published on April 13, 2002 by Allan King

This isn't your father's Economics textbook!

Recently I wanted to brush up on some Economics, so I purchased this book. The book is extremely reader friendly and the economic principles are clearly explained.

Published on February 13, 2001

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Principles of Economics 2nd Edition

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