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Macroeconomics 7th Edition

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N. Gregory Mankiw (Author)
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N. Gregory Mankiw (Author)
4.2 out of 5 stars 39 customer reviews
ISBN-13: 978-1429218870
ISBN-10: 1429218878
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Product Details

  • Hardcover: 608 pages
  • Publisher: Worth Publishers; 7 edition (March 29, 2010)
  • Language: English
  • ISBN-10: 1429218878
  • ISBN-13: 978-1429218870
  • Product Dimensions: 8.3 x 1 x 10.4 inches
  • Shipping Weight: 2.8 pounds (View shipping rates and policies)
  • Average Customer Review: 4.2 out of 5 stars  See all reviews (39 customer reviews)
  • Amazon Best Sellers Rank: #243,624 in Books (See Top 100 in Books)

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Customer Reviews

Top Customer Reviews

5.0 out of 5 starscan I shed some light?
By Caraculiambro on December 19, 2009
Format: Hardcover
If you're confused about all of Dr. Mankiw's different macroeconomics texts floating about out there, lemme try to set you straight.

The one you see on this page: "Macroeconomics" is usually used in 2nd or 3rd year macroeconomics courses in college. This is because the exercises at the end of each chapter can be a little equation-intensive, and some of the exercises, such as the proper derivation of the IS-LM curve, require differentiation. The text of each chapter itself is not so vicious, so a energetic instructor could conceivably use this book in a lower-level course, if you were willing replace the book's exercises with easier ones.

Anyhow, the seventh edition has just come out: this has a bluish abstract geometric-type design on a tan background. The ISBN-13 is 9781429238120. The sixth edition had a blue cover; the fifth edition had an orange cover. The publisher, Palgrave-MacMillan, claims that the seventh edition balances "short-run and long-run issues in a way that emphasizes the relevance of Keynesian and classical ideas to current practice. Featuring the latest data and extensive coverage of the current financial crisis, the text has also been revised with the addition of new case studies on real-world issues such as President Obama's stimulus plan and a study of hyperinflation in Zimbabwe."

Mankiw is also well-known as the author of "Principles of Macroeconomics," currently in its fifth edition (ISBN-10: 0324589972; ISBN-13: 978-0324589979), at least as of my writing. This text is more appropriate for freshman-level, non-major survey courses, or for high-school courses provided that they're honors courses, such as AP courses. The exercises at the end of each chapter require only arithmetic and the most rudimentary algebra.Read more ›
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3.0 out of 5 starsReadable if one ignores the fluff
By Kamel on April 12, 2013
Format: Hardcover Verified Purchase
Economics is called the dismal science for a reason. Students are often frustrated with the theoretical nature of the subject as well as the daunting graphs and equations you are required to memorize, with no clear real world application to motivate the concepts. Mankiw tries to motivate the study of macroeconomic models through the use of numerous 'case studies', examples from history which can be explained by the models. While the idea is commendable and perhaps pedagogically sound, the execution was absolutely terrible. Numerous case studies were oversimplified so that they could fit the model as opposed to the model fitting them, which gives students a false sense of belief that the models are extremely powerful and accurate, and not enough is done to highlight the obvious limitations of the model. Furthermore, I have to agree with the other reviewers; there were simply too many case studies. Too many times the concepts Mankiw is attempting to teach gets lost as he piles numerous case studies into each chapter. It feels more like a textbook on economic history rather than a book for intermediate macroeconomic theory.

EDIT: After spending more time with this book I am bumping up my rating by 1-star. This book is quite good, but one has to know how to navigate it in order to obtain the best utility. My advice is to skip over all the case studies when you are reading to ensure that you do not get confused. Focus on the concept and ignore all the fluff.
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5.0 out of 5 starsVery good textbook
By Ken Pham on December 1, 2012
Format: Hardcover Verified Purchase
The concepts are straightforward. I love all the interesting "side-stories" in this book; they are all highly interesting perspective on macro economics: US Great Depression, Asian Financial Crisis, Bush Tax Cut, European after WWII economic development, etc

One down-side of this textbook tho is the math proofs: it's really short, the author put the additional notes at the bottom of the page but it's still not quite enough.
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5.0 out of 5 starscan I shed some light?
By Caraculiambro on December 16, 2009
Format: Paperback
If you're confused about all of Dr. Mankiw's different macroeconomics texts floating about out there, lemme try to set you straight.

The one you see on this page: "Macroeconomics" is usually used in 2nd or 3rd year macroeconomics courses in college. This is because the exercises at the end of each chapter can be a little equation-intensive, and some of the exercises, such as the proper derivation of the IS-LM curve, require differentiation. The text of each chapter itself is not so vicious, so a energetic instructor could conceivably use this book in a lower-level course, if you were willing replace the book's exercises with easier ones.

Anyhow, the seventh edition has just come out: this has a bluish abstract geometric-type design on a tan background. The ISBN-13 is 9781429238120. The sixth edition had a blue cover; the fifth edition had an orange cover. The publisher, Palgrave-MacMillan, claims that the seventh edition balances "short-run and long-run issues in a way that emphasizes the relevance of Keynesian and classical ideas to current practice. Featuring the latest data and extensive coverage of the current financial crisis, the text has also been revised with the addition of new case studies on real-world issues such as President Obama's stimulus plan and a study of hyperinflation in Zimbabwe."

Mankiw is also well-known as the author of "Principles of Macroeconomics," currently in its fifth edition (ISBN-10: 0324589972; ISBN-13: 978-0324589979), at least as of my writing. This text is more appropriate for freshman-level, non-major survey courses, or for high-school courses provided that they're honors courses, such as AP courses. The exercises at the end of each chapter require only arithmetic and the most rudimentary algebra.Read more ›
Comment 8 people found this helpful. Was this review helpful to you? Yes No Sending feedback...
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