10th edition. — Cengage Learning, 2024. — 580 p. — ISBN: 978-0-357-72316-6.
Using a concise, inviting writing style, this edition focuses exclusively on content to help you better understand the world and economy in which you live. You become a more astute participant in today's economy as you learn the potential and limits of essential economic policy. The latest examples and learning features clarify and bring key economic principles to life as author Gregory Mankiw puts himself in the position of someone seeing economics for the first time. Dr. Mankiw's goal is to emphasize the material you will find most relevant and interesting as you study economics. MindTap digital resources, Aplia digital homework solution and author videos are also available to help you further master essential economic principles.
Ten Principles of Economics.
Thinking Like an Economist.
Interdependence and the Gains from Trade.
How Markets WorkThe Market Forces of Supply and Demand.
Elasticity and Its Application.
Supply, Demand, and Government Policies.
Markets and WelfareConsumers, Producers, and the Efficiency of Markets.
Application: The Costs of Taxation.
Application: International Trade.
The Economics of the Public SectorExternalities.
Public Goods and Common Resources.
Firm Behavior and the Organization of IndustryThe Costs of Production.
Firms in Competitive Markets.
Monopoly.
The Data of MacroeconomicsMeasuring a Nation’s Income.
Measuring the Cost of Living.
The Real Economy in the Long RunProduction and Growth.
Saving, Investment, and the Financial System.
The Basic Tools of Finance.
Unemployment.
Money and Prices in the Long RunThe Monetary System.
Money Growth and Inflation.
Short-Run Economic FluctuationsAggregate Demand and Aggregate Supply.
The Influence of Monetary and Fiscal Policy on Aggregate Demand.