Principles of Economics 9th Edition

eBook Description

Dive into the world of economics with the widely acclaimed Principles of Economics 9th Edition ISBN-13: 9780357038314 by N. Gregory Mankiw. This definitive guide simplifies complex economic concepts, presenting them in an engaging and approachable manner. Whether you’re a college student, educator, or economics enthusiast, this book offers valuable insights into how economies function and how policy shapes everyday life.

Updated with the latest trends and real-world examples, this edition bridges theoretical principles with practical applications, making it an essential resource for mastering economics.

Key Features

• Student-Friendly Approach: Written in clear, engaging language for learners at all levels.
• Comprehensive Coverage: Includes both microeconomics and macroeconomics topics.
• Real-World Examples: Illustrates economic principles with relatable, up-to-date scenarios.
• Critical Thinking Focus: Encourages readers to think like economists by applying key concepts to real-life issues.

What You’ll Learn

• Fundamental principles of economics and their role in decision-making.
• The dynamics of supply and demand in various market structures.
• How fiscal and monetary policies influence economies.
• Key macroeconomic indicators like GDP, inflation, and unemployment.
• Insights into international trade and market interactions.

Table of Contents

Part I: INTRODUCTION

1. Ten Principles of Economics

2. Thinking Like an Economist

3. Interdependence and the Gains from Trade

Part II: HOW MARKETS WORK

4. The Market Forces of Supply and Demand

5. Elasticity and Its Application

6. Supply, Demand, and Government Policies

Part III: MARKETS AND WELFARE

7. Consumers, Producers, and the Efficiency of Markets

8. Applications: The Costs of Taxation

9. Application: International Trade

Part IV: THE ECONOMICS OF THE PUBLIC SECTOR

10. Externalities

11. Public Goods and Common Resources

12. The Design of the Tax System

Part V: FIRM BEHAVIOR AND THE ORGANIZATION OF INDUSTRY

13. The Costs of Production

14. Firms in Competitive Markets

15. Monopoly

16. Monopolistic Competition

17. Oligopoly

Part VI: THE ECONOMICS OF THE LABOR MARKET

18. The Markets for the Factors of Production

19. Earnings and Discrimination

20. Income Inequality and Poverty

Part VII: TOPICS FOR FURTHER STUDY

21. The Theory of Consumer Choice

22. Frontiers in Microeconomics

Part VIII: THE DATA OF MACROECONOMICS

23. Measuring a Nation’s Income

24. Measuring the Cost of Living

Part IX: THE REAL ECONOMY IN THE LONG RUN

25. Production and Growth

26. Saving, Investment, and the Financial System

27. Tools of Finance

28. Unemployment and Its Natural Rate

Part X: MONEY AND PRICES IN THE LONG RUN

29. The Monetary System

30. Money Growth and Inflation

Part XI: THE MACROECONOMICS OF OPEN ECONOMICS

31. Open-Economy Macroeconomics: Basic Concepts

32. A Macroeconomic Theory of the Open Economy

Part XII: SHORT-RUN ECONOMIC FLUCTUATIONS

33. Aggregate Demand and Aggregate Supply

34. The Influence of Monetary and Fiscal Policy on Aggregate Demand

35. The Short-Run Tradeoff Between Inflation and Unemployment

Part XIII: FINAL THOUGHTS

36. Six Debates over Macroeconomic Policy

Why Choose This eBook?

• Comprehensive yet accessible content suitable for learners at all levels.
• Trusted by educators and students worldwide for its clarity and relevance.
• Ideal for preparing for economics exams and enhancing career knowledge.
• Digital format ensures portability and easy access on any device.