Macroeconomics / Edition 8

by N. Gregory Mankiw

Overview

Mankiw's masterful textbook earns its widespread acclaim by covering macroeconomics as accessibly and concisely as possible, in a way that emphasizes the relevance of both the field's classical roots and its current practice. While achieving the same guiding objectives as previous editions, the new Fourth Edition offers refined discussions of every topic and incorporates important new ideas, data, and events throughout. In addition, the supplements package now includes a new Macroeconomics Companion Web site, featuring the new web-based version of David Weill's MacroBytes.

Product Details

ISBN-13:	9781429240024
Publisher:	Worth Publishers
Publication date:	06/01/2012
Edition description:	Eighth Edition
Pages:	672
Product dimensions:	8.10(w) x 10.00(h) x 1.10(d)

About the Author

N. Gregory Mankiw is the Robert M. Beren Professor of Economics at Harvard University. He began his study of economics at Princeton University, where he received an A.B. in 1980. After earning a Ph.D. in economics from MIT, he began teaching at Harvard in 1985 and was promoted to full professor in 1987. At Harvard, he has taught both undergraduate and graduate courses in macroeconomics. He is also author of the best-selling introductory textbook Principles of Economics (Cengage Learning).

Professor Mankiw is a regular participant in academic and policy debates. His research ranges across macroeconomics and includes work on price adjustment, consumer behavior, financial markets, monetary and fiscal policy, and economic growth. In addition to his duties at Harvard, he has been a research associate of the National Bureau of Economic Research, a member of the Brookings Panel on Economic Activity, and an adviser to the Congressional Budget Office and the Federal Reserve Banks of Boston and New York. From 2003 to 2005 he was chairman of the President’s Council of Economic Advisers.

Professor Mankiw lives in Wellesley, Massachusetts, with his wife, Deborah; children, Catherine, Nicholas, and Peter; and their border terrier, Tobin.

Table of Contents

Media and Resources from Worth Publishers
Preface

Part I Introduction
Chapter 1 The Science of Macroeconomics
Chapter 2 The Data of Macroeconomics

Part II Classical Theory: The Economy in the Long Run
Chapter 3 National Income: Where It Comes From and Where It Goes
Chapter 4 The Monetary System: What It Is and How It Works
Chapter 5 Inflation: Its Causes, Effects, and Social Costs
Chapter 6 The Open Economy
Chapter 7 Unemployment and the Labor Market

Part III Growth Theory: The Economy in the Very Long Run
Chapter 8 Capital Accumulation as a Source of Growth
Chapter 9 Population Growth and Technological Progress
Chapter 10 Growth Empirics and Policy

Part IV Business Cycle Theory: The Economy in the Short Run
Chapter 11 Introduction to Economic Fluctuations
Chapter 12 Aggregate Demand I: Building the IS–LM Model
Chapter 13 Aggregate Demand II: Applying the IS–LM Model
Chapter 14 The Open Economy Revisited: The Mundell–Fleming Model and the Exchange-Rate Regime
Chapter 15 Aggregate Supply and the Short-Run Tradeoff Between Inflation and Unemployment

Part V Topics in Macroeconomic Theory and Policy
Chapter 16 A Dynamic Model of Economic Fluctuations
Chapter 17 Alternative Perspectives on Stabilization Policy
Chapter 18 Government Debt and Budget Deficits
Chapter 19 The Financial System: Opportunities and Dangers
Chapter 20 The Microfoundations of Consumption and Investment

Epilogue What We Know, What We Don’t

Glossary
Index

Editorial Reviews

I've not seriously considered other texts since adopting Mankiw. I have looked at more advanced texts that use calculus, but have decided they are not as accessible for the student population that I teach.”
Robert Murphy, Boston College

“The text is engaging, well-written, up-to-date, and provides the most important recent developments in macroeconomics. It emphasizes real world examples and covers new and expanding economic development. It provides new material and examples that are rigorous enough to meet the challenge yet approachable enough to foster the excitement.”
Lian An, University of North Florida

“My students experience the links between economic theory, model building, applications, and econometrics based on the way they learn economics through Mankiw's text...It is the solid foundation they get from their experience with Mankiw's Intermediate Macro book that enables them to continue applying and learning well after the final exam.”
Meghan Millea, Mississippi State University

From the Publisher