Principles of Economics, 4th Edition (Student Edition) by N Gregory Mankiw

Product Description

PRINCIPLES OF ECONOMICS continues to be the most popular and widely used text in the Economics classroom. The 4th edition features a strong revision of content in all 36 chapters while maintaining the clear and accessible writing style that is the hallmark of the highly respected author. The 4th edition also features an expanded instructor's resource package designed to assist instructors in course planning and classroom presentation and full integration of content with Aplia, the leading online Economics education program. In the 4th edition Greg Mankiw has created a full educational program for students and instructors -- Experience Mankiw 4e. "I have tried to put myself in the position of someone seeing economics for the first time. My goal is to emphasize the material that students should and do find interesting about the study of the economy." - N. Gregory Mankiw.
Product Details
Amazon Sales Rank: #44154 in Books
Published on: 2006-02-15
Number of items: 1
Binding: Hardcover
936 pages
Editorial Reviews

Review
"The book’s strengths include its ability to explain in plain language the beauty of economic theory; the concise manner in which real world examples are integrated into the text; and, the online assistance that does an effective job in complementing the text."

"I think that the greatest strengths are that it is clear (written in a student-friendly language), relatively concise, and provides a good coverage of what I think students need to know about principles of economics. I think that the style of the text is personable and is easy for students to read without being condescending. In terms of the coverage, as I noted above, we cover the entire text in my one-semester class, and cover just about exactly the entire text – no more, and only a little (two chapters) less."

"I find navigation process very simple. I am very impressed with Meet your tutor – Master the Learning Objectives section (that is so well planned out and organized). If students are having problems with any of the material and they’re serious about being successful in this class, it is impossible for them not to understand the material after doing suggested activities in this section. "Ask the Author" video clips are interesting and clever. "Economic Applications" section also has good navigation system and can be useful for teachers and students both."

About the Author
N. Gregory Mankiw is Professor of Economics at Harvard University. He has taught macroeconomics, microeconomics, statistics, and principles of economics. Professor Mankiw is a prolific writer and a regular participant in academic and policy debates. His research includes work on price adjustment, consumer behavior, financial markets, monetary and fiscal policy, and economic growth. His published articles have appeared in academic journals, such as the American Economic Review, Journal of Political Economy, and Quarterly Journal of Economics, and in more widely accessible forums, such as The New York Times, The Washington Post, The Wall Street Journal, and Fortune. In addition to his teaching, research, and writing, Professor Mankiw has been a research associate of the National Bureau of Economic Research, an adviser to the Federal Reserve Bank of Boston and the Congressional Budget Office, and a member of the ETS test development committee for the advanced placement exam in economics. From 2003 to 2005 he served as Chairman of the President's Council of Economic Advisers.
Customer Reviews

Not my best pick for an Economics book but it was required
Economics is a necessary part of business and for people to just plain understand how money and supply and demand work.Whoever said Economics was fun is plain wrong. While this was required reading for college I did find the information difficult to understand, but I am no economics major either.

Good Introduction
This is one of the better books I have seen in economics. It is an excellent introduction to the field. It is comprehensive with very useful case studies from the real world.

If I want to break the review down to the two main parts of the book, I would give 4.5 stars to the micro part and 3 stars to the macro part. However, I am not aware of any good book on macroeconomics. I think most authors (or maybe all of them) just don't have a deep understanding of macroeconomics. Albert Einstein once said "if you can't explain an idea to a 6-year-old, then you don't understand that idea."

So, given the lack of better books, I would recommend this one as your starting point in economics.


Microeconomics
This book, despite all its charts, diagrams and those algebra/calculus-looking formulas, which apparently is what economics supply/demand is all about, was easy to read, broken up well, and kept my interest despite this being for a class that was a necessity for my degree program. It was clear and you could apply what you learn from it in basic/general terms and concepts, or really get into tne nitty-gritty technicalities of the economic system if that's your thing!