Brief Principles of Macroeconomics » (5th Edition)

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 including 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. In addition, he maintains a very popular blog for students of economics at www.gregmankiw.blogspot.com.

Mankiw's Principles of Economics textbooks continue to be the most popular and widely used text in the economics classroom. BRIEF PRINCIPLES OF MACROECONOMICS, 4th Edition features a strong revision of content in all 18 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 4th edition. 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."

PART I. INTRODUCTION. 1. Ten Principles of Economics. 2. Thinking Like an Economist. 3. Interdependence and the Gains from Trade. PART II. SUPPLY AND DEMAND I: HOW MARKETS WORK. 4. The Market Forces of Supply and Demand. PART III. THE DATA OF MACROECONOMICS. 5. Measuring a Nation's Income. 6. Measuring the Cost of Living. PART IV. THE REAL ECONOMY IN THE LONG RUN. 7. Production and Growth. 8. Saving, Investment, and the Financial System. 9. The Basic Tools of Finance. 10. Unemployment and Its Natural Rate. PART V. MONEY AND PRICES IN THE LONG RUN. 11. The Monetary System. 12. Money Growth and Inflation. PART VI. THE MACROECONOMICS OF OPEN ECONOMIES. 13. Open-Economy Macroeconomics: Basic Concepts. 14. A Macroeconomic Theory of the Open Economy. PART VII. SHORT-RUN ECONOMIC FLUCTUATIONS. 15. Aggregate Demand and Aggregate Supply. 16. The Influence of Monetary and Fiscal Policy on Aggregate Demand. 17. The Short-Run Tradeoff between Inflation and Unemployment. PART XIII. FINAL THOUGHTS. 18. Five Debates over Macroeconomic Policy.