Principles of Microeconomics. The first line of every edition of our book has been “The study of economics should begin with a sense of wonder.” We hope that readers come away from our book with a basic understanding of how market economies function, an appreciation for the things they do well, and a sense of the things they do poorly. Mankiw's popular PRINCIPLES OF MICROECONOMICS is the most widely used resource of its kind in economics classrooms worldwide, covering only the most important principles to avoid overwhelming students with excessive detail. Extensive updates in the eighth edition feature relevant, meaningful examples. Principles of Microeconomics, 7th Edition PDF Download, By N. Gregory Mankiw, ISBN: 128516590X, Economics is a study of mankind in the ordinary business. Free ebook download AAzea is the biggest community for free ebook download, audio books, tutorials download, with format pdf, epub, mobi,and more.
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Preview — Principles of Microeconomics by N. Gregory Mankiw
Mankiw's Principles of Economics textbooks continue to be the most popular and widely used text in the economics classroom. PRINCIPLES OF MICROECONOMICS, 4th Edition features a strong revision of content in all 22 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...more
Published January 27th 2006 by South Western Educational Publishing (first published July 28th 1997)
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Emtiaz Hossain HritanNo...this book has nothing about entrepreneurship or running a business.This book is for entry level economics students.Thank you.
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I strongly prefer this argument that academic writing is really difficult. You don't have the creative freedom to do something new. In the case of economics, it is more restricted.
However, you can simplify things and present them to the readers. And Prof Mankiw has done the same. His language is lucid and pretty easy that can be understood by any student. It starts from basic and provides us with lots of information and goes in-depth analysis of a certain topic as well. The section For Your Inf...more
Dec 01, 2017Ali rated it liked it · review of another edition
First 22 chapters of Mankiw's Principles of Economics contains this book. I couldn't find any reliable information about differences of these two books when choosing which one to read so I felt obligated to share it.
Nov 11, 2012Cameron rated it it was amazing
FANTASTIC Text Book. Mankiw explanes principles in an incredible way. Reading this book gives the reader the lexicon and understanding needed to proceed in additional economic reading and a framework to develop strong articulate opinions on economic outcomes.
Everyone should read an economics textbook and this is a good one.
Most of the big concepts are simple to understand but incredibly powerful. Things like opportunity cost, comparative advantage, importance of incentives, dead weight loss, etc. they can help you understand how we might fix some of the big problems in both society and within our own lives.
This is not exciting reading but I think it’s important reading.
May 24, 2009Christina rated it really liked it · review of another edition
While Principles of Microeconomics is still as easy to read as Principles of Macroeconomics, there's a lot of copying and pasting from one book to another for the first eight chapters. This textbook also skims a lot of important topics and is very, very heavy on the laissez-faire free market belief when Microeconomics is supposed to be exploring other types of markets and regulating markets.
Jan 07, 2019Bookreadingnarcissist rated it really liked it · review of another edition
The author does a fine job of laying out each topic and new idea in a succinct and understandable way. I enjoyed how he didn't insert his opinion into the discussion, but rather stuck with the facts, reason, and evidence. My only problem with it is that he sometimes repeats himself, and it gets annoying. I'd recommend this book to anyone interested in studying economics at the introductory level.
4/5
Feb 04, 2019Julian Jawad Ahmad rated it liked it
This is basically a textbook, which I read in a University course, Introduction to Microeconomics. It has explained the concepts with plenty of real-life situations, examples--easy to relate--which helps and make it more easy to read. Adequate numbers of mathematical problems are included to understand the topic. The course was an easy one, so I give credit to the book.
with all it's complex features, our economical system will always dazzle us all. with this book at hand you surely are prepared and ready to tackle all the misconceptions and biased opinions when look at economy's phenomenons. an undergradute go to.
Extremely clear, anecdotal explanation of Economics. Makes very distant concepts tangible to the unexposed first year college student.
Oct 01, 2017Emtiaz Hossain Hritan rated it it was amazing
Amazing Book for the beginners....I have never read a such simple book.
Excellent textbook! Has everything you need and nothing you don't need. Teaches the material in a very easy to understand way. Got 95% in my econ class because of it!
Jun 18, 2018Christina Mcneice rated it really liked it · review of another edition
Good for the class, basically just read the book and aced the class.
A really great book! After reading it, you'll understand better how society works from an economic perspective.
Oct 04, 2016Lexivore Hudon rated it really liked it · review of another edition
Pretty good book. My professor used it to present the information in a way I understood.
Dec 31, 2015Adam rated it really liked it · review of another edition
This is a pretty readable book covering a lot of the major topics, but I still didn't particularly enjoy it because it is intended to be a first-year course in Microeconomics and seems to leave out any Calculus-based analysis and many other topics that I consider to be core Microeconomic concepts like production and labor, and more elaborate studies in Game Theory. I suppose such a course is acceptable for students who cannot handle difficult subjects, like business majors. And so I still gave i...more
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Jan 02, 2016John Borthwick rated it it was amazing · review of another edition
This was one of the text books I had to read for an 'Economics for Public Finance' in my policy program. I took macro in undergrad and read some text books on my own on economics thereafter so that is what I have to compare Mankiw to. This book deserves a review and 5 star rating because, while it's still just a general economic concept text book, it does its job incredibly well. Mankiw's style is extremely clear and he does a much better job than other text books in making the conceptual both e...more
Jun 13, 2007John rated it it was ok
Lays on the laissez-faire free market stuff very very thick. Mankiw makes some fairly basic fallacies of equation (e.g. his ideas on net job gains from breakdown of trade barriers fail to differentiate between types of jobs -- such as programming vs. Wal-Mart checkout clerk) but generally a decent economics book that nicely explain why many commonly held economic beliefs are uninformed knee-jerk mistakes.
Sep 09, 2012Heather Leung rated it liked it
This book was assigned to me by my college now class .
But I must say, for a textbook, this was actually not a bad read.
The language was not extra serious and it gave many examples that helped me understand different concepts because it was easy to relate too.
I think this would be my favorite textbook I ever read .
Sep 22, 2009Judith rated it liked it · review of another edition
I had access to an online version through Aplia and I read that too. The writing style is excellent and the layouts are nice, but I would have liked the formulas to be explained better. I had to review other books and ask friends for help on early homework probs. So if it's been a few years (or ahem, ten) since you've done algebra or calculus, get yourself a companion guide.
May 28, 2018Leonardo marked it as to-keep-reference
...the Principles of Microeconomics by Harvard professor Greg Mankiw has an excellent chapter titled “Income Inequality and Poverty,” but it is separate from the earlier chapters...
Inequality Pág.15
On the plus side this is a fairly well written and easy to understand textbook about a less than thrilling topic. On the down side, the author was an economic adviser to George W. Bush. This shows in his ardent belief of supply side economics and his cursory attention to equity. The book's online problems are helpful.
As far as text books go... this text book explained the principles very clearly, with useful modern Canadian (where applicable) examples, things I could relate to. It had visual reminders all through the book when one of the principles was mentioned. I passed.... The book works :-)
Aug 06, 2013Fouad Jaber rated it liked it · review of another edition
similar to Samuelson but a bit easier and better illustrated. my only criticism is that although id expect a micro book to be inclined towards laissez faire, but this book was a bit too inclined, it presented saving as always a positive aspiration and neglected many market failures.
I wouldn't ordinarily put a textbook on here, but I've been using this one to teach myself, surprise surprise, the principles of microeconomics. So far, I find it easy to grasp and strongly grounded in reality.
Nov 12, 2015Linda marked it as to-read · review of another edition
may you allow me to read this microEconomics. our lecturer prescribe the Author for us.
May 21, 2011J. rated it liked it · review of another edition
Pretty Good textbook, made introduction to Economics acessible.
May 20, 2013Katrina rated it it was ok · review of another edition
If this is book is an introduction to microeconomics then I'm Captain Picard.
Principles Of Macroeconomics Pdf 10th Edition
Dec 14, 2016Anindito Rahardyaksa rated it it was amazing
A really good book for people who just started to learn about economy.
A good summary of Microeconomics (that I read because I want to take the AP test...)
but it was pretty good and not as biased as it could have been...
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American 'new keynesian' macroeconomist. From 2003 to 2005, Mankiw was the chairman of President Bush's Council of Economic Advisors.He has since resumed teaching at Harvard, taking over the introductory economics course Social Analysis 10. More at Wikipedia.
Book Preface
Economics is a study of mankind in the ordinary business of life.” So wrote Alfred Marshall, the great 19th-century economist, in his textbook, Principles of Economics. Although we have learned much about the economy since Marshall’s time, this definition of economics is as true today as it was in 1890, when the first edition of his text was published.
Why should you, as a student at the beginning of the 21st century, embark on the study of economics? There are three reasons.
The first reason to study economics is that it will help you understand the world in which you live. There are many questions about the economy that might spark your curiosity. Why are apartments so hard to find in New York City? Why do airlines charge less for a round-trip ticket if the traveler stays over a Saturday night? Why is Leonardo DiCaprio paid so much to star in movies? Why are living standards so meager in many African countries? Why do some countries have high rates of inflation while others have stable prices? Why are jobs easy to find in some years and hard to find in others? These are just a few of the questions that a course in economics will help you answer.
The second reason to study economics is that it will make you a more astute participant in the economy. As you go about your life, you make many economic decisions. While you are a student, you decide how many years to stay in school. Once you take a job, you decide how much of your income to spend, how much to save, and how to invest your savings. Someday you may find yourself running a small business or a large corporation, and you will decide what prices to charge for your products. The insights developed in the coming chapters will give you a new perspective on how best to make these decisions. Studying economics will not by itself make you rich, but it will give you some tools that may help in that endeavor.
The third reason to study economics is that it will give you a better understanding of both the potential and the limits of economic policy. Economic questions are always on the minds of policymakers in mayors’ offices, governors’ mansions, and the White House. What are the burdens associated with alternative forms of taxation? What are the effects of free trade with other countries? What is the best way to protect the environment? How does a government budget deficit affect the economy? As a voter, you help choose the policies that guide the allocation of society’s resources. An understanding of economics will help you carry out that responsibility. And who knows: Perhaps someday you will end up as one of those policymakers yourself.
Thus, the principles of economics can be applied in many of life’s situations. Whether the future finds you reading the newspaper, running a business, or sitting in the Oval Office, you will be glad that you studied economics.
N. Gregory Mankiw
December 2013
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