Book Description
In writing this textbook, Mankiw has tried to put himself in the position of someone seeing economics for the first time. The author's conversational writing style is superb for presenting the politics and science of economic theories to tomorrow's decision-makers. Because Mankiw wrote it for the students, the book stands out among all other principles texts by intriguing students to apply an economic way of thinking in their daily lives. Receiving such a praise as "perhaps the best ever" textbook in economic principles, it's no wonder Mankiw's prize project has quickly become one of the most successful books ever to be published in the college marketplace.

About the Author
N. Gregory Mankiw is Professor of Economics at Harvard University. As a student, he studied economics at Princeton University and MIT. As a teacher, he has taught macroeconomics, microeconomics, statistics, and principles of economics. He even spent one summer long ago as a sailing instructor on Long Beach Island. 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 Financial Times, The Wall Street Journal, and Fortune. He has written two popular textbooks--the intermediate-level textbook "Macroeconomics" (Worth Publishers) and the introductory textbook "Principles of Economics" (South-Western/Thomson). Together, these two books have sold about a million copies and have been translated into seventeen languages. In addition to his writing, he is Director of the Monetary Economics Program at the National Bureau of Economic Research, a nonprofit think tank in Cambridge, Massachusetts. He is an advisor to the Congressional Budget Office and the Federal Reserve Bank of Boston. Greg is also on the ETS Test Development committee for the Advanced Placement exam in Economics, as well as the NBER Business Cycle Dating Committee.

FROM THE PUBLISHER

In writing this textbook, Mankiw has tried to put himself in the position of someone seeing economics for the first time. The author's conversational writing style is superb for presenting the politics and science of economic theories to tomorrow's decision-makers. Because Mankiw wrote it for the students, the book stands out among all other principle texts by intriguing students to apply an economic way of thinking in their daily lives. Receiving such praise as perhaps the best ever textbook in economic principles, it's no wonder Mankiw's prize project has quickly become one of the most successful books ever to be published in the college marketplace.

SYNOPSIS