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 http://www.gregmankiw.blogspot.com.
Summary
With its clear and engaging writing style, BRIEF PRINCIPLES OF MACROECONOMICS, Sixth Edition, continues to be one of the most popular books on economics available today. Mankiw emphasizes material that you are likely to find interesting about the economy (particularly if you are studying economics for the first time), including real-life scenarios, useful facts, and the many ways economic concepts play a role in the decisions you make every day.
Table of Contents
PART I: INTRODUCTION.
1. Ten Principles of Economics.
2. Thinking Like an Economist.
3 .Interdependence and the Gains from Trade.
PART II: HOW MARKETS WORK.
4.The Market Forces of Supply and Demand.
PART VIII: THE DATA OF MACROECONOMICS.
5. Measuring a Nation's Income.
6. Measuring the Cost of Living.
PART IX: 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 X: MONEY AND PRICES IN THE LONG RUN.
11. The Monetary System.
12. Money Growth and Inflation.
PART XI: THE MACROECONOMICS OF OPEN ECONOMIES.
13. Open-Economy Macroeconomics: Basic Concepts.
14. A Macroeconomic Theory of the Open Economy.
PART XII: 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. Six Debates over Macroeconomic Policy.
Glossary.
Index.
