Principles of Macroeconomics (MindTap Course List) 9th Edition

Author: N. Gregory Mankiw · Publisher: Cengage Learning · Language: English
ISBN-10: 0357133498 · ISBN-13: 978-0357133491

Overview

Principles of Macroeconomics (MindTap Course List), 9th Edition by N. Gregory Mankiw provides a clear, concise, and comprehensive exploration of the forces that shape entire economies. This edition blends theoretical foundations with real-world examples, allowing readers to connect economic principles to current events and policy debates. Mankiw’s approachable writing style and logical structure make complex macroeconomic concepts—such as GDP, inflation, unemployment, and monetary policy—easy to understand and apply.

What You’ll Learn

1. The Core Principles of Macroeconomics
Understand fundamental economic ideas including scarcity, trade-offs, opportunity cost, and how people and nations make rational choices.

2. Measuring Economic Performance
Learn how GDP, inflation, and unemployment are measured and what they reveal about economic growth and stability.

3. The Real Economy in the Long Run
Study productivity, capital formation, and the policies that influence economic growth and living standards over time.

4. The Financial System and Money
Explore how banking systems, interest rates, and money supply impact savings, investment, and the overall economy.

5. Aggregate Demand and Aggregate Supply
Analyze the relationship between total spending and output, and understand how shifts in demand or supply affect economic performance.

6. Fiscal Policy and Government Spending
Examine how taxation and government budgets affect aggregate demand, employment, and national income.

7. Monetary Policy and Central Banking
Learn how central banks influence the economy through interest rates, open market operations, and money management.

8. The Global Economy and Trade
Discover how international trade, exchange rates, and global markets interact to shape domestic economic outcomes.

Why This Book Matters

Principles of Macroeconomics (MindTap Course List), 9th Edition gives readers the analytical tools to interpret economic data, understand government policy, and evaluate the performance of economies at both national and global levels. By connecting theory with real-world applications, Mankiw empowers students to think critically about economic challenges and policy solutions.

Who Should Read This Book

• Students of economics, finance, or business administration

• Educators teaching introductory macroeconomics courses

• Professionals interested in understanding economic trends and policy impacts

• Readers who want to grasp how macroeconomic forces shape global markets

Key Topics Covered

• Core principles of macroeconomics

• GDP, inflation, and unemployment

• Economic growth and productivity

• Money, banking, and financial systems

• Fiscal and monetary policy

• Aggregate demand and supply models

• International trade and exchange rates

Conclusion

Principles of Macroeconomics (MindTap Course List), 9th Edition delivers an engaging and insightful introduction to macroeconomic analysis. With its balance of theoretical rigor and practical application, it remains a trusted and essential resource for students and professionals seeking to understand how large-scale economies operate, grow, and respond to change.