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Principles of Economics 10th Edition
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Principles of Economics 10th Edition

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Authors: N. Gregory Mankiw · Publisher: Cengage Learning · Language: English
ISBN-10: 035772271X · ISBN-13: 978-0357722718


Overview

Principles of Economics, 10th Edition provides a modern, comprehensive introduction to economics. Authored by N. Gregory Mankiw, this edition emphasizes real-world applications, critical thinking, and practical problem-solving. It covers both microeconomic and macroeconomic principles, making it an essential resource for students and professionals seeking a solid understanding of economic theory and its applications.


What You’ll Learn

  • Fundamental concepts: scarcity, choice, and opportunity cost

  • Supply, demand, and market equilibrium

  • Consumer behavior and production theory

  • Market structures, competition, and government interventions

  • Macroeconomic principles: GDP, inflation, unemployment

  • Fiscal and monetary policy

  • International trade and globalization


Why This Book Matters

This edition bridges the gap between theory and real-world application, ensuring readers can understand, analyze, and apply economic concepts effectively. Its clear explanations, engaging examples, and focus on critical thinking make it a trusted resource for students and educators alike.


Who Should Read This Book

  • Students in economics, finance, or business programs

  • Educators teaching introductory economics courses

  • Professionals seeking a foundational understanding of economic principles

  • Anyone interested in analyzing both individual and national economic decisions


Key Topics Covered

  • Scarcity, choice, and opportunity cost

  • Supply and demand analysis

  • Consumer behavior and firm production decisions

  • Market structures and competition

  • Market failures and government intervention

  • National income, inflation, and unemployment

  • Fiscal and monetary policy

  • International trade and globalization


Conclusion

Principles of Economics, 10th Edition provides a clear, practical, and thorough foundation in economics. Its combination of conceptual explanations, real-world examples, and modern applications makes it an essential resource for students, educators, and professionals alike.

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