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