Overview
With its clear and engaging writing style, ESSENTIALS OF ECONOMICS, 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.
Synopsis
Focusing on applications and policy rather than formal economic theory, this text for a first course in economics presents introductory material on principles and theory, then covers supply and demand, the public and private sectors, macroeconomics, money and prices, and economic fluctuations. This third edition contains new chapters on microeconomics and basic tools of finance, and integrates recent events such as corporate accounting scandals and the euro. Mankiw teaches economics at Harvard University. Annotation (c)2003 Book News, Inc., Portland, OR
Editorials
From the Publisher
"I think it is more reader friendly than other texts. In addition, it uses both numeric and/or graphical examples, which is very useful for the students.""We used to use Case and Fair's text. Mankiw seems to be a better text because it actually follows through with giving applications to what he includes in the book. For example, there is much better material in Mankiw about consumer surplus, producer surplus, government policies and interventions in the market."
"Very student friendly text. Makes economics easy to understand. Some of the other texts would take a lot of reading to explain an idea."