Economics
✅ macroeconomics 👉 the study of economywide phenomena, including inflation, unemployment, and economic growth Macroeconomics…
✅ microeconomics 👉 the study of how households and firms make decisions and how they…
✅ production possibilities frontier 👉 a graph that shows the combinations of output that the…
✅ circular-flow diagram 👉 a visual model of the economy that shows how dollars flow…
✅ business cycle 👉 fluctuations in economic activity, such as employment and production Theo sách…
✅ inflation 👉 an increase in the overall level of prices in the economy Theo…
✅ productivity 👉 the quantity of goods and services produced from each unit of labor…
🎯 market power 👉 the ability of a single economic actor (or small group of…
externality the impact of one person’s actions on the well-being of a bystander Trong kinh…
market failure a situation in which a market left on its own fails to allocate…
N. GREGORY MANKIW
PRINCIPLES OF
ECONOMICS
PART I Introduction
- Ten Principles of Economics
- Thinking Like an Economist
- Interdependence and the Gains from Trade
PART II How Markets Work
- The Market Forces of Supply and Demand
- Elasticity and Its Application
- Supply, Demand, and Government Policies
PART III Markets and Welfare
- Consumers, Producers, and the Efficiency of Markets
- Application: The Costs of Taxation
- Application: International Trade
PART IV The Economics of the Public Sector
- Externalities
- Public Goods and Common Resources
- The Design of the Tax System
PART V Firm Behavior and the Organization
of Industry
- The Costs of Production
- Firms in Competitive Markets
- Monopoly
- Monopolistic Competition
- Oligopoly
PART VI The Economics of Labor Markets
- The Markets for the Factors of Production
- Earnings and Discrimination
- Income Inequality and Poverty
PART VII Topics for Further Study
- The Theory of Consumer Choice
- Frontiers of Microeconomics
PART VIII The Data of Macroeconomics
- Measuring a Nation’s Income
- Measuring the Cost of Living
PART IX The Real Economy in the Long Run
- Production and Growth
- Saving, Investment, and the Financial System
- The Basic Tools of Finance
- Unemployment
PART X Money and Prices in the Long Run
- The Monetary System
- Money Growth and Inflation
PART XI The Macroeconomics of Open Economies
- Open-Economy Macroeconomics: Basic Concepts
- A Macroeconomic Theory of the Open Economy
PART XII Short-Run Economic Fluctuations
- Aggregate Demand and Aggregate Supply
- The Influence of Monetary and Fiscal Policy on Aggregate Demand
- The Short-Run Trade-off between Inflation and Unemployment
PART XIII Final Thoughts
- Six Debates over Macroeconomic Policy
N. Gregory Mankiw is the Robert M. Beren Professor of Economics at Harvard University. As a student, he studied economics at Princeton University and MIT. As a teacher, he has taught macroeconomics, microeconomics, statistics, and principles of economics. He even spent one summer long ago as a sailing instructor on Long Beach Island.
Professor Mankiw is a prolific writer and a regular participant in academic and policy debates. His work has been published in scholarly journals, such as the American Economic Review, Journal of Political Economy, and Quarterly Journal of Economics, and in more popular forums, such as the New York Times and The Wall Street Journal. He is also author of the best-selling intermediate-level textbook Macroeconomics (Worth Publishers). 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 Congressional Budget Office and the Federal Reserve Banks of Boston and New York, 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.