Principles of microeconomics

Mankiw N.G.

In writing this textbook, Mankiw has tried to put himself in the position of someone seeing economics for the first time. The author’s conversational writing style is superb for presenting the politics and science of economic theories to tomorrow’s decision-makers. Because Mankiw wrote it for the students, the book stands out among all other principle texts by intriguing students to apply an economic way of thinking in their daily lives. Receiving such a praise as “perhaps the best ever” textbook in economic principles, it’s no wonder Mankiw’s prize project has quickly become one of the most successful books ever to be published in the college marketplace.

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Table of contents :
Cover……Page 1
1. Ten principles of economics……Page 2
2. Thinking like an economist……Page 18
3. Interdependence and the gains from trade……Page 46
4. The market forces of supply and demand……Page 62
5. Elasticity and its application……Page 90
6. Supply, demand, and government policies……Page 114
7. Consumers, producers, and the efficiency of markets……Page 136
8. Application: The costs of taxation……Page 156
9. Application: International trade……Page 174
10. Externalities……Page 198
11. Public goods and common resources……Page 218
12. The design of the tax system……Page 236
13. The costs of production……Page 260
14. Firms in competitive markets……Page 282
15. Monopoly……Page 306
16. Oligopoly……Page 340
17. Monopolistic competition……Page 368
18. The markets for the factors of production……Page 386
19. Earnings and discrimination……Page 406
20. Income inequality and poverty……Page 426
21. The theory of consumer choice……Page 450
Glossary……Page 478