Mankiw's Macroeconomics is popular, widely adopted and well known for clearly communicating the principles of Macroeconomics in a concise and accessible way. The sixth edition maintains the core features that have made a bestselling Macroeconomics text - a balance of coverage between short and long-run issues, an integration of Keynesian and classical ideas, a variety of simple models and the incorporation of real world issues and data through case studies and FYI boxes. An outstanding package of support materials, includes the student web-support site 'Macrobytes'. The sixth edition includes new coverage of the decline in working hours in Europe, more extensive discussion of business-cycle facts to introduce the subject of short-run economic fluctuations and new case studies and FYI boxes.
NEW TO THIS EDITION
* New discussion of the decline in hours worked in Europe.
* More extensive discussion of business-cycle facts to introduce the subject of short-run economic fluctuations.
* New section on the 'impossible trinity'—the inconsistency of allowing free flows of capital, conducting independent monetary policy, and fixing the exchange rate.
NEW CASE STUDIES ON:
* Long-term trends in labour-force participation.
* An analysis of the impact of trade on growth.
* Joseph Schumpeter's concept of 'creative destruction,' including both historical and recent applications on the debate about the Chinese currency.
* A revised case study on the outlook for fiscal policy.
* The behavioural economists' view on policies to increase saving.
* Research on the magnitude of menu costs in supermarket chains.
STUDENT SUPPLEMENTS
* Companion website at http://bcs.worthpublishers.com/mankiw6/default.asp?s=&n=&i=&v=&o=&ns=0&uid=0&rau=0 offers a range of materials and study tools to support students in learning
* Study Guide (978-0-7167-7339-9) Includes questions, problems and exercises, which give students the opportunity to review and check their knowledge of the key terms and concepts
LECTURER SUPPLEMENTS (Only available to confirmed adopters of the textbook – see below for details)
* Companion website available at http://bcs.worthpublishers.com/mankiw6/default.asp?s=&n=&i=&v=&o=&ns=0&uid=0&rau=0 offers a range of easy-to-use resources to support lecturers in teaching
* Instructor's Resource CD-ROM (978-0-7167-7327-6)
* Instructor's Resource Manual (978-0-7167-7326-9)
* Computerized Test Bank CD-ROM (978-0-7167-7588-1)
* Printed Test Bank (978-0-7167-7328-3)
* Solutions Manual (978-0-7167-7587-4)
Lecturer Supplements are available to confirmed adopters of the textbook. To request, please email lecturerservices@palgrave.com with the title and ISBN of the required supplement together with you academic details:
Your name:
Your Job Title:
Your academic address:
Your academic email:
Module name:
Module start date:
Module student numbers:
Reviews of Previous Editions:
'Excellent clear exposition. Good coverage of range of material. The market leader. Excellent aids for lecturers.' - Dr. S.W. Proce, Department of Economics, University of Leicester, UK
'Excellent approach to Maro - best book on the subject to date.' - Dr. Derich Boyd, University of East London, UK
PART I: INTRODUCTION
The Science of Macroeconomics
The Data of Macroeconomics
PART II: CLASSICAL THEORY: THE ECONOMY IN THE LONG RUN
National Income: Where It Comes From and Where It Goes
Money and Inflation
The Open Economy
Unemployment
PART III: GROWTH THEORY: THE ECONOMY IN THE VERY LONG RUN
Economic Growth I
Economic Growth II
PART IV: BUSINESS CYCLE THEORY: THE ECONOMY IN THE SHORT RUN
Introduction to Economic Fluctuations
Aggregate Demand I
Aggregate Demand II
Aggregate Demand in the Open Economy
Aggregate Supply
PART V: MACROECONOMIC POLICY DEBATES
Stabilization Policy
Government Debt and Budget Deficits
PART VI: MORE ON THE MICROECONOMICS BEHIND MACROECONOMICS
Consumption
Investment
Money Supply and Money Demand
Advances in Business Cycle Theory
Epilogue: What We Know, What We Don't
Glossary
N. GREGORY MANKIW is Professor of Economics at Harvard University, USA. He is also a research associate of the National Bureau of Economic Research, a member of the Brookings Panel on Economic Activity and an adviser to the Federal Reserve Bank of Boston and the Congressional Budget Office.
Description
Mankiw's Macroeconomics is popular, widely adopted and well known for clearly communicating the principles of Macroeconomics in a concise and accessible way. The sixth edition maintains the core features that have made a bestselling Macroeconomics text - a balance of coverage between short and long-run issues, an integration of Keynesian and classical ideas, a variety of simple models and the incorporation of real world issues and data through case studies and FYI boxes. An outstanding package of support materials, includes the student web-support site 'Macrobytes'. The sixth edition includes new coverage of the decline in working hours in Europe, more extensive discussion of business-cycle facts to introduce the subject of short-run economic fluctuations and new case studies and FYI boxes.
NEW TO THIS EDITION
* New discussion of the decline in hours worked in Europe.
* More extensive discussion of business-cycle facts to introduce the subject of short-run economic fluctuations.
* New section on the 'impossible trinity'—the inconsistency of allowing free flows of capital, conducting independent monetary policy, and fixing the exchange rate.
NEW CASE STUDIES ON:
* Long-term trends in labour-force participation.
* An analysis of the impact of trade on growth.
* Joseph Schumpeter's concept of 'creative destruction,' including both historical and recent applications on the debate about the Chinese currency.
* A revised case study on the outlook for fiscal policy.
* The behavioural economists' view on policies to increase saving.
* Research on the magnitude of menu costs in supermarket chains.
STUDENT SUPPLEMENTS
* Companion website at http://bcs.worthpublishers.com/mankiw6/default.asp?s=&n=&i=&v=&o=&ns=0&uid=0&rau=0 offers a range of materials and study tools to support students in learning
* Study Guide (978-0-7167-7339-9) Includes questions, problems and exercises, which give students the opportunity to review and check their knowledge of the key terms and concepts
LECTURER SUPPLEMENTS (Only available to confirmed adopters of the textbook – see below for details)
* Companion website available at http://bcs.worthpublishers.com/mankiw6/default.asp?s=&n=&i=&v=&o=&ns=0&uid=0&rau=0 offers a range of easy-to-use resources to support lecturers in teaching
* Instructor's Resource CD-ROM (978-0-7167-7327-6)
* Instructor's Resource Manual (978-0-7167-7326-9)
* Computerized Test Bank CD-ROM (978-0-7167-7588-1)
* Printed Test Bank (978-0-7167-7328-3)
* Solutions Manual (978-0-7167-7587-4)
Lecturer Supplements are available to confirmed adopters of the textbook. To request, please email lecturerservices@palgrave.com with the title and ISBN of the required supplement together with you academic details:
Your name:
Your Job Title:
Your academic address:
Your academic email:
Module name:
Module start date:
Module student numbers:
Reviews
Reviews of Previous Editions:
'Excellent clear exposition. Good coverage of range of material. The market leader. Excellent aids for lecturers.' - Dr. S.W. Proce, Department of Economics, University of Leicester, UK
'Excellent approach to Maro - best book on the subject to date.' - Dr. Derich Boyd, University of East London, UK
Contents
PART I: INTRODUCTION
The Science of Macroeconomics
The Data of Macroeconomics
PART II: CLASSICAL THEORY: THE ECONOMY IN THE LONG RUN
National Income: Where It Comes From and Where It Goes
Money and Inflation
The Open Economy
Unemployment
PART III: GROWTH THEORY: THE ECONOMY IN THE VERY LONG RUN
Economic Growth I
Economic Growth II
PART IV: BUSINESS CYCLE THEORY: THE ECONOMY IN THE SHORT RUN
Introduction to Economic Fluctuations
Aggregate Demand I
Aggregate Demand II
Aggregate Demand in the Open Economy
Aggregate Supply
PART V: MACROECONOMIC POLICY DEBATES
Stabilization Policy
Government Debt and Budget Deficits
PART VI: MORE ON THE MICROECONOMICS BEHIND MACROECONOMICS
Consumption
Investment
Money Supply and Money Demand
Advances in Business Cycle Theory
Epilogue: What We Know, What We Don't
Glossary
Authors
N. GREGORY MANKIW is Professor of Economics at Harvard University, USA. He is also a research associate of the National Bureau of Economic Research, a member of the Brookings Panel on Economic Activity and an adviser to the Federal Reserve Bank of Boston and the Congressional Budget Office.
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