Principles of Economics

This was a book that i needed for school. It's a great book, very comprehensive and fit the bill for what I needed.

This is probably the best introductory book in economics out there. Being a very technical field, books in economics can be too technical (textbooks) or too simple (light reads). This is the perfect mix between the two. Not too technical, not too light. It’s the most popular introductory textbook in top US universities.In the title of this review, I called it the Encyclopædia Britannica of Economics because you can pretty much find anything here:- Basic Principles- Equilibrium Analysis- Market Efficiency- Market Failures (Externalities, Public Goods, and Imperfect Competition)- Government Failures (Public Choice)- Macroeconomic Data- Growth Theory- Financial Sector- Monetary Economics- International Economics- Business Cycles- Monetary and Fiscal PolicyIt’s all in here.A final warning note. Gregory Mankiw has three “principles” textbooks:- Principles in Economics (this book)- Principles in Microeconomics- Principles in MacroeconomicsThere’s a big overlap between the three. In particular, there’s nothing on the last two that is not on the first one. Therefore, if you own the first one, you don’t need any of the other two.

Principles of Economics" by N. Gregory Mankiw is a comprehensive and highly regarded textbook that serves as an invaluable resource for students and anyone seeking a solid understanding of economics. Mankiw's expertise in the subject matter shines through in this well-written and accessible book, making it a must-have for those eager to delve into the world of economics.One of the notable strengths of "Principles of Economics" is its ability to distill complex economic concepts into easily digestible explanations. Mankiw presents the material in a clear and logical manner, ensuring that readers with varying levels of prior knowledge can grasp the fundamentals. The book is organized into well-defined chapters that cover a wide range of topics, from supply and demand to macroeconomic principles and international trade.Another noteworthy aspect of this book is its emphasis on real-world applications and examples. Mankiw skillfully incorporates relevant case studies, current events, and economic data to illustrate the concepts being discussed. This practical approach helps readers connect the theories with their everyday lives, enhancing their comprehension and making the subject matter more relatable.Furthermore, the book's visual aids, including graphs, charts, and diagrams, greatly enhance the learning experience. These visual representations make complex economic relationships and theories more accessible, enabling readers to visualize and understand the data being presented. The inclusion of these visuals also promotes active engagement and facilitates the retention of key concepts.

I bought this book to better understand "the economy." I'll be honest, I was completely ignorant. I was a biology major in college and never took a single class in humanities or business. At 35 years old, I'm realizing how big of a mistake that was. Nonetheless, this is an AMAZING textbook! After reading each chapter and doing every single practice problem and quiz, I now know economics better than, I would say, 99% of the population--that's speculation, of course, and maybe even a bit exaggerated but, hopefully, you get what I'm saying. Enlightened doesn't begin to describe the way I feel. I honestly feel like I know how the world works; it's even allowed me to better understand how the media--as well as those in politics--have no idea what they are doing; and how "good intentions" can sometimes have disastrous outcomes. The biggest thing this book helped me realize, though, is that so many of us go around thinking we know way more than we actually do. (I was most certainly one of those people.)Incentives are very real; the law of supply and demand is very real; and the only way for any of us to truly understand how the world works and how we can "fix" it, first and foremost, we must educate ourselves. This book is an excellent starting point!!!Last words: I think EVERYONE should read both a philosophy textbook (to better understand from where our values and principles come) and an economics textbook (to better understand how the world works--as opposed to how we *think* it works).

Learned a LOT from this book and really enjoyed my economics class. I have a healthcare background. People over money ... so this helps put the business aspect into perspective for me but still didn't change how I feel about the business aspect of healthcare. Great book.

This book was pretty much brand new! No marks inside that I have seen and only a quarter of the price of a new book. Prime shipping got it here before the first day of class!

Had all the pages, although some of the first few were basically ripped out when I got them, so they were constantly falling out. No writing in the book though. It did it’s job. Did not try the mindtap code because I didn’t need it.

Economics is, unfortunately, one of the most politicized academic disciplines. Unlike the natural sciences and most of the other social sciences, there is often little concensus even among experts as to what can be considered sound theory. This is particularly the case in the field of macroeconomics.That said, Mankiw does his best to present a fair and balanced approach to both micro- and macroeconomics. He leans to the right politically, having served under George W. Bush and worked for Mitt Romney, but you will seldom find such a well written textbook. This is an excellent place to begin your study of economics.