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Principles of Macroeconomics, by Robin Stonecash, Joshua Gans, Stephen King, N. Gregory Mankiw
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Mankiw's Principles of Economics textbooks continue to be the most popular and widely used text in the economics classroom. PRINCIPLES OF MACROECONOMICS, 4th Edition features a strong revision of content in all 23 chapters while maintaining the clear and accessible writing style that is the hallmark of the highly respected author. The 4th edition also features an expanded instructor's resource package designed to assist instructors in course planning and classroom presentation and full integration of content with Aplia, the leading online Economics education program. In the 4th edition Greg Mankiw has created a full educational program for students and instructors -- Experience Mankiw 4e. "I have tried to put myself in the position of someone seeing economics for the first time. My goal is to emphasize the material that students should and do find interesting about the study of the economy." - N. Gregory Mankiw.
- Sales Rank: #13020478 in Books
- Published on: 2010-04-23
- Original language: English
- Dimensions: .0" h x .0" w x .0" l, .0 pounds
- Binding: Paperback
- 473 pages
Review
"The book's strengths include its ability to explain in plain language the beauty of economic theory; the concise manner in which real world examples are integrated into the text; and, the online assistance that does an effective job in complementing the text."
"I think that the greatest strengths are that it is clear (written in a student-friendly language), relatively concise, and provides a good coverage of what I think students need to know about principles of economics. I think that the style of the text is personable and is easy for students to read without being condescending. In terms of the coverage, as I noted above, we cover the entire text in my one-semester class, and cover just about exactly the entire text - no more, and only a little (two chapters) less."
"I find navigation process very simple. I am very impressed with Meet your tutor - Master the Learning Objectives section (that is so well planned out and organized). If students are having problems with any of the material and they're serious about being successful in this class, it is impossible for them not to understand the material after doing suggested activities in this section. "Ask the Author" video clips are interesting and clever. "Economic Applications" section also has good navigation system and can be useful for teachers and students both."
About the Author
N. Gregory Mankiw is Robert M. Beren Professor of Economics and Chair of the Department of Economics at Harvard University. He studied economics at Princeton University and MIT. He has taught macroeconomics, microeconomics, statistics, and principles of economics. Professor Mankiw is a prolific writer and a regular participant in academic and policy debates. His research includes work on price adjustment, consumer behavior, financial markets, monetary and fiscal policy, and economic growth. His published articles have appeared in academic journals such as the AMERICAN ECONOMIC REVIEW, JOURNAL OF POLITICAL ECONOMY, and QUARTERLY JOURNAL OF ECONOMICS and in more widely accessible forums including THE NEW YORK TIMES, THE WASHINGTON POST, THE WALL STREET JOURNAL, and FORTUNE. 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 Federal Reserve Bank of Boston and the Congressional Budget Office, 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. In addition, he maintains a very popular blog for students of economics at http://www.gregmankiw.blogspot.com.
Most helpful customer reviews
43 of 47 people found the following review helpful.
it's "all that and a bag of chips"
By Caraculiambro
This is a demanding high school (or undemanding college) introductory textbook on the subject. Only the most rudimentary algebra is required, and honestly one could easily get through the book without even that.
The edition is handsomely printed, with a font that's easy on the eye and plenty of colorful and helpfully-glossed graphs. The chapters themselves are not too long, which helps with a student's morale, believe me.
Recently I was put into a situation where I had to go, in the space of about 4 months, from knowing jack-squat about economics to being able to teach college-level macroeconomics!
Well, I frantically collected a ton of textbooks and articles about macroeconomics, ranging from the elementary to the abstruse and got to work.
And I gotta say: when something befuddled me and I found myself threshing about from text to text for the best explanation, it was nearly always Mankiw who came through with the critical phrasing that made the idea click and got me saying: "Ohhhhhh! I get it!" most often.
Not that this was always the case. There were times when I found better explanations elsewhere (e.g., Chapter 19, on the foreign currency market, is exasperatingly elliptical and could use a major dummying-down), but more often than not, Mr. Mankiw had the goods: the clearest and most easy-to-follow way of wording or graphing a slippery or counter-intuitive concept.
Of course, it's easy to hate Mr. Mankiw: he's young, he's handsome, he's brilliant (one of the youngest full professors ever at Harvard), and he's rich (his textbooks are now standard in AP courses nationwide). Jerk!
Because of these reasons, I would love to trash his book, showing how it "ain't all that."
Well, it is. Gulp.
Only one note: If you're planning on getting this book to study macroeconomics independently, you will find one irritating drawback: there are exercises at the end of each chapter, but no answers in the back. Essentially, therefore, it's a book for schoolchildren, not mature learners.
But its explanations -- believe me -- can't be beat.
12 of 12 people found the following review helpful.
Very comprehensive and well written!
By A Customer
I use this book in my economics class and all I can say is that is excellent. The author describes the basic concepts without being too complicated and messy. He keeps the things simple and incorporates some real-life economic problems and discussions into each chapter. The book overall provides a clear insight into microeconomics and shows what it is all about.
11 of 11 people found the following review helpful.
Buy an earlier edition! This is literally the same ...
By Front Man
Buy an earlier edition! This is literally the same thing as Macro by Mankiw 3rd - 6th edition. Way too expensive.
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