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PRINCIPLES OF ECONOMICS, Seventh Edition, continues to be the most popular and widely-used text in the economics classroom. A text by a superb writer and economist that stresses the most important concepts without overwhelming students with an excess of detail. A thorough update has been made to keep all chapters fresh and relevant with current Economic coverage. MindTap, the cutting edge online environment is available with new enhancements that include Graph Builder and Adaptive Test Prep that allow students extra preparation in graph drawing and test review. The seventh edition premier ancillary package is the most extensive in the industry, using a team of instructors/preparers that have been with the project since the first edition.
- Sales Rank: #10292 in Books
- Published on: 2014
- Original language: English
- Number of items: 1
- Dimensions: 10.50" h x 8.00" w x 1.50" l, 3.95 pounds
- Binding: Hardcover
- 880 pages
- Used Book in Good Condition
Review
"One of the reasons why we adopted the Mankiw text was because of its relevant concepts that students could really relate to. I would say to continue with this trend, and also be sure to use examples that relate to the current economic conditions that make sense to a beginner economics student."
"I have used Mankiw for several years, across at least 3 or 4 of its editions. I like the writing in the book--it's clear and exposits the ideas effectively. It covers topics that I want to cover, mostly in the order that I like to cover them. It's at the appropriate level for our students--not too difficult but not superficial either. I also like the fact that this book is very closely integrated with the Aplia system, which I believe is an important learning tool."
"Very student friendly text. Makes economics easy to understand. Some of the other texts would take a lot of reading to explain an idea."
About the Author
N. Gregory Mankiw is Robert M. Beren Professor of Economics at Harvard University. He studied economics at Princeton University and MIT. Dr. 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. Dr. 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.
Most helpful customer reviews
105 of 111 people found the following review helpful.
A beautiful introduction
By Trevor Burnham
This was the textbook (in an earlier edition) that introduced me to economics back in high school. I decided to take the AP exam in the subject, even though my school offered no such course. Between this text and a test prep book, I was able to ace the exams; but more importantly, I was immersed in a subject so fascinating that I'm now studying it as a PhD student.
Throughout the book, Mankiw highlights differences in opinion between economists and "laymen," and to examine where those differences come from. For instance, rent ceilings are a popular policy that 93% of economists (as of a 1992 survey) say "reduce both the quantity and the quality of available housing." Mankiw explains why economists are so sure of this in compelling, intuitive terms, without demanding that students master calculus or statistical methods.
Interested students should also subscribe to Greg Mankiw's excellent blog to keep up with the latest news in the ever-evolving field of economics.
9 of 9 people found the following review helpful.
Great
By G. Edmondson
This book is the same as the newer version with a different model here and there but otherwise this edition and the 5th edition are the same. So save money by buying this one.
17 of 20 people found the following review helpful.
Wonderful book, teaching materials ok
By econ prof
This is a wonderful, wonderful book to introduce students to economics. The faculty materials are not quite as wonderful. We are on chapter 3 and one of my students found an error in a chapter on-line self quiz. I have found errors in the test bank and there are some ambiguous questions. The slides, however, match the high quality of the text.
Easily five stars except for the problems noted.
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