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Mankiw's Principles of Economics

Mankiw's Principles of Economics

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Published by: hawk101 on Oct 18, 2009
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Chapter 
 
Principles of EconomicsEssentialsMicro MacroMacro-Brief 
1Ten Principles oEconomics
 
Chapter 1Chapte1Chapter 1Chapter 12Thinking Like anEconomist
 
22223Interdependence and theGains from Trade
 
33334The Market Forces oSupply and Demand
 
44445Elasticity and ItsApplication
 
555 6Supply, Demand, andGovernment Policies
 
666 7Consumers, Producers,and the Efficiency of Markets
 
777 8Application: The Costsof Taxation
 
888 9Application:International Trade
 
999 10Externalities
 
101011Public Goods andCommon Resources
 
111112The Design of the TaxSystem
 
1213The Costs of Production
 
121314Firms in CompetitiveMarkets
 
131415Monopoly
 
141516Oligopoly
 
1617MonopolisticCompetition
 
1718The Markets for theFactors of Production
 
1819Earnings andDiscrimination
 
1920Income Inequality andPoverty
 
2021The Theory of Consumer Choice
 
21
 
22Measuring a Nation'sIncome
 
15 10523Measuring the Cost oLiving
 
16 11624Production and Growth
 
17 12725Saving, Investment,andthe Financial System
 
18 13826Unemployment and Its Natural Rate
 
19 14927The Monetary System
 
20 151028Money Growth andInflation
 
21 161129Open-EconomyMacroeconomics: BasicConcepts
 
171230A MacroeconomicTheory of the OpenEconomy
 
181331Aggregate Demand andAggregate Supply
 
22 191432The Influence oMonetary and FiscalPolicy on AggregateDemand
 
23 201533The Short-Run Tradeoff  between Inflation andUnemployment
 
211634Five Debates oveMacroeconomic Policy
 
2217
Although the study of economics has many facets, the field is unified by several centralideas. The Ten Principles of Economics offer an overview of what economics is all about.1.People Face Tradeoffs.To get one thing, you have to give up something else. Making decisions requirestrading off one goal against another.2.The Cost of Something is What You Give Up to Get It.Decision-makers have to consider both the obvious and implicit costs of their actions.

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