Macroeconomics

N. Gregory Mankiw's Macroeconomics is widely regarded as one of the best textbooks in the field, and for good reason. Mankiw is a Harvard economist who has served as chairman of the Council of Economic Advisers under President George W. Bush. He is also a prolific writer, having authored numerous books and articles on economics.

The tenth edition of Mankiw's Macroeconomics, which is currently available for sale, provides a comprehensive overview of macroeconomics, including both theoretical and empirical perspectives. The book is divided into four sections: "Introduction," "Classical Theory," "Keynesian Theory and the Keynesian Model," and "Extensions and Applications."

The book's introduction sets the stage for the study of macroeconomics, explaining the fundamental concepts and principles that underlie the field. Mankiw emphasizes the importance of understanding macroeconomics in order to make informed decisions about government policies, business strategies, and personal financial choices. He also acknowledges the complexity of the subject matter, noting that "macroeconomics is difficult because it deals with big-picture issues, such as why some countries grow faster than others, why recessions happen, and why inflation is a persistent problem in some countries but not in others."

Despite the complexity of the subject matter, Mankiw's writing style is accessible and engaging. He uses real-world examples and clear explanations to help readers understand the key concepts and theories of macroeconomics. With its thorough coverage of the field and its engaging writing style, Macroeconomics is an excellent choice for anyone looking to deepen their understanding of this important subject.

Author: N. Gregory Mankiw

Link to buy: https://www.amazon.com/dp/1464182892

Ratings: 4.5 out of 5 stars (from 190 reviews)

Best Sellers Rank: #531,413 in Books

#43 in Macroeconomics (Books)