Long the bestseller for the intermediate macroeconomics course, Greg Mankiw’s superbly crafted textbook maintains its authority, currency, and vitality edition after edition, and the new Eighth Edition is the most accomplished yet.
The book is suitable for both introductory and intermediate courses, offering a thorough overview of the basics, while covering everything needed for more advanced courses.
This textbook acquaints the students with the latest trends and tendencies in macroeconomics analysis and policy. It keeps in view the macroeconomic
Also Available with MyEconLab (R) MyEconLab is an online homework, tutorial, and assessment program designed to work with this text to engage students and improve results.
Principles of Microeconomics 2e (2nd edition) covers the scope and sequence of most introductory microeconomics courses. The text includes many current examples, which are handled in a politically equitable way.
This idea didn't get very far for a number of reasons: ✓ Lehman's problems weren't primarily due to a lack of liquidity (a shortage of short‐term cash). Instead, Lehman had serious solvency problems (its liabilities substantially ...
This book presents macroeconomics as an applied science designed to improve our understanding of current and past policy issues.
Professor E. W. Kemmerer of Princeton declared in 1927: There is probably no defect in the world's economic organization today more serious than the fact that we use as our unit of value, not a thing with a fixed value, ...
This volume in the MIT Press Essential Knowledge series offers an introduction to the basics of macroeconomics accessible to the noneconomist.
The zero lower bound on nominal interest rates In Chapter 1, we set out the Fisher equation, which shows the relationship between the real and nominal interest rates and the expected rate of inflation: i = r + E. (Fisher equation) When ...