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Title: Principles of Economics by N. Gregory Mankiw ISBN: 0-324-16862-4 Publisher: South-Western College Pub Pub. Date: March, 2003 Format: Hardcover Volumes: 1 List Price(USD): $120.95 |
Average Customer Rating: 4 (26 reviews)
Rating: 5
Summary: Arming a new generation of students, and citizens
Comment: Economics is the most abused science, the one most prone to fallacies (to which Henry Hazlitt's Economics in One Lesson is devoted), and yet certainly one of the most important. I purchased this textbook ten years after graduating from college, having read rave reviews and predictions of what it would mean for new generations of students freed from the long-outdated Keynesian textbook by Paul Samuelson, and indeed I was not disappointed. The book is not merely complete, comprehensive, and modern--it is designed to get knowledge into your head with maximum efficiency and enjoyment. A reviewer below called accused it of oversimplification, which I would call inaccurate even if it weren't an introductory text, in which space simply does not permit inclusion of the details of outmoded theories. Unless you are a student, you are unlikely to read it from start to finish, but you will find yourself skipping from one interesting topic or sidebar to the next that catches your eye.
Samuelson once said, "I don't care who writes a nation's laws, or crafts its advanced treaties, if I can write its economic textbooks," and Mankiw even slyly quotes him in his preface. Along with politics, the knowledge of economics is mandatory for being an informed voter. If more citizens were armed with this textbook, bonehead politicians would be a lot more respectful, and responsive to our real long-term needs.
Rating: 5
Summary: The best and most fun economics textbook
Comment: Years back I read in The Economist an excellent review about this textbook at the time it first came out. The article suggested that the bible of econ textbook had been so far the one written by Paul Samuelson. But, The Economist book review made an excellent case that Mankiw textbook should become the prevailing introduction to economics textbook. Why is that? Well, Mankiw book covers all the subject and the technicalities Samuelson textbook covers. Additionally, Mankiw book is hip, current, entertaining, and fun to read. His economic examples are full of pop stars, movie stars, sports heroes, and other mass media public figure we all know off. He brings in as supportive educational material many columns from the Wall Street Journal, or New York Times written by famous economists such as Paul Krugman, and Lester Thurow among others.
A day after reading The Economist book review I bought the book. I read and studied it with so much pleasure over the next two months that I felt I was back in some of the best classes I had ever taken in undergrad and grad school. Today, as part of my work as an internal financial consultant for a major U.S. bank, I often do research projects regarding fairly esoteric economics issues. And, I often review and study specific chapters of this book to refresh my economics foundation. I gather by now you can tell I love this book. Anyone who has an interest in economics should acquire this book first as educational enjoyment, and second as an invaluable reference.
Rating: 4
Summary: Great economics book!
Comment: This book took an otherwise dull subject and made it interesting. This was the 3rd economics book that I read, and I found this one to be the best.
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Title: New Ideas from Dead Economists: An Introduction to Modern Economic Thought by Todd G. Buchholz, Martin Feldstein ISBN: 0452280524 Publisher: Penguin USA (Paper) Pub. Date: April, 1999 List Price(USD): $14.95 |
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Title: Armchair Economist: Economics And Everyday Experience by Steven Landsburg ISBN: 0029177766 Publisher: Free Press Pub. Date: 01 March, 1995 List Price(USD): $13.00 |
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Title: Principles of Microeconomics by N. Gregory Mankiw ISBN: 0030270162 Publisher: South-Western College Pub Pub. Date: 06 June, 2000 List Price(USD): $80.95 |
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Title: From Here to Economy: A Short Cut to Economic Literacy by Todd G. Buchholz ISBN: 0452274826 Publisher: Plume Pub. Date: May, 1996 List Price(USD): $16.00 |
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Title: Principles of Macroeconomics by N. Gregory Mankiw, Gregory N. Mankiw ISBN: 0030270170 Publisher: South-Western College Pub Pub. Date: 02 June, 2000 List Price(USD): $80.95 |
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