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Title: Brief Principles of Macroeconomics by N. Gregory Mankiw ISBN: 0-324-17190-0 Publisher: South-Western College Pub Pub. Date: March, 2003 Format: Paperback Volumes: 1 List Price(USD): $75.95 |
Average Customer Rating: 3.5 (2 reviews)
Rating: 4
Summary: Don't look at those lib'ruls, children -- move along now
Comment: A nice intro, but as noted by another reviewer, very short shrift given to other schools of economic thought. A recommended reading list gives plenty of well-respected conservative writers, with Milton Friedman topping the list, but only Paul Krugman appears representing other thoughts, and he's singled out as a "liberal economist". I think there are somewhat more honest introductions to the subject.
Rating: 3
Summary: Some good, some poor
Comment: Mankiw's book has a good organization -- for what it has. He spends a lot of time laying out some key fundamental topics, such as unemployment, GDP, CPI, DJIA, and so forth.
However, his book is entirely mum on the fact that there are different schools of thought, e.g., Keynesians, Classicals, Monetarists, Austrians, etc. A reader comes away thinking that all economists agree with Mankiw, and that simply is not true. Many other principles-level economics books have specific chapters devoted to these schools of thought.
In my Macro classes, I put Mankiw on "reserve" in the library and suggest that students read the 5 chapters dealing with "The Data of Macroeconomics" and "The Real Economy in the Long Run." However, I use other text books for the rest of the course, since they explain why economists disagree, give better information about actual public policy issues, and help a student understand, e.g., what the federal reserve is doing, or why some politicians like deficit spending and others dislike it, or whether the trade deficit is important or not.
For a reader who merely wants to understand the core issues mentioned above, Mankiw is a good book which I highly recommend. For a reader who wants to understand the nature of the public policy debates over these core issues, Mankiw is a horrible book which I suggest that you avoid like the plague.
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Title: Managerial Economics by William F. Samuelson, Stephen G. Marks ISBN: 0470000449 Publisher: Wiley Text Books Pub. Date: 19 April, 2002 List Price(USD): $107.95 |
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Title: Principles of Microeconomics (Study Guide) by Gregory Mankiw, N. Mankiw ISBN: 0030270219 Publisher: International Thomson Publishing Pub. Date: 2001 List Price(USD): $36.95 |
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Title: Principles of Microeconomics by N. Gregory Mankiw ISBN: 0324171889 Publisher: South-Western College Pub Pub. Date: March, 2003 List Price(USD): $88.95 |
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Title: Financial Accounting : In an Economic Context by Jamie Pratt ISBN: 0470000465 Publisher: Wiley Text Books Pub. Date: 22 February, 2002 List Price(USD): $87.95 |
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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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