Economics : principles & applications / N. Gregory Mankiw.

Includes bibliographical references and index.Economics.

Principles of Economics continues to be the most popular and widely used text in the Economics classroom. The 4th edition features a substantial revision of content in all 36 chapters while maintaining the clear and accessible writing style that is the hallmark of the highly respected author. The 4th edition also features an expanded instructor's resource package designed to assist instructors in course planning and classroom presentation. Features: * Revised Content on Aggregate Demand and Aggregate Supply : The AD/AS content has been revised to streamline the instructor?s experience teaching thematerial in the classroom and to clarify student thinking on an economy?s transition from the short run to the long run * Extensive Current Events Updates : 40 new items have been added to the popular text features such as ?In the News?, ?FYI? and ?Case Studies? creating anengaging and timely learning experience for learners. Included among the new items are a new case study, ?Mr. Mankiw Goes to Washington,? and a new In the News Box, Super Bowl Economics? Explaining how economics analysis helped the New England Patriots win the Super Bowl * New International Content and Examples : New content on the global distribution of income and child labor: has been added in response to reviewer feedback asking for more detailed coverage of international economics, To illicit classroom discussion, the question of What is the best way to reduce the use of child labor around the world is raised * Additional New Content Reflecting Today?s World of Economics : Every chapter in the 4th edition has been revised and modified to reflect the current environment of today's domestic and global economy These topics, among others, include: the presentation of the possibilities frontier model, free markets, transitions of supply

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