Economics Principles (Vol. 1 and Vol. 2) (2nd Edition) (2nd Edition)

Author: N. Gregory Mankiw
Publisher:
Publication Date: 2003-08-01
Features: This book has created two Guinness World Records:
※ First, before the book was completed, the publisher offered $1.4 million for the copyright, setting a Guinness World Record for the sale price of an economics book.
※ Second, the book quickly became a bestseller in the United States upon its release, being adopted as a textbook by more than 300 universities within just 3 months. Its English edition had a circulation of 200,000 copies in its first year of publication in 1998, making it the world's most successful first-edition economics textbook and setting another Guinness World Record for both its bestseller speed and quantity. This book is translated from the latest version—3rd edition—of "Principles of Economics" by the economics master, Mankiw. It dedicates more space to applications and policy while covering less formal economic theory. The book provides an in-depth yet accessible analysis of economists' worldview from perspectives such as supply and demand, firm behavior and consumer choice theory, long-term economic growth and short-term economic fluctuations, and macroeconomic policy. The language is refined, and the ideas are profound, making it highly beneficial for readers' studies and work. This book is suitable for undergraduate and graduate students in economics and management, as well as MBA students. It can also serve as an introductory economics book for managers.