Essentials of Economics

Description

Essentials of Economics (MindTap Course List) 10th Edition by N. Gregory Mankiw is a concise and engaging introduction to the field of economics. This book presents the core principles of economics in a clear and approachable way, making it ideal for students who are just starting their study of the subject. Mankiw uses real-world examples and practical applications to illustrate important concepts, ensuring students understand the relevance of economics in everyday life.

The book covers both microeconomics and macroeconomics. It begins with the basics of how markets work, including supply and demand, pricing, and the role of incentives. Mankiw explores how individual decisions affect markets, as well as how firms and governments influence the economy. The book delves into market structures, competition, and the economics of labor and capital.

In addition to microeconomic principles, Essentials of Economics also covers macroeconomic topics. These include economic growth, inflation, unemployment, and the role of government policies in managing the economy. Mankiw explains how fiscal and monetary policies work and their impact on national and global economies. He also discusses international trade and the interconnectedness of modern economies.

The 10th edition includes updated content, reflecting the latest economic data and global trends. It also features the MindTap platform, which offers a range of interactive learning tools, quizzes, and activities. These tools help students engage with the material in a more dynamic way, reinforcing key concepts and improving retention.

Essentials of Economics is an essential resource for anyone looking to understand the basic principles of economics. It is ideal for students who want a thorough yet accessible introduction to the field.