Principles of Economics
Ninth Edition
N. Gregory Mankiw
© 2021
Contents
I. Introduction
1. Ten Principles of Economics
2. Thinking Like an Economist
3. Independence and the Gains from Trade
II. How Markets Work
4. The market Forces of Supply and Demand
5. Elasticity and Its Application
6. Supply, Demand, and Government Policies
III. Markets and Welfare
7. Consumers, Producers, and the Efficiency of Markets
8. Application: The Costs of Taxation
9. Application: International Trade
IV. The Economics of the Public Sector
10. Externalities
11. Public Goods and Common Resources
12. The Design of the Tax System
V. Firm Behavior and the Organization of Industry
13. The Costs of Production
14. Firms in Competitive Markets
15. Monopoly
16. Monopolistic Competition
17. Oligopoly
VI. The Economics of Labor Markets
18. The Markets for the Factors of Production
19. Earnings and Discrimination
20. Income Equality and Poverty
VII. Topics for Further Study
21. The Theory of Consumer Choice
22. Frontiers of Microeconomics
VIII. The Data of Macroeconomics
23. Measuring a Nation’s Income
24. Measuring the Cost of Living
IX. The Real Economy in the Long Run
25. Production and Growth
26. Saving, Investment, and the Financial System
27. The Basic Tools of Finance
28. Unemployment
X. Money and Prices in the Long Run
29. The Monetary System
30. Money Growth and Inflation
XI. The Macroeconomics of Open Economies
31. Open-Economy Macroeconomics: Basic Concepts
32. A Macroeconomic Theory of the Open Economy
XII. Short-Run Economic Fluctuations
33. Aggregate Demand and Aggregate Supply
34. The Influence of Monetary and Fiscal Policy on Aggregate Demand
35. The Short-Run Trade-Off between Inflation and Unemployment
XIII. Final Thoughts
36. Six Debates over Macroeconomic Policy
