New in this edition: ‘Step-by-Step graphs’ are integrated into the e-book mirror how an instructor constructs graphs in the classroom.
‘Online-Only Problems’ written by Professor Mankiw includes dozens of new end-of-chapter problems that are available only in the digital version of Macroeconomics.
New ‘EconoFact Memos with Unique Exercises’ are included in this edition. Since 2017, a number of prominent economists have collaborated to produce EconoFact, described as “a non-partisan publication designed to bring key facts and incisive analysis to the national debate on economic and social policies.”
New and updated coverage throughout which covers the Covid19 pandemic and much more.
As always, the data presented in the text is fully updated and as current as possible.
Part I Introduction
Chapter 1 The Science of Macroeconomics
Chapter 2 The Data of Macroeconomics
Part II Classical Theory: The Economy in the Long Run
Chapter 3 National Income: Where It Comes From and Where It Goes
Chapter 4 The Monetary System: What It Is and How It Works
Chapter 5 Inflation: Its Causes, Effects, and Social Costs
Chapter 6 The Open Economy
Chapter 7 Unemployment and the Labor Market
Part III Growth Theory: The Economy in the Very Long Run
Chapter 8 Capital Accumulation as a Source of Growth
Chapter 9 Population Growth and Technological Progress
Chapter 10 Growth Empirics and Policy
Part IV Business Cycle Theory: The Economy in the Short Run
Chapter 11 Introduction to Economic Fluctuations
Chapter 12 Aggregate Demand I: Building the IS–LM Model
Chapter 13 Aggregate Demand II: Applying the IS–LM Model
Chapter 14 The Open Economy Revisited: The Mundell–Fleming Model and the Exchange-Rate Regime
Chapter 15 Aggregate Supply and the Short-Run Tradeoff Between Inflation and Unemployment
Part V Topics in Macroeconomic Theory and Policy
Chapter 16 A Dynamic Model of Economic Fluctuations
Chapter 17 Alternative Perspectives on Stabilization Policy
Chapter 18 Government Debt and Budget Deficits
Chapter 19 The Financial System: Opportunities and Dangers
Chapter 20 The Microfoundations of Consumption and Investment
Epilogue What We Know, What We Don’t
Glossary
Index.
