Media and Resources from Worth Publishers
Preface

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

Achieve offers the best value and price. Because students’ and instructors’ needs are changing, our most powerful learning option is also our most affordable. Achieve is a new digital solution that brings all of the best aspects of Mankiw’s digital resources together in one place. Built on best practices in learning science, Achieve provides students with robust tools to succeed in economics while giving instructors insights into their students understanding and performance.

• NEW Step-by-Step graphs are integrated into the e-book mirror how an instructor constructs graphs in the classroom. By breaking down the process into its components, these graphs create more manageable “chunks” for students to understand each step of the process. These graphs are also available as lecture slides.
• NEW Online-Only Problems. Professor Mankiw has written dozens of new end-of-chapter problems that are available only in the digital version of Macroeconomics. Analytic problems ask students to practice shifting the curves in various models and interpreting the results. Numerical problems present models with specific parameter values and ask students to calculate the resulting equilibria. Still other problems incorporate data: They ask students to answer questions about data describing the U.S. economy, which can be easily accessed using Federal Reserve Economic Data (FRED).
• NEW EconoFact Memos with Unique Exercises. 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.” Many chapters of the digital text conclude with links to brief EconoFact memos paired with assessments that ask students to test and apply what they have learned. These unique assessments are available only with this text.

New and updated coverage throughout covers the Covid19 pandemic and much more. Highlights include more in income inequality in a new appendix to Chapter 3, a new case study on President Trump’s trade policies in Chapter 6,  a new case study on unemployment insurance during the pandemic of 2020 in Chapter 7, materials on long-run economic growth has been rearranged and spread out from two chapters to three (Chapters 8, 9, and 10), bringing related topics closer together and offering students a more accessible introduction to the subject, a new case study on the misallocation of capital and labor in India and China.in chapter 10, and an extensive new section on  the Covid-19 Recession of 2020 in Chapter 11.

Updated data. As always, the data presented in the text is as current as possible.