Principles of Macroeconomics

Principles of Macroeconomics, 7th Edition, written by N. Gregory Mankiw and published by Cengage Learning, introduces fundamental macroeconomic concepts and analytical principles. The textbook presents foundational ideas about how markets function, exchange occurs, and broader economies operate.

Initial coverage addresses core economic thinking, trade gains, market forces of supply and demand, and government policies. The text then examines major national measures, including national income, the cost of living, production, unemployment, and the operations of financial and monetary systems.

Intended for students studying economics for the first time while serving as a resource for practitioners, the textbook also explores open-economy macroeconomics, trade balances, and debates over monetary and fiscal policy.