For professionals who are searching for comprehensive coverage of micro topics. The author's "easy-going" writing style is superb for presenting the politics and science of economic theories and has been praised as "perhaps the best ever" coverage in economic principles. This book stands out among all other texts because of its ability to intrigue readers and encourage individuals to incorporate an economic way of thinking in daily life.

Mankiw (economics, Harvard U.) presents an introduction to macroeconomics that is more devoted to applications and policy than to formal economic theory. Chapters cover international trade, measuring gross domestic product, the cost of living, production and growth, the financial system, the natural rate of unemployment, inflation, and short run economic fluctuations. As is common with many economics textbooks there is little recognition of controversy within the field. Annotation (c)2003 Book News, Inc., Portland, OR (booknews.com)

"I find navigation process very simple. I am very impressed with Meet your tutor - Master the Learning Objectives section (that is so well planned out and organized). If students are having problems with any of the material and they're serious about being successful in this class, it is impossible for them not to understand the material after doing suggested activities in this section. "Ask the Author" video clips are interesting and clever. "Economic Applications" section also has good navigation system and can be useful for teachers and students both."

"The book's strengths include its ability to explain in plain language the beauty of economic theory; the concise manner in which real world examples are integrated into the text; and, the online assistance that does an effective job in complementing the text."

N. Gregory Mankiw is Professor of Economics at Harvard University. As a student, he studied economics at Princeton University and MIT. As a teacher, he has taught macroeconomics, microeconomics, statistics, and principles of economics. He even spent one summer long ago as a sailing instructor on Long Beach Island.<br> <br> Professor Mankiw is a prolific writer and a regular participant in academic and policy debates. His research includes work on price adjustment, consumer behavior, financial markets, monetary and fiscal policy, and economic growth. His published articles have appeared in academic journals, such as the American Economic Review, Journal of Political Economy, and Quarterly Journal of Economics, and in more widely accessible forums, such as The New York Times, The Financial Times, The Wall Street Journal, and Fortune.<br> <br> He has written two popular textbooks--the intermediate-level textbook "Macroeconomics" (Worth Publishers) and the introductory textbook "Principles of Economics" (South-Western/Thomson). Together, these two books have sold about a million copies and have been translated into seventeen languages.<br> <br> In addition to his writing, he is Director of the Monetary Economics Program at the National Bureau of Economic Research, a nonprofit think tank in Cambridge, Massachusetts. He is an advisor to the Congressional Budget Office and the Federal Reserve Bank of Boston. Greg is also on the ETS Test Development committee for the Advanced Placement exam in Economics, as well as the NBER Business Cycle Dating Committee.

PART I. INTRODUCTION. 1. Ten Principles of Economics. 2. Thinking Like an Economist. 3. Interdependence and the Gains from Trade. PART II. SUPPLY AND DEMAND I: HOW MARKETS WORK. 4. The Market Forces of Supply and Demand. 5. Elasticity and Its Application. 6. Supply, Demand, and Government Policies. PART III. SUPPLY AND DEMAND II: MARKETS AND WELFARE. 7. Consumers, Producers, and the Efficiency of Markets. 8. Application: The Costs of Taxation. 9. Application: International Trade. PART IV. THE DATA OF MACROECONOMICS. 10. Measuring a Nation's Income. 11. Measuring the Cost of Living. PART V. THE REAL ECONOMY IN THE LONG RUN. 12. Production and Growth. 13. Saving, Investment, and the Financial System. 14. The Basic Tools of Finance. 15. Unemployment and Its Natural Rate. PART VI. MONEY AND PRICES IN THE LONG RUN. 16. The Monetary System. 17. Money Growth and Inflation. PART VII. THE MACROECONOMICS OF OPEN ECONOMICS. 18. Open-Economy Macroeconomics: Basic Concepts. 19. A Macroeconomic Theory of the Open Economy. PART VIII. SHORT-RUN ECONOMIC FLUCTUATIONS. 20. Aggregate Demand and Aggregate Supply. 21. The Influence of Monetary and Fiscal Policy on Aggregate Demand. 22. The Short-Run Tradeoff between Inflation and Unemployment. PART IX. FINAL THOUGHTS. 23. Five Debates over Macroeconomic Policy.