Principles of Economics 3rd Edition

Very informative book. It works very well for reading from the beginning or being used to as a reference for economic issues not easily understood.

Great

If you plan to get this edition for SAIS pre-coursework-- don't. The professor recommends specific sections for the weekly readings, and this edition is not broken into sections. I'm not sure which editions are more relevant to the course, but this ain't it.Otherwise, the text is good. I appreciate the writing style and case studies.

This book was a bit of a breeze to read considering the other books that I have sampled. Recommended highly!

Years back I read in The Economist an excellent review about this textbook at the time it first came out. The article suggested that the bible of econ textbook had been so far the one written by Paul Samuelson. But, The Economist book review made an excellent case that Mankiw textbook should become the prevailing introduction to economics textbook. Why is that? Well, Mankiw book covers all the subject and the technicalities Samuelson textbook covers. Additionally, Mankiw book is hip, current, entertaining, and fun to read. His economic examples are full of pop stars, movie stars, sports heroes, and other mass media public figure we all know off. He brings in as supportive educational material many columns from the Wall Street Journal, or New York Times written by famous economists such as Paul Krugman, and Lester Thurow among others.A day after reading The Economist book review I bought the book. I read and studied it with so much pleasure over the next two months that I felt I was back in some of the best classes I had ever taken in undergrad and grad school. Today, as part of my work as an internal financial consultant for a major U.S. bank, I often do research projects regarding fairly esoteric economics issues. And, I often review and study specific chapters of this book to refresh my economics foundation. I gather by now you can tell I love this book. Anyone who has an interest in economics should acquire this book first as educational enjoyment, and second as an invaluable reference.

I was one of those who wanted to learn all about economy "Macro and Micro" with out any complexities i wanted a text with such ease magniting ideas to understand economics principles and concepts without unnecessary complication. Once i read this book i noticed how intertaining it is and how Mankiw's did his job in a very objective way, his letter to send the complex economy that every body knows about in its simplistic form which i believe its a point that counts for him. In the other hand, i've read about many unsatisfied readers who keep saying that Mankiw was biasing and he is not pointing others views. Infact, i agree with them partially, but since what i need from this text is to understand the main concepts then i think i can deal with detail issues later when needed specially when am not living within United States and never been there so am not intrested dealing with arguments i've read in some reviews written and marked with a star or two !Some thing honest to say, who wants to learn the general ideas about economy without dealing with debates and arguments or going deeper into unnecessary details then this book is recommended for you. Otherwise, read some other books that might be stuffed with such different views, arguments, and debates.

I just recently started using The Principle of Economics; I need the material and thought it would be suited reference for high school Economics. This book has allotted overwhelming details relating to general subject matter and not enough information pertaining to certain subject matters. For example; Gross Domestic Product (GDP) could be found,(it is too babbling for me to find a reasonable example of his layout)nevertheless no example was given for GNP- Gross National Product, in the glossary or index column. I was able to find it in another Principle for Economics from the author; McMillan who was very informative and specific towards relaying the material needed for it readers. Here is a lightweight example; the Gross National Product (GNP) means the total dollar value of all final goods, services & structured produced in one year with the labor & property supplied by the United States resident. The Gross Domestic Product means- the dollar amount of all final goods & services within a country's national boarder in a year. If you love jumping around & long winded formatted material then this is the book for you, it just wasn't for me.

Well written. One of the better econ textbooks I have come into contact with. Starts out very basic (first few chapters) and then moves it's way up the complexity ladder, never getting overly complex. It's a good read for someone with no experience in economics (following along with classroom instruction) or someone who wants a quick refresher.