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Cengage Principles of Microeconomics Eighth Edition

by Madhurima
β‚Ή999 β‚Ή999.00(-/ off)

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23 Customer Review

Cengage Principles of Microeconomics, Eighth Edition by N. Gregory Mankiw is a leading book that simplifies complex economic concepts with clear explanations and real-world applications. Covering supply and demand, market structures, taxation, labor economics, and consumer choice, this book is essential for students and instructors. Updated with the latest economic trends, it includes interactive learning tools, case studies, and problem sets. Ideal for undergraduate courses, self-study, and professionals, this textbook by renowned economist Mankiw ensures a deep understanding of microeconomic principles.

Have Doubts Regarding This Product ? Ask Your Question

  • Q1
    Is this book suitable for beginners in economics?
    A1

    Yes, it explains concepts clearly with real-world examples, making it ideal for beginners.

  • Q2
    Does the Eighth Edition include recent economic developments?
    A2

    Yes, it has updated case studies and policy discussions reflecting current economic trends.

  • Q3
    Are there digital resources available with this book?
    A3

    Yes, it includes access to MindTap, Aplia, and supplementary online materials.

  • Q4
    What topics are covered under market structures?
    A4

    The book discusses perfect competition, monopolies, oligopolies, and monopolistic competition.

  • Q5
    Does this book cover international trade?
    A5

    Yes, Chapter 9 focuses on the costs and benefits of international trade.

  • Q6
    Is this book useful for business students?
    A6

    Absolutely, it helps understand market behavior, pricing strategies, and firm decision-making.

  • Q7
    Does it discuss government policies affecting markets?
    A7

    Yes, Chapters 6, 8, and 12 analyze taxation, subsidies, and regulatory impacts.

  • Q8
    Can this book be used for self-study?
    A8

    Yes, its structured approach makes it suitable for independent learners.

  • Q9
    Is this book aligned with standard university courses?
    A9

    Yes, it follows the typical syllabus for introductory microeconomics courses.

  • Q10
    Does the book discuss behavioral economics?
    A10

    Chapter 22 briefly explores frontiers of microeconomics, including behavioral insights.

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PART 1: INTRODUCTION
1. Ten Principles of Economics
2. Thinking Like an Economist
3. Interdependence and the Gains from Trade

PART 2: HOW MARKETS WORK
4. The Market Forces of Supply and Demand
5. Elasticity and Its Application
6. Supply, Demand, and Government Policies

PART 3: MARKETS AND WELFARE
7. Consumers, Producers, and the Efficiency of Markets
8. Application : The Costs of Taxation
9. Application : International Trade

PART 4: THE ECONOMICS OF THE PUBLIC SECTOR
10. Externalities
11. Public Goods and Common Resources
12. The Design of the Tax System

PART 5: FIRM BEHAVIOR AND THE ORGANIZATION OF INDUSTRY
13. The Costs of Production
14. Firms in Competitive Markets
15. Monopoly
16. Monopolistic Competition
17. Oligopoly

PART 6: THE ECONOMICS OF LABOR MARKETS
18. The Markets for the Factors of Production
19. Earnings and Discrimination
20. Income Inequality and Poverty

PART 7: TOPICS FOR FURTHER STUDY
21. The Theory of Consumer Choice
22. Frontiers of Microeconomics

The Cengage Principles of Microeconomics, Eighth Edition, authored by renowned economist N. Gregory Mankiw, is a comprehensive and student-friendly guide to understanding the core concepts of microeconomics. Published by Cengage Learning, this book is widely used in universities and colleges worldwide, offering a clear and engaging introduction to economic principles. Whether you are an undergraduate student, an instructor, or a self-learner, this book provides a structured approach to analyzing economic behavior, market dynamics, and policy implications.

Key Features of the Eighth Edition:

1. Clear and Accessible Explanations: Mankiw’s writing style simplifies complex economic theories, making them easy to grasp for students at all levels.
2. Real-World Applications: Each chapter integrates practical examples, case studies, and current economic issues to demonstrate how microeconomic principles apply to everyday life.
3. Updated Content: The latest edition includes recent economic trends, policy changes, and global market developments to ensure relevance in today’s economic landscape.
4. Interactive Learning Tools: The book is supplemented with digital resources, including quizzes, problem sets, and multimedia content to reinforce learning.
5. Critical Thinking Exercises: End-of-chapter questions and problems encourage analytical thinking and help students apply theoretical knowledge to real-world scenarios.

Why Choose This Textbook?

1. Trusted Author: N. Gregory Mankiw is a leading economist and former advisor to policymakers, ensuring authoritative and accurate content.
2. Engaging Pedagogy: Graphs, case studies, and summaries enhance comprehension and retention.
3. Flexible Learning: Suitable for traditional classrooms, online courses, and self-study.
4. Supplementary Materials: Access to MindTap, Aplia, and other digital tools for an interactive learning experience.

PART 1: INTRODUCTION
1. Ten Principles of Economics
2. Thinking Like an Economist
3. Interdependence and the Gains from Trade

PART 2: HOW MARKETS WORK
4. The Market Forces of Supply and Demand
5. Elasticity and Its Application
6. Supply, Demand, and Government Policies

PART 3: MARKETS AND WELFARE
7. Consumers, Producers, and the Efficiency of Markets
8. Application : The Costs of Taxation
9. Application : International Trade

PART 4: THE ECONOMICS OF THE PUBLIC SECTOR
10. Externalities
11. Public Goods and Common Resources
12. The Design of the Tax System

PART 5: FIRM BEHAVIOR AND THE ORGANIZATION OF INDUSTRY
13. The Costs of Production
14. Firms in Competitive Markets
15. Monopoly
16. Monopolistic Competition
17. Oligopoly

PART 6: THE ECONOMICS OF LABOR MARKETS
18. The Markets for the Factors of Production
19. Earnings and Discrimination
20. Income Inequality and Poverty

PART 7: TOPICS FOR FURTHER STUDY
21. The Theory of Consumer Choice
22. Frontiers of Microeconomics

Have Doubts Regarding This Product ? Ask Your Question

  • Q1
    Is this book suitable for beginners in economics?
    A1

    Yes, it explains concepts clearly with real-world examples, making it ideal for beginners.

  • Q2
    Does the Eighth Edition include recent economic developments?
    A2

    Yes, it has updated case studies and policy discussions reflecting current economic trends.

  • Q3
    Are there digital resources available with this book?
    A3

    Yes, it includes access to MindTap, Aplia, and supplementary online materials.

  • Q4
    What topics are covered under market structures?
    A4

    The book discusses perfect competition, monopolies, oligopolies, and monopolistic competition.

  • Q5
    Does this book cover international trade?
    A5

    Yes, Chapter 9 focuses on the costs and benefits of international trade.

  • Q6
    Is this book useful for business students?
    A6

    Absolutely, it helps understand market behavior, pricing strategies, and firm decision-making.

  • Q7
    Does it discuss government policies affecting markets?
    A7

    Yes, Chapters 6, 8, and 12 analyze taxation, subsidies, and regulatory impacts.

  • Q8
    Can this book be used for self-study?
    A8

    Yes, its structured approach makes it suitable for independent learners.

  • Q9
    Is this book aligned with standard university courses?
    A9

    Yes, it follows the typical syllabus for introductory microeconomics courses.

  • Q10
    Does the book discuss behavioral economics?
    A10

    Chapter 22 briefly explores frontiers of microeconomics, including behavioral insights.

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