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Essentials of Economics, 11th Edition

N. Gregory Mankiw

  • Copyright 2027
  • {{checkPublicationMessage('Published', '2026-01-01T00:00:00+0000')}}
Starting At $314.95 See pricing and ISBN options
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Essentials of Economics 11th Edition by N. Gregory Mankiw
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Overview

Introduce the essential principles of economics with acclaimed author and economist Gregory Mankiw's "Essentials of Economics," 11th Edition. Part of today's most popular educational economics series worldwide, this essentials edition guides all types of learners to a strong foundation in key economic concepts with the latest updates, interactive practice and current examples. Carefully crafted content and proven learning features focus on the most important economic principles to avoid overwhelming students with excessive detail. The author presents the background students need at key moments in your course. This edition works seamlessly with the latest MindTap digital course solutions and student-focused resources. A leading support package by award-winning teaching economists with Aplia homework solutions and author videos provides additional relevance and learning opportunities.

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Meet the Authors

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N. Gregory Mankiw

N. Gregory Mankiw is the Robert M. Beren Professor of Economics at Harvard University. As a student, he studied economics at Princeton University and the Massachusetts Institute of Technology. As a teacher, he has taught macroeconomics, microeconomics, statistics and principles of economics. Professor Mankiw is a prolific writer and a regular participant in academic and policy debates. In addition to his teaching, research and writing, Professor Mankiw has been a research associate of the National Bureau of Economic Research and an advisor to the Federal Reserve Banks of Boston and New York and the Congressional Budget Office. From 2003 to 2005, he served as chairman of the US President’s Council of Economic Advisors and was an advisor to presidential candidate Mitt Romney during the 2012 US presidential election.

What's New

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  • NEW: MindTap now features Data Exploration activities using real data from sources like FRED and BLS, with two auto-graded parts: students analyze a hypothetical scenario and then explore actual data to connect theory with real-world application.
  • NEW: MindTap now offers AI in Action activities, powered by Bongo, where students use generative AI to research, analyze and forecast real-world economic topics -- then present findings in a written report to enhance student soft-skills.

Features

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  • NEW: Timely topics have been added to every chapter -- covering issues like antitrust cases, trade policies, consumer behavior, CPI data and monetary policy -- along with fresh discussions on artificial intelligence, sound institutions for prosperity,and irrelevance of bilateral trade deficits.
  • MindTap engages students with hallmark activities, including Video Applications to introduce important themes from Gregory Mankiw, step-by-step Video Problem Walk-Throughs for tackling tough questions and dynamic Concept Clips that make key economic terms easy to understand.
  • MindTap also includes A+ Test Prep that equips students for success with over 3,900 current test questions, many paired with Quick Coach videos for on-the-spot support -- proven to boost performance on high-stakes exams and overall course results.

Table of Contents

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About the Author.
Brief Contents.
Table of Contents.
Preface.
Part I: INTRODUCTION.
1. Ten Principles of Economics.
2. Thinking Like an Economist.
3. Interdependence and the Gains from Trade.
Part II: HOW MARKETS WORK.
4. The Market Forces of Supply and Demand.
5. Elasticity and Its Application.
6. Supply, Demand, and Government Policies.
Part III: MARKETS AND WELFARE.
7. Consumers, Producers, and the Efficiency of Markets.
8. Application: The Costs of Taxation.
9. Application: International Trade.
Part IV: THE ECONOMICS OF THE PUBLIC SECTOR.
10. Externalities.
11. Public Goods and Common Resources.
Part V: Firm Behavior and the Organization of Industry.
12. The Costs of Production.
13. Firms in Competitive Markets.
14. Monopoly.
Part VI: THE DATA OF MACROECONOMICS.
15. Measuring a Nation’s Income.
16. Measuring the Cost of Living.
Part VII: THE REAL ECONOMY IN THE LONG RUN.
17. Production and Growth.
18. Saving, Investment, and the Financial System.
19. The Basic Tools of Finance.
20. Unemployment.
Part VIII: MONEY AND PRICES IN THE LONG RUN.
21. The Monetary System.
22. Money Growth and Inflation.
Part IX: SHORT-RUN ECONOMIC FLUCTUATIONS.
23. Aggregate Demand and Aggregate Supply.
24. The Influence of Monetary and Fiscal Policy on Aggregate Demand.
Glossary.
Index.

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  • ISBN-10: 8214055415
  • ISBN-13: 9798214055411
  • RETAIL $314.95
Instructor Next Steps
Students: Buy now