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Principles of Microeconomics

3.81  ·  Rating details ·  953 ratings  ·  62 reviews
Mankiw's Principles of Economics textbooks continue to be the most popular and widely used text in the economics classroom. PRINCIPLES OF MICROECONOMICS, 4th Edition features a strong revision of content in all 22 chapters while maintaining the clear and accessible writing style that is the hallmark of the highly respected author. The 4th edition also features an expanded ...more
Paperback, Fourth Edition, 568 pages
Published January 27th 2006 by South Western Educational Publishing (first published July 28th 1997)
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Amit Mishra
May 28, 2019 rated it really liked it
I strongly prefer this argument that academic writing is really difficult. You don't have the creative freedom to do something new. In the case of economics, it is more restricted.
However, you can simplify things and present them to the readers. And Prof Mankiw has done the same. His language is lucid and pretty easy that can be understood by any student. It starts from basic and provides us with lots of information and goes in-depth analysis of a certain topic as well. The section For Your Inf
Dec 01, 2017 rated it liked it  ·  review of another edition
Shelves: economics
First 22 chapters of Mankiw's Principles of Economics contains this book. I couldn't find any reliable information about differences of these two books when choosing which one to read so I felt obligated to share it. ...more
Nov 11, 2012 rated it it was amazing
Shelves: economics
FANTASTIC Text Book. Mankiw explanes principles in an incredible way. Reading this book gives the reader the lexicon and understanding needed to proceed in additional economic reading and a framework to develop strong articulate opinions on economic outcomes.
Nicholas Metherall
May 03, 2020 rated it liked it
Holy Canoli! Wowzers! What a welcome to the world of Microeconomics!

From opportunity cost to division of labour! This textbook provided me with the underlying theory, principles needed to understand the world of firms, supply and demand!

With ample case studies and plenty of exercises to work through, this book will set you up for your introduction to set out on your journey as an economist!

Get ready to be 'supplied' with knowledge and to 'demand' more books like this!
Barack Liu
May 03, 2020 rated it it was amazing

024-Principles of Microeconomics-Gregory Mankiw-Economics-1991

——The cost of something is what we have to give up to get it.

" Principles of Microeconomics " first published in 1998. It is a "Bachelor of Economics introductory textbook".

Gregory Mankiw was born in Ukraine in 1958 and later emigrated to the United States with his family. At 29, he became one of the youngest tenured professors in Harvard history. Representative works: "Economic Principles", "Macroeconomics", etc.

Economics is es
Jul 04, 2017 rated it it was amazing
Everyone should read an economics textbook and this is a good one.

Most of the big concepts are simple to understand but incredibly powerful. Things like opportunity cost, comparative advantage, importance of incentives, dead weight loss, etc. they can help you understand how we might fix some of the big problems in both society and within our own lives.

This is not exciting reading but I think it’s important reading.
May 24, 2009 rated it really liked it  ·  review of another edition
While Principles of Microeconomics is still as easy to read as Principles of Macroeconomics, there's a lot of copying and pasting from one book to another for the first eight chapters. This textbook also skims a lot of important topics and is very, very heavy on the laissez-faire free market belief when Microeconomics is supposed to be exploring other types of markets and regulating markets. ...more
Feb 05, 2010 rated it really liked it
Laura Cifuentes Cepeda
Apr 08, 2020 rated it it was amazing
I read this book last year and I must confess it has become one of my favorites. The reason is not only that I am interested in economics subjects, but that it explains really good the topics that may seem hard sometimes. The way to explain the material is really effective and a plus about this book is that it has an online version where you can watch videos and practice to ensure full understanding. I recommend this book for people who wants to learn the basic principles of microeconomics in an ...more
Hani Moe
May 06, 2020 rated it really liked it  ·  review of another edition
This is a great book. I had no background in economics before reading it and have a decent grasp of micro economics after completing it.

It covers all the basic and advances theories of microeconomics step by step with some quizzes in between sections of each chapter and some good tasks at the end of each chapter. It offers a good introduction into neoclassicism and dips into basic political theory and economy at times. I strongly recommend this book to anyone intending to develop a brief backgr
The author does a fine job of laying out each topic and new idea in a succinct and understandable way. I enjoyed how he didn't insert his opinion into the discussion, but rather stuck with the facts, reason, and evidence. My only problem with it is that he sometimes repeats himself, and it gets annoying. I'd recommend this book to anyone interested in studying economics at the introductory level.
Julian Jawad Ahmad
This is basically a textbook, which I read in a University course, Introduction to Microeconomics. It has explained the concepts with plenty of real-life situations, examples--easy to relate--which helps and make it more easy to read. Adequate numbers of mathematical problems are included to understand the topic. The course was an easy one, so I give credit to the book.
May 06, 2018 rated it really liked it
with all it's complex features, our economical system will always dazzle us all. with this book at hand you surely are prepared and ready to tackle all the misconceptions and biased opinions when look at economy's phenomenons. an undergradute go to. ...more
Caiden Tays
Dec 09, 2019 rated it did not like it
Ya Econ ain’t it.. Literally made me want to create my own 13 reasons like jesus worst thing i’ve ever read🤷🏻‍♀️like wtf is elasticity? worst job explaining this and only think I learned was what a sunk cost is so thank you Econ.
Martin Perez
Dec 14, 2016 rated it really liked it
Extremely clear, anecdotal explanation of Economics. Makes very distant concepts tangible to the unexposed first year college student.
Emtiaz Hossain  Hritan
Oct 01, 2017 rated it it was amazing
Amazing Book for the beginners....I have never read a such simple book.
Christina McNeice
Jun 18, 2018 rated it really liked it  ·  review of another edition
Good for the class, basically just read the book and aced the class.
Jul 15, 2018 rated it it was amazing
A really great book! After reading it, you'll understand better how society works from an economic perspective. ...more
May 21, 2020 rated it it was amazing
Good book with deep thoughts. It was a challenge to read it for me.
Jamie Penwell
Sep 25, 2020 rated it it was amazing
For a text book it wasn't bad easy to read and find what your looking for ...more
Diego Esteves
Jan 29, 2021 rated it it was amazing
Excellent intro book to learn about microeconomics. Does a good job of explaining the theories and where they break down.
Lexivore Hudon
Oct 04, 2016 rated it really liked it  ·  review of another edition
Shelves: school
Pretty good book. My professor used it to present the information in a way I understood.
Dec 31, 2015 rated it really liked it  ·  review of another edition
This is a pretty readable book covering a lot of the major topics, but I still didn't particularly enjoy it because it is intended to be a first-year course in Microeconomics and seems to leave out any Calculus-based analysis and many other topics that I consider to be core Microeconomic concepts like production and labor, and more elaborate studies in Game Theory. I suppose such a course is acceptable for students who cannot handle difficult subjects, like business majors. And so I still gave i ...more
John Borthwick
This was one of the text books I had to read for an "Economics for Public Finance" in my policy program. I took macro in undergrad and read some text books on my own on economics thereafter so that is what I have to compare Mankiw to. This book deserves a review and 5 star rating because, while it's still just a general economic concept text book, it does its job incredibly well. Mankiw's style is extremely clear and he does a much better job than other text books in making the conceptual both e ...more
I would probably consider this one as the best book on Microeconomics I've come across.
Perloff's Microeconomics would be a very close second.
Both are packed with information, and written in a super clear and straightforward way.
Recommended to anyone who wants to learn the discipline and needs a solid introduction.

I used Mankiw's as a reference while completing the online course in Microeconomics Principles by University of Illinois at Urbana-Champaign.
Jun 13, 2007 rated it it was ok
Shelves: economics
Lays on the laissez-faire free market stuff very very thick. Mankiw makes some fairly basic fallacies of equation (e.g. his ideas on net job gains from breakdown of trade barriers fail to differentiate between types of jobs -- such as programming vs. Wal-Mart checkout clerk) but generally a decent economics book that nicely explain why many commonly held economic beliefs are uninformed knee-jerk mistakes.
Nov 02, 2008 rated it liked it
On the plus side this is a fairly well written and easy to understand textbook about a less than thrilling topic. On the down side, the author was an economic adviser to George W. Bush. This shows in his ardent belief of supply side economics and his cursory attention to equity. The book's online problems are helpful. ...more
Sep 22, 2009 rated it liked it  ·  review of another edition
Shelves: economics, e-book
I had access to an online version through Aplia and I read that too. The writing style is excellent and the layouts are nice, but I would have liked the formulas to be explained better. I had to review other books and ask friends for help on early homework probs. So if it's been a few years (or ahem, ten) since you've done algebra or calculus, get yourself a companion guide. ...more
Heather Leung
Sep 09, 2012 rated it liked it
This book was assigned to me by my college now class .
But I must say, for a textbook, this was actually not a bad read.
The language was not extra serious and it gave many examples that helped me understand different concepts because it was easy to relate too.
I think this would be my favorite textbook I ever read .
May 28, 2018 marked it as to-keep-reference
Shelves: micro2
...the Principles of Microeconomics by Harvard professor Greg Mankiw has an excellent chapter titled “Income Inequality and Poverty,” but it is separate from the earlier chapters...

Inequality Pág.15
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American "new keynesian" macroeconomist. From 2003 to 2005, Mankiw was the chairman of President Bush's Council of Economic Advisors.He has since resumed teaching at Harvard, taking over the introductory economics course Social Analysis 10. More at Wikipedia. ...more

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