Name: Principles of Macroeconomics
ISBN: 9780130109934

Principles of Macroeconomics

« Écrit dans un style clair, concis et direct, Principes de macroéconomie est le manuel idéal pour entreprendre l'étude des sciences économiques. Cette deuxième édition conserve la force et la rigueur du travail original de Gregory Mankiw, tout en présentant un contenu adapté à la réalité des étudiants canadiens et québécois. Ainsi, les auteurs misent sur une approche éprouvée, fondée sur la présentation de dix principes d'économie, permettant d'arborer de façon progressive les sujets essentiels de la macroéconomie. Des applications et des exemples concrets s'ajoutent aux compléments théoriques et aux retours sur l'histoire de la pensée économique pour offrir un juste équilibre entre la théorie, l'application et la politique économique. Enfin, les résumés, les concepts clés et les questions de révision présentés à la fin de chaque chapitre constituent de précieux outils pour la vérification de la compréhension de la matière. Dans cette deuxième édition -- qui s'adresse aux étudiants du 1er cycle universitaire inscrits au cours d'introduction à la macroéconomie --, on trouve une nouvelle mise en page dynamique et en couleurs, une mise à jour des différentes données et de nouveaux sujets d'actualité. En plus, les turbulences économiques récentes font l'objet de plusieurs exemples pour appuyer les concepts qui permettent de mieux les comprendre. »

What Hacker News says

icedchocolateMar 2019

Most important thing to know about economics, from Mankiw & studying economics both at school and uni: (1) Resources are limited, but our desire is unlimited. The function of the market is to find the equilibrium amount of each thing to produce, at a certain price. Also, there is always a market, even if money is totally removed. We will always have things to divide up between us. (2) The demand/supply curve. It honestly is unbelievably important and you won’t understand the fundamentals until you understand this, imo. Marx didn’t understand the economy because he didn’t understand this, he only understood the supply part of the equation (a friend who took the history of economic thought & passed his notes onto me taught me this). Practice using this to understand a government policy that impacts the market, think through what it does to prices, volumes, and the curves themselves.

Basic accounting concepts and terminology is also quite useful, as another commenter said. Then the function of the central banks, why they do what they do, and how.

I do recommend, to understand the GFC, Reading “Financial Accounting Theory”, by William R. Scott, pages 9-15 (section 1.3). If you want to understand dodgy accounting, this is also a good book. Aside from Mankiw’s principles of Microeconomics, Bernanke’s Principles of Macroeconomics is also good.

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kevinnkMay 2017

I've recommended to plenty of people that they read "Principles of Macroeconomics" by Greg Mankiw, but weirdly enough no one has. Maybe I just didn't urge urge urge them enough?

Actually, if you believe economics hasn't changed since the 18th century you really should read it. Who knows, maybe you'll even reevaluate your understanding of economics.

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Nicholas_CFeb 2016

Hey OP, like another poster said I think an introductory college macroeconomics textbook would be great. Most use a model based approach without bringing in crazy math to do so. A book I used in college that I think would be good is "Principles of Macroeconomics" by Gregory Mankiw. No need to buy the latest edition, the content doesn't change too much.

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unmoleMar 2022

> The example you pointedly ignored that I posted above is one such example.

Nobody thinks this is the mainstream consensus view, not even Graeber.

> The story serves the same purpose either way

> It is which is why Graeber did explain why it's important.

The whole thread is about why Graber's just-so explanations are wrong. And your arguments are materially different from what is actually in the text.

> I guess we both misremembered.

From The Principles of Macroeconomics, 3rd Edition. Chapter 15 - The Monetary System

> The social custom of using money for transactions is extraordinarily useful in a large, complex society. Imagine, for a moment, that there was no item in the economy widely accepted in exchange for goods and services.

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