Mankiw's Principles of Economics (Volume) (8th Edition) notes and detailed explanations of the exercises (including the past papers for the postgraduate examination).
Directory. CHAPTER 1 INTRODUCTION.
Chapter 1: Ten Principles of Economics.
1.1 Review your notes.
1.2. Detailed explanation of the exercises after class.
1.3 Detailed explanations of the past questions of the postgraduate entrance examination of famous schools.
Chapter 2 Think Like an Economist.
2.1 Review your notes.
2.2. Detailed explanation of the exercises after class.
2.3 Detailed explanations of the past questions of the postgraduate entrance examination of famous schools.
Chapter 3 Interdependence and the Benefits of **.
3.1 Review your notes.
3.2. Detailed explanation of the exercises after class.
3.3 Detailed explanations of the past questions of the postgraduate entrance examination of famous schools.
Chapter 2 How the market works.
Chapter 4: Market Forces of Supply and Demand.
4.1 Review your notes.
4.2. Detailed explanation of the exercises after class.
4.3 Detailed explanations of the past questions of the postgraduate entrance examination of famous schools.
Chapter 5 Resilience and its Applications.
5.1 Review your notes.
5.2. Detailed explanation of the exercises after class.
5.3 Detailed explanations of the past questions of the postgraduate entrance examination of famous schools.
Chapter 6: Supply, Demand, and Policy.
6.1 Review your notes.
6.2. Detailed explanation of the exercises after class.
6.3 Detailed explanations of the past questions of the postgraduate entrance examination of famous schools.
CHAPTER 3 MARKETS AND WELFARE.
Chapter 7 Consumers, Producers and Market Efficiency.
7.1 Review your notes.
7.2. Detailed explanation of the exercises after class.
7.3 Detailed explanations of the past questions of the postgraduate entrance examination of famous schools.
Chapter 8: Applications: The Cost of Taxes.
8.1 Review your notes.
8.2. Detailed explanation of the exercises after class.
8.3 Detailed explanations of the past questions of the postgraduate entrance examination of famous schools.
Chapter 9 Applications: International**.
9.1 Review your notes.
9.2. Detailed explanation of the exercises after class.
9.3 Detailed explanations of the past questions of the postgraduate entrance examination of famous schools.
Chapter 4 Public Sector Economics.
Chapter 10: Externalities.
10.1 Review your notes.
10.2. Detailed explanation of the exercises after class.
10.3 Detailed explanations of the past questions of the postgraduate entrance examination of famous schools.
Chapter 11 Public Goods and Public Resources.
11.1 Review your notes.
11.2. Detailed explanation of the exercises after class.
11.3 Detailed explanations of the past questions of the postgraduate entrance examination of famous schools.
Chapter 12 Design of the tax system.
12.1 Review your notes.
12.2. Detailed explanation of the exercises after class.
12.3 Detailed explanations of the past questions of the postgraduate entrance examination of famous schools.
Chapter 5 Corporate Behavior and Industrial Organization.
Chapter 13: Production Costs.
13.1 Review your notes.
13.2. Detailed explanation of the exercises after class.
13.3 Detailed explanations of the past questions of the postgraduate entrance examination of famous schools.
14. Companies in the Competitive Market.
14.1 Review your notes.
14.2. Detailed explanation of the exercises after class.
14.3 Detailed explanations of the past questions of the postgraduate entrance examination of famous schools.
Chapter 15 Ridge Breaking.
15.1 Review your notes.
15.2. Detailed explanation of the exercises after class.
15.3 Detailed explanations of the past questions of the postgraduate entrance examination of famous schools.
Chapter 16 Monopolistic Competition.
16.1 Review your notes.
16.2. Detailed explanation of the exercises after class.
16.3 Detailed explanations of the past questions of the postgraduate entrance examination of famous schools.
Chapter 17: Oligarchs.
17.1 Review your notes.
17.2. Detailed explanation of the exercises after class.
17.3 Detailed explanations of the past questions of the postgraduate entrance examination of famous schools.
Chapter 6 Economics of the Labor Market.
18. Factors of Production Market.
18.1 Review your notes.
18.2. Detailed explanation of the exercises after class.
18.3 Detailed explanations of the past questions of the postgraduate entrance examination of famous schools.
Chapter 19 Income and Discrimination.
19.1 Review your notes.
19.2. Detailed explanation of the exercises after class.
19.3 Detailed explanations of the past questions of the postgraduate entrance examination of famous schools.
Chapter 20 Income Inequality and Poverty.
20.1 Review your notes.
20.2. Detailed explanation of the exercises after class.
20.3 Detailed explanations of the past questions of the postgraduate entrance examination of famous schools.
Chapter 7 Topics for in-depth research.
Chapter 21: Consumer Choice Theory.
21.1 Review your notes.
21.2. Detailed explanation of the exercises after class.
21.3 Detailed explanations of the past questions of the postgraduate entrance examination of famous schools.
Chapter 22 Frontiers of Microeconomics.
22.1 Review your notes.
22.2. Detailed explanation of the exercises after class.
22.3 Detailed explanations of the past questions of the postgraduate entrance examination of famous schools.
Content preview. CHAPTER 1 INTRODUCTION.
Chapter 1: Ten Principles of Economics.
1.1 Review your notes.
Knowledge Framework].
Summary of the difficulties of the test site].
Test 1: Economics
Economics is the study of how scarce resources can be used to produce valuable goods and services and distribute them among different people. The problem of economics research is premised on the scarcity of resources.
Scarcity refers to the fact that the resources to meet human needs are limited relative to their diverse and infinite needs. This creates a contradiction between the finite nature of resources and the infinite nature of human desires. On this basis, economists examine the three questions of what to produce with limited resources, how to produce it, and for whom it is produced from the perspective of economics.
Test Point 2: Basic conclusions about individual decision-making (see Table 1-1).
Table 1-1 Basic conclusions about individual decision-making.
Test Point 3: Basic conclusions about the interaction between people (see Table 1-2).
Table 1-2 Basic conclusions about how people interact with each other.
Test Point 4: Basic conclusions on how the overall economy works (see Table 1-3).
Table 1-3 Basic conclusions on how the economy as a whole works.