The 7 th edition of principles of economics was published in 2014 by cengage. The book begins with a simple introduction to economics as a social science, moves on to basic economic problems of individuals, firms and the society focusing on the problem of scarcity and choice, and finally discusses the higher levels of economic theories. Principles of economics by n gregory mankiw alibris. Divided into six major books, it deals with fundamentals like wealth, income, capital, wants and deferred satisfaction, agents of production like land, agriculture, industry, health of working populations. Cowell sticerd and department of economics london school of economics december 2004.
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