PDF EBook by N. Gregory Mankiw

EBook Description

I want to get a better grasp of mainstream macroeconomic theory, even if I don't necessarily agree with it, so I picked up Mankiw's text, which is considered a standard and is more or less up to date with the Global Financial Crisis of 2007 and 2008 and its aftermath. Macroeconomics PDF EBook Unfortunately, I started smelling trouble when I saw that the equation for money demand included an exponent d which was magically whisked away on the page right after it was introduced. If that exponent is supposed to be equal to one, Mankiw never advances an argument for that being the case. I ignored these things for a while but when I reached the chapter on international trade, which I hoped would be really interesting, I saw more sloppy mathematical formatting and this guy ... just has no pedagogical sense at all. I've read quite a lot of economic literature—mostly on microeconomic theory, which is why I need a better understanding of macro—some of it quite advanced and mathematical in nature, but this guy is absolutely obtuse. Absolutely obtuse. Would not recommend.

EDIT: I later found out that the notation in question is not an exponent, but indicates "demand", and that this notation is common. One wonders why economists didn't use a subscript instead. That would actually make sense to a typical mathematically literate person. Fuck them. Like this book? Read online this: The Common Sense Parenting Learn-At-Home Video Kit [With 172 Page Spiral Bound Workbook], Macroeconomics.

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