The instructor’s material that accompanies the five versions of Mankiw’s Principles of
Economics, Fourth Edition textbooks address the needs of both novice and experienced
instructors. To meet the needs of these two groups, this Instructor’s Manual with
Solutions Manual comprises both chapter outlines and teaching tips as well as solutions
to all of the questions and problems found in the textbook.
Linda Ghent of Eastern Illinois University prepared the main portion of each chapter
including a synopsis of what is new in this edition compared to the third edition. Her
work for each chapter also includes a list of learning objectives and key points. These
items are followed by detailed chapter outlines that focus on the content found in the
textbook. Helpful tips and icons occasionally interrupt these outlines. The bomb icon
(Warnings) indicates areas where students may have particular difficulty with the
material. The light bulb icon (Bright Ideas) offers ideas for presenting the material in a
new or more thoughtful way. Also included in each chapter of the Instructor’s Manual
are classroom activities, developed in part by Charles Stull of Kalamazoo College. Each
activity provides important details to assist in planning as well as clear instructions for
leading the activity. Recommended “Points for Discussion” connect the activity to the
relevant economic concepts discussed in the chapter.
Using these resources, an instructor can quickly review the chapter learning objectives
and chapter summaries to make sure their lecture notes cover everything in the text
chapter. In addition, the chapter outlines are designed as a base for creating lecture
notes for novice instructors. They may also be used as a complete set of notes for more
experienced instructors. Therefore, this supplement is also available electronically from
the product support Web site (http://mankiw.swlearning.com).
For queries and grading, the Instructor’s Manual contains solutions to exercises from
the textbook. Dean Croushore (University of Richmond) prepared many of the solutions
for the “Quick Quizzes,” “ Questions for Review,” and “Problems and Applications”
found in the textbook.
Author(s): N. Gregory Mankiw
Edition: 4
Publisher: Thomson Higher Education
Year: 2007
Language: English
Pages: 448
City: Mason
Chapter 1 Ten Principles of Economics 1
Chapter 2 Thinking Like an Economist 17
Chapter 3 Interdependence and the Gains from Trade 37
Chapter 4 The Market Forces of Supply and Demand 53
Chapter 5 Elasticity and Its Application 91
Chapter 6 Supply, Demand, and Government Policies 111
Chapter 7 Consumers, Producers, and the Efficiency of Markets 131
Chapter 8 Application: The Costs of Taxation 155
Chapter 9 Application: International Trade 175
Chapter 10 Externalities 197
Chapter 11 Public Goods and Common Resources 215
Chapter 12 The Design of the Tax System 227
Chapter 13 The Costs of Production 243
Chapter 14 Firms in Competitive Markets 265
Chapter 15 Monopoly 289
Chapter 16 Oligopoly 315
Chapter 17 Monopolistic Competition 335
Chapter 18 The Markets for the Factors of Production 351
Chapter 19 Earnings and Discrimination 371
Chapter 20 Income Inequality and Poverty 383
Chapter 21 The Theory of Consumer Choice 395
Chapter 22 Frontiers of Microeconomics 425
