Principles of Microeconomics

Key differences between 8th and 7th editions

• Time lapse between current and previous editions: 3 years (2017 vs 2014).
• Mankiw's Principles of Microeconomics was first published in 1997.
• New Principles of Microeconomics 8e textbook is organized into the same 22 chaprters as the previous 7e.
• New Case Study boxes:
• Adam Smith would have loved Uber company
• Should There Be a Market for Organs?
• Eighth edition offers new Ask the Expert boxes
• Ticket resale (Ch. 2)
• Trade relationship between China and the United States (Ch. 3)
• Price gouging (Ch. 4)
• Rent control (Ch. 5)
• The Laffer Curve theory (Ch. 6)
• Trade deals (Ch. 9)
• Vaccines (Ch. 10)
• Congesting pricing (Ch. 11)
• Airline mergers (Ch. 15)
• Nash Equilibrium (a concept of game theory) (Ch. 17)
• Immigration (Ch. 18)
• Inequality and skills (Ch. 19)