In this book, distinguished professors Mankiw and Taylor present and analyze the material that constitutes the usual content of introductory textbooks in Economic Theory, based on two elements: the existing institutional framework of the free market and ten principles of economic behavior of individuals.

The content of the book covers the material taught in Microeconomics and Macroeconomics courses, namely the theory of price determination of goods and productive factors, income determination, international trade, the labor market, the public sector, economic development, market forms, money markets, etc.

[Excerpt from the text on the back cover of the edition]