📘 Macroeconomics | N. Gregory Mankiw & Mark P. Taylor | Cengage | 6th Edition 2026

Authors: N. Gregory Mankiw & Mark P. Taylor
Publisher: Cengage Learning India
Edition: 6th Edition
India Release: 2026
Copyright: 2023
ISBN-13: 9789366600444
Language: English
Format: Paperback
Pages: 464
MRP: ₹695
Category: Economics, Macroeconomics, Business & Economics, Higher Education Textbooks

📚 About the Book

Macroeconomics, 6th Edition 2026 by N. Gregory Mankiw and Mark P. Taylor, published by Cengage, is a comprehensive economics textbook that introduces students to the principles, theories and policy issues that shape national and global economies. Designed for higher-education learners, this book explains how economists analyse economic performance, understand changes in living standards and evaluate the impact of government and central bank policies.

Macroeconomics focuses on the economy as a whole, including national income, economic growth, inflation, unemployment, interest rates, monetary policy, fiscal policy, business cycles and international economic relationships. This textbook connects core economic principles with real-world developments, helping students understand how economic theories apply to contemporary challenges.

The sixth edition explores how economic thinking relates to major global events, including the COVID-19 pandemic, Brexit, geopolitical conflicts and continuing economic uncertainty. With clear explanations, case studies, current examples, review questions and problem-solving exercises, it supports both conceptual learning and practical application.

Whether you are studying economics at university, pursuing a business or management qualification, or strengthening your understanding of economic policy, Macroeconomics by Mankiw and Taylor is a valuable resource for developing a solid foundation in modern macroeconomic analysis.

⭐ Key Features of Macroeconomics, 6th Edition

• Comprehensive macroeconomic concepts: Develop an understanding of national income, economic growth, inflation, unemployment and economic fluctuations.

• Clear and accessible explanations: Learn important economic principles through structured explanations designed to support conceptual understanding.

• Real-world economic applications: Connect macroeconomic theories with contemporary global developments and policy debates.

• Updated case studies: Explore economic issues through topical case studies and In the News features.

• Critical-thinking development: Use chapter review and discussion questions to strengthen analytical skills.

• Problems and Applications: Practise applying economic concepts to questions and practical economic situations.

• Monetary and fiscal policy: Understand how policy decisions influence aggregate demand, inflation and economic performance.

• International macroeconomics: Study economic shocks, international economic relationships, currency arrangements and European economic developments.

• Contemporary economic perspectives: Explore topics involving globalisation, digitisation, the gig economy and sustainability economics.

📖 What This Book Covers

1. Introduction to Economics

Understand the scope of economics, the importance of economic reasoning and the principles economists use to analyse decisions, markets and economic outcomes.

2. Measuring Economic Performance

Study the measurement of national wellbeing and the price level, including the economic indicators used to evaluate a country's performance.

3. Production, Growth and Unemployment

Explore long-run economic growth, productivity, labour markets and unemployment. Understand the factors that influence living standards and the productive capacity of an economy.

4. Saving, Investment and the Financial System

Learn how saving and investment interact with financial institutions and influence capital formation and long-run economic growth.

5. The Monetary System

Understand the role of money in the economy and the relationship between monetary conditions, interest rates, inflation and economic activity.

6. Open-Economy Macroeconomics

Examine international economic relationships, economic shocks and the interaction between domestic economic activity and the global economy.

7. Business Cycles and Keynesian Economics

Study short-run economic fluctuations and Keynesian approaches to understanding changes in output, employment and aggregate demand. The book also introduces IS–LM analysis.

8. Aggregate Demand and Aggregate Supply

Learn how aggregate demand and aggregate supply help explain changes in output and the overall price level, including short-run economic fluctuations.

9. Monetary and Fiscal Policy

Explore how government spending, taxation and monetary policy affect aggregate demand and economic performance. Understand the role of policy decisions in responding to economic challenges.

10. Inflation and Unemployment

Study the short-run trade-off between inflation and unemployment, along with the economic reasoning used to analyse these important macroeconomic issues.

11. Supply-Side Policies

Understand policies intended to influence production, incentives, productivity and the long-run performance of an economy.

12. International Macroeconomics and Sustainability

Explore economic shocks, common currency areas, the European Union and sustainability economics to develop a broader understanding of contemporary macroeconomic challenges.

The coverage above follows Cengage's published contents for the sixth edition. Refer to the printed book for the full chapter structure, examples and exercises.

🎯 Who Should Buy This Book?

Macroeconomics, 6th Edition is suitable for:

• BA Economics students studying introductory and intermediate macroeconomic concepts.

• MA Economics students revising core macroeconomic principles and policy frameworks.

• B.Com students studying economics as part of their commerce curriculum.

• BBA and MBA students learning business economics and the economic environment of business.

• Economics and management learners preparing for university examinations.

• Competitive examination aspirants who need supplementary reading on macroeconomic fundamentals.

• Research-oriented learners developing a foundation for further study in economic analysis.

• College and university libraries seeking a recognised higher-education economics textbook.

Suitability for a particular university course or competitive examination depends on the prescribed syllabus.

📈 Why Is Macroeconomics Important?

Macroeconomics helps explain why economies grow, why prices rise, why unemployment changes and how public policy affects households and businesses. These concepts are essential for understanding economic news, government budgets, central bank decisions and changes in the global business environment.

Studying this subject helps learners:

• Understand GDP and economic growth and how economic performance is measured.

• Analyse inflation and unemployment and their effects on households and businesses.

• Understand monetary policy and the role of money and interest rates.

• Evaluate fiscal policy and the effects of government spending and taxation.

• Interpret business cycles and the causes of economic expansion and contraction.

• Understand international economic issues and the connections between national and global markets.

• Develop analytical thinking for economics, finance, management and policy-related studies.

📚 Why Choose Macroeconomics by Mankiw and Taylor?

The sixth edition combines foundational economic principles with contemporary examples and structured learning activities. Its organisation helps students progress from basic macroeconomic concepts to more complex questions involving economic fluctuations, policy decisions and international economic developments.

The inclusion of case studies, review questions and problem-solving exercises makes the book useful for learners who want to understand not only the definitions of economic concepts but also how those concepts can be applied to real-world situations.

For students seeking a comprehensive macroeconomics textbook from Cengage, this title offers a structured introduction to the key models, indicators and policy debates used in modern economic analysis.

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