Principles of Microeconomics 11th edition by Mankiw

Principles of Microeconomics, 11th edition by N. Gregory Mankiw, presents the essential tools used to analyze choices made by consumers, firms, and markets. This Cengage textbook covers scarcity, trade-offs, supply and demand, elasticity, market efficiency, taxation, externalities, production costs, competitive markets, monopoly, labor markets, and income distribution. The text emphasizes intuitive explanations, graphs, and real-world examples that help students understand how economic principles apply to everyday decisions. It is a strong fit for introductory microeconomics courses focused on market behavior, incentives, and the role of government.