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Mankiw was born in Trenton, New Jersey. He received his high school diploma from The Pingry School in 1976, graduated from Princeton University summa cum laude in 1980 with an A.B. in Economics, and earned his PhD from MIT in 1984. He has written a popular college-level economics textbook, entitled Principles of Economics, and was a professor at Harvard University before being appointed Chairman of the Council of Economic Advisors to the President of the United States in May 2003.