Master the principles of economics, and gain an understanding of current economic situations with the solid introduction and policy-based examples and applications found in MACROECONOMICS: PRINCIPLES AND POLICY, 13E. Written by two of the most respected economists in the world, this edition provides significant updates that reflect the latest economic situations and timely economic data. The authors combine the right level of rigor and detail to clarify even the most complicated concepts. Well-developed examples, intriguing puzzles and meaningful economic issues provide a good balance of theory to application.
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Helps you take a policy-based approach to teaching introductory economics. In this title, significant updates reflect the most recent economic events and policy developments, which the authors skillfully relate to the book's concepts and principles using the right level of rigor and detail.
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PART I: GETTING ACQUAINTED WITH ECONOMICS.
1. What Is Economics?
2. The Economy: Myth and Reality.
3. The Fundamental Economic Problem: Scarcity and Choice.
4. Supply and Demand: An Initial Look.
PART II: THE MACROECONOMY: AGGREGATE SUPPLY AND DEMAND.
5. An Introduction to Macroeconomics.
6. The Goals of Macroeconomic Policy.
7. Economic Growth: Theory and Policy.
8. Aggregate Demand and the Powerful Consumer.
9. Demand-Side Equilibrium: Unemployment or Inflation?
10. Bringing in the Supply Side: Unemployment and Inflation?
PART III: FISCAL AND MONETARY POLICY.
11. Managing Aggregate Demand: Fiscal Policy.
12. Money and the Banking System.
13. Monetary Policy: Conventional and Unconventional.
14. The Financial Crisis and the Great Recession.
15. The Debate over Monetary and Fiscal Policy.
16. Budget Deficits in the Short and Long Run.
17. The Trade-Off Between Inflation and Unemployment.
PART IV: THE UNITED STATES IN THE WORLD ECONOMY.
18. International Trade and Comparative Advantage.
19. The International Monetary System: Order or Disorder?
20. Exchange Rates and the Macroeconomy.
Appendix: Answers to Odd-Numbered Test Yourself Questions.
Glossary.
Index.
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Produktdetaljer
ISBN
9781305280601
Publisert
2015-03-24
Utgave
13. utgave
Utgiver
Vendor
South-Western College Publishing
Vekt
998 gr
Høyde
276 mm
Bredde
217 mm
Dybde
15 mm
Aldersnivå
05, U
Språk
Product language
Engelsk
Format
Product format
Heftet
Antall sider
464