For courses in the principles of macroeconomics.   The relevance of macroeconomics shown through real-world business examples The authors of Macroeconomics help foster interest in the discipline’s concepts, and make the key principles of this topic relevant to students’ lives by demonstrating how real businesses use macroeconomics to make decisions every day. With ever-changing US and world economies, the 7th Edition has been updated with the latest developments using new real-world business and policy examples. Regardless of their future career path -- opening an art studio, trading on Wall Street, or bartending at the local pub, students will benefit from understanding the macroeconomic forces behind their work.   Also available with MyLab Economics By combining trusted author content with digital tools and a flexible platform, MyLab personalizes the learning experience and improves results for each student. Note: You are purchasing a standalone product; MyLab Economics does not come packaged with this content. Students, if interested in purchasing this title with MyLab Economics, ask your instructor to confirm the correct package ISBN and Course ID. Instructors, contact your Pearson representative for more information. If you would like to purchase both the physical text and MyLab Economics, search for:   0134890248 / 9780134890241 Macroeconomics Plus MyLab Economics with Pearson eText -- Access Card Package, 7/e     Package consists of: 0134738314 / 9780134738314 Macroeconomics0134739442 / 9780134739441 MyLab Economics with Pearson eText -- Access Card -- for Macroeconomics  
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PART I: INTRODUCTION 1. Economics: Foundations and Models Appendix: Using Graphs and Formulas 2. Trade-offs, Comparative Advantage, and the Market System 3. Where Prices Come From: The Interaction of Demand and Supply 4. Economic Efficiency, Government Price Setting, and Taxes Appendix: Quantitative Demand and Supply Analysis 5. The Economics of Health Care PART II: FIRMS IN THE DOMESTIC AND INTERNATIONAL ECONOMIES 6. Firms, the Stock Market, and Corporate Governance Appendix: Tools to Analyze Firms’ Financial Information 7. Comparative Advantage and the Gains from International Trade   PART III: MACROECONOMIC FOUNDATIONS AND LONG-RUN GROWTH 8. GDP: Measuring Total Production and Income 9. Unemployment and Inflation 10. Economic Growth, the Financial System, and Business Cycles 11. Long-Run Economic Growth: Sources and Policies   PART IV: SHORT-RUN FLUCTUATIONS 12. Aggregate Expenditure and Output in the Short Run Appendix: The Algebra of Macroeconomic Equilibrium 13. Aggregate Demand and Aggregate Supply Analysis Appendix: Macroeconomic Schools of Thought   PART V: MONETARY AND FISCAL POLICY 14. Money, Banks, and the Federal Reserve System 15.Monetary Policy 16.Fiscal Policy Appendix: A Closer Look at the Multiplier 17. Inflation, Unemployment, and Federal Reserve Policy   PART VI: THE INTERNATIONAL ECONOMY 18. Macroeconomics in an Open Economy 19. The International Financial System Appendix: The Gold Standard and the Bretton Woods System    
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Hallmark features of this title Complete economics coverage Real-world business examples and applications help students become educated consumers, voters, and citizens.Coverage includes how insurance companies are dealing with the effects of the Patient Protection and Affordable Care Act of 2010. Authors examine the 2017 debate in Congress over whether that act should be extensively revised (Ch. 5).Discussion of how the Fed's attempts to bring the economy in for a soft landing will affect General Motors, Toll Brothers and other firms (Ch. 9).Material looks at the effect of fluctuations in exchange rates on Amazon's profit.
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New and updated features of this title Real-world coverage NEW and UPDATED: Chapter-Opening Cases illustrate how the economic concepts presented in the text impact real-life businesses. Student-focused features NEW: An Inside Look boxes use news articles to teach students how to apply economic thinking to current events and policy debates.NEW: 60+ Apply the Concepts features reinforce key concepts and help students interpret the news. They include “Millennials Shake Up the Markets for Soda, Groceries, Big Macs and Running Shoes” and “Forecasting the Demand for Premium Bottled Water.” Engaging practice NEW: Critical-Thinking Sections include end-of-chapter exercise sets, consisting of 2 to 4 real-world problems, which explain key concepts and encourage students to do their own research.NEW: Solved Problems show students how to solve an economic problem by breaking it down step by step.
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Produktdetaljer

ISBN
9780134738314
Publisert
2018-04-03
Utgave
7. utgave
Utgiver
Vendor
Pearson
Vekt
1360 gr
Høyde
269 mm
Bredde
213 mm
Dybde
20 mm
Aldersnivå
U, 05
Språk
Product language
Engelsk
Format
Product format
Heftet
Antall sider
768

Biographical note

About our authors

Glenn Hubbard, policymaker, professor, and researcher. Hubbard is Dean emeritus and Russell L. Carson Professor of Finance and Economics in the Graduate School of Business at Columbia University and professor of economics in Columbia's Faculty of Arts and Sciences. He is also a research associate of the National Bureau of Economic Research and a director of Automatic Data Processing, Black Rock Fixed-Income Funds, and MetLife. He received a PhD in economics from Harvard University in 1983. From 2001 to 2003, he served as chair of the White House Council of Economic Advisers and chair of the OECD Economic Policy Committee, and from 1991 to 1993, he was deputy assistant secretary of the US Treasury Department. He currently serves as co-chair of the nonpartisan Committee on Capital Markets Regulation. Hubbard's fields of specialization are public economics, financial markets and institutions, corporate finance, macroeconomics, industrial organization, and public policy. He is the author of more than 100 articles in leading journals, including American Economic Review; Brookings Papers on Economic Activity; Journal of Finance; Journal of Financial Economics; Journal of Money, Credit, and Banking; Journal of Political Economy; Journal of Public Economics; Quarterly Journal of Economics; RAND Journal of Economics; and Review of Economics and Statistics. His research has been supported by grants from the National Science Foundation, the National Bureau of Economic Research, and numerous private foundations.

Tony O'Brien, award-winning professor and researcher. O'Brien is a professor of economics at Lehigh University. He received a PhD from the University of California, Berkeley, in 1987. He has taught principles of economics for more than 20 years, in both large sections and small honors classes. He received the Lehigh University Award for Distinguished Teaching. He was formerly the director of the Diamond Center for Economic Education and was named a Dana Foundation Faculty Fellow and Lehigh Class of 1961 Professor of Economics. He has been a visiting professor at the University of California, Santa Barbara, and the Graduate School of Industrial Administration at Carnegie Mellon University. O'Brien's research has dealt with issues such as the evolution of the US automobile industry, the sources of US economic competitiveness, the development of US trade policy, the causes of the Great Depression, and the causes of black-white income differences. His research has been published in leading journals, including American Economic Review; Quarterly Journal of Economics; Journal of Money, Credit, and Banking; Industrial Relations; Journal of Economic History; and Explorations in Economic History. His research has been supported by grants from government agencies and private foundations.