Macroeconomics

by Colander, David

• ISBN13: 9780077247171
• ISBN10: 0077247175
• Edition: 8th
• Format: Paperback
• Copyright: 2009-10-19
• Publisher: McGraw-Hill/Irwin

Summary

Written in an informal colloquial style, this student-friendly Principles of Macroeconomics textbook does not sacrifice intellectual depth in its quest for accessibility. The author's primary concern is to instill "economic sensibility" in the student. Colander emphasizes the intellectual and historical context to which the economic models are applied.Distinguishing features found within Colander's text are: Cutting Edge and Modern Colloquial Style Narrative Focus on Policy Emphasis on the Importance of Institutions and History Focus on Modeling: Economics is a method of reasoning, not truths. Presents Alternative Perspectives in Economics

Table of Contents

Introduction: Thinking Like an Economist

Economics and Economic Reasoning

The Production Possibility Model, Trade, and Globalization

Economic Institutions

Supply and Demand

Using Supply and Demand

Thinking Like a Modern Economist

Macroeconomics

Macroeconomic Problems

Economic Growth, Business Cycles, Unemployment, and Inflation

Measuring the Aggregate Economy

The Macroeconomic Framework

Growth, Productivity, and the Wealth of Nations

The Aggregate Demand/Aggregate Supply Model

The Multiplier Model

Thinking Like a Modern Macroeconomist

Finance, Money, and the Economy

The Financial Sector and the Economy

Monetary Policy

Financial Crises, Panics, and Macroeconomic Policy

Inflation and the Phillips Curve

Taxes, Budgets, and Fiscal Policy

Deficits and Debt

The Modern Fiscal Policy Dilemma

International Policy Issues

International Trade Policy, Comparative Advantage, and Outsourcing

International Financial Policy

Macro Policy in a Global Setting

Macro Policies in Developing Countries

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