9780538888479

Macroeconomics : A Contemporary Introduction, The Wall Street Journal Edition

by
  • ISBN13:

    9780538888479

  • ISBN10:

    0538888474

  • Edition: 5th
  • Format: Paperback
  • Copyright: 7/8/1999
  • Publisher: South-Western College Pub
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Summary

This very successful textbook is distinguished by a superior writing style that draws upon common student experiences to introduce economic concepts, making economic theory more accessible and interesting. "Case Studies" and numerous examples take advantage of students' intuitive knowledge of economics, building upon real-life situations. A streamlined design places pedagogy and illustrations directly within the flow of the text, making it less distracting and more useful for students. A fully integrated and sensible Internet strategy sets this text apart by tying numerous in-text features to learning enhancements and extensions on a dedicated Web site. This Fifth Edition makes unique use of THE WALL STREET JOURNAL by including resources and exercises utilizing that periodical to help students learn to analyze the latest economic events. McEachern is also available in micro split and both micro/macro are in the principles text.

Author Biography

William A. McEachern is Professor of Economics at the University of Connecticut

Table of Contents

PART 1 INTRODUTION TO ECONOMICS 1(88)
1 The Art and Science of Economic Analysis
1(24)
Appendix: Understanding Graphs
18(7)
2 Some Tools of Economic Analysis
25(18)
3 The Market System
43(24)
4 Economic Decision Makers: Households, Firms, Governments, and the Rest of the World
67(22)
PART 2 FUNDAMENTALS OF MACROECONOMICS 89(161)
5 Introduction to Macroeconomics
89(22)
6 U.S. Productivity and Growth
111(23)
7 Unemployment and Inflation
134(23)
8 Measuring Economic Aggregates and the Circular Flow of Income
157(25)
Appendix: National Income Accounts
179(3)
9 Aggregate Expenditure: Consumption, Investment, Government Purchases, and Net Exports
182(24)
Appendix: Variable Net Exports
204(2)
10 Aggregate Expenditure and Aggregate Demand
206(22)
Appendix A: Variable Net Exports
223(3)
Appendix B: Algebra of Income and Expenditure
226(2)
11 Aggregate Supply
228(22)
PART 3 FISCAL AND MONETARY POLICY 250(135)
12 Fiscal Policy
250(22)
Appendix: The Algebra of Demand Side Equilibrium
269(3)
13 Money and the Financial System
272(22)
14 Banking and the Money Supply
294(21)
15 Monetary Theory and Policy
315(24)
16 The Policy Debate: Active or Passive?
339(24)
17 Federal Budgets and Public Policy
363(22)
PART 4 THE INTERNATIONAL SETTING 385
18 International Trade
385(24)
19 International Finance
409(21)
20 Developing and Transitional Economies
430

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