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With the acclaimed writing and teaching approach of Paul Krugman and Robin Wells, Macroeconomics in Modules offers:
A concise, accessible introduction to economics with 45 modules divided into 8 sections
A format that lets students explore economics at an effective pace—one essential topic at a time. Each module is easily readable in a single sitting.
Updated coverage based on the Second Edition of Krugman and Wells, Economics, with same engaging features and writing that have made the Krugman/Wells a classroom favorite.
Table of Contents
Section 1 Basic Economic Concepts Module 1 The Study of Economics Module 2 Introduction to Macroeconomics Module 3 The Production Possibility Frontier Model Module 4 Comparative Advantage and Trade Section 1Appendix Graphs in Economics
Section 2 Supply and Demand Module 5 Supply and Demand: Introduction and Demand Module 6 Supply and Demand: Supply and Equilibrium Module 7 Supply and Demand: Changes in Equilibrium Module 8 Supply and Demand: Price Controls (Ceilings and Floors) Module 9 Supply and Demand: Quantity Controls
Section 3 Measurement of Economic Performance Module 10 The Circular Flow and Gross Domestic Product Module 11 Interpreting Real Gross Domestic Product Module 12 The Meaning and Calculation of Unemployment Module 13 The Causes and Categories of Unemployment Module 14 Inflation: An Overview Module 15 The Measurement and Calculation of Inflation
Section 4 National Income and Price Determination Module 16 Income and Expenditure Module 17 Aggregate Demand: Introduction and Determinants Module 18 Aggregate Supply: Introduction and Determinants Module 19 Equilibrium in the Aggregate Demand—Aggregate Supply Model Module 20 Economic Policy and the Aggregate Demand—Aggregate Supply Model Module 21 Fiscal Policy and the Multiplier
Section 5 Financial Sector Module 22 Saving, Investment, and the Financial System Module 23 Definition and Measurement of Money Module 24 The Time Value of Money Module 25 Banking and Money Creation Module 26 The Federal Reserve System—History and Structure Module 27 The Federal Reserve System—Monetary Policy Module 28 The Money Market Module 29 The Market for Loanable Funds
Section 6 Inflation, Unemployment, and Stabilization Policies Module 30 Long-run Implications of Fiscal Policy: Deficits and the Public Debt Module 31 Monetary Policy and the Interest Rate Module 32 Money, Output, and Prices in the Long Run Module 33 Types of Inflation, Disinflation, and Deflation Module 34 Inflation and Unemployment: The Phillips Curve Module 35 History and Alternative Views of Macroeconomics Module 36 The Modern Macroeconomic Consensus
Section 8 The Open Economy: International Trade and Finance Module 41 Capital Flows and the Balance of Payments Module 42 The Foreign Exchange Market Module 43 Exchange Rate Policy Module 44 Exchange Rates and Macroeconomic Policy Module 45 Putting it All Together