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Acclaimed economists Hall and Lieberman have made the latest edition of MACROECONOMICS: PRINCIPLES AND APPLICATIONS as current as the headlines. Hall and Lieberman's careful focus on recent economic theories and applications, and how they relate to practical questions, effectively communicates that economics is an integrated, powerful body of knowledge that can address complex domestic and global issues.
Table of Contents
|What Is Economics?|
|Scarcity, Choice, and Economic Systems|
|Supply and Demand|
|Working with Supply and Demand|
|Macroeconomics: Basic Concepts|
|What Macroeconomics Tries to Explain|
|Production, Income, and Employment|
|The Price Level and Inflation|
|The Classical Long-Run Model|
|Economic Growth and Rising Living Standards|
|The Short-Run Model and Fiscal Policy|
|The Short-Run Macro Model|
|Expanding the Model: Money, Prices and the Global Economy|
|Money, Banks, and the Federal Reserve|
|The Money Market and Monetary Policy|
|Aggregate Demand and Aggregate Supply|
|Inflation and Monetary Policy|
|Exchange Rates and Macroeconomic Policy|
|Table of Contents provided by Publisher. All Rights Reserved.|