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Macroeconomics : Principles and Policy,9780324537031
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Macroeconomics : Principles and Policy

by
Edition:
10th
ISBN13:

9780324537031

ISBN10:
0324537034
Format:
Paperback
Pub. Date:
6/22/2007
Publisher(s):
South-Western College Pub
List Price: $151.33

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Summary

This text is well known for using the Keynesian model in the teaching of economics; yet in the 2007 Update edition, the authors have expanded coverage of the growth model considerably to achieve more balanced coverage making the content more accessible for the students. The text uses the aggregate supply/ aggregate demand model as a fundamental tool for learning macroeconomics. It achieves the right level of rigor and detail, presenting complicated concepts in a relatively straightforward manner and using timely economic data. Using puzzles, issues, and well-developed examples, the authors provide a good balance of theory to application allowing students to relate the materials to their every day lives. In addition, a well respected study guide, ThomsonNOW, and student website are available at study aides.

Table of Contents

Getting Acquainted With Economics
What Is Economics?
The Economy: Myth and Reality
The Fundamental Economic Problem: Scarcity and Choice
Supply and Demand: An Initial Look
The Macroeconomy: Aggregate Supply And Demand
The Realm of Macroeconomics
The Goals of Macroeconomic Policy
Economic Growth: Theory and Policy
Aggregate Demand and the Powerful Consumer
Demand-Side Equilibrium: Unemployment or Inflation?
Supply-Side Equilibrium: Unemployment and Inflation?
Fiscal And Monetary Policy
Managing Aggregate Demand: Fiscal Policy
Money and the Banking System
Monetary Policy and the National Economy
The Debate Over Monetary and Fiscal Policy
Fiscal Policy, Monetary Policy, and Growth
Inflation and Growth: The Phillips Curve
The United States In The World Economy
International Trade and Comparative Advantage
The International Monetary System: Order or Disorder?
Exchange Rates and the Macroeconomy
Table of Contents provided by Publisher. All Rights Reserved.


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