Macroeconomics: Principles, Problems, and Policies

by McConnell, Campbell R.; Brue, Stanley L.

• ISBN13: 9780072498516
• ISBN10: 007249851X
• Edition: 15 PCK PSC
• Format: Hardcover
• Copyright: 2001-08-01
• Publisher: MCG

Summary

McConnell-Brue’s Principles of Macroeconomics, 15 is the best-selling textbook and has been teaching students in a clear, unbiased way for 40 years. The 14th edition grew market share because of its clear and careful treatment of principles of macroeconomics concepts, its balanced coverage, and its patient explanations. More students have learned their principles of Macroeconomics from McConnell-Brue than any other text-12 million of them. The 15th edition is a substantial revision that delivers a tighter, modern, Internet-savvy book.

Table of Contents

PART ONE An Introduction to Macroeconomics and the Economy
To the Student	2	(1)
The Nature and Method of Economics	3	(19)
The Economizing Problem	22	(18)
Individual Markets: Demand and Supply	40	(19)
The Market System	59	(14)
The U.S. Economy: Private and Public Sectors	73	(20)
The United States in the Global Economy	93	(23)
PART TWO National Income, Employment, and Fiscal Policy
Measuring Domestic Output, National Income, and the Price Level	116	(20)
Introduction to Economic Growth and Instability	136	(23)
Building the Aggregate Expenditures Model	159	(23)
Aggregate Expenditures: The Multiplier, Net Exports, and Government	182	(21)
Aggregate Demand and Aggregate Supply	203	(21)
Fiscal Policy	224	(20)
PART THREE Money, Banking, and Monetary Policy
Money and Banking	244	(21)
How Banks and Thrifts Create Money	265	(17)
Monetary Policy	282	(24)
PART FOUR Long-Run Perspectives and Macroeconomic Debates
Extending the Analysis of Aggregate Supply	306	(17)
Economic Growth and the New Economy	323	(18)
Deficits, Surpluses, and the Public Debt	341	(14)
Disputes over Macro Theory and Policy	355	(19)
PART FIVE International Economics and the World Economy
International Trade	374	(22)
Exchange Rates, Balance of Payments, and Trade Deficits	396	(21)
The Economics of Developing Countries	417
WEB BONUS CHAPTER Transition Economies: Russia and China www.mhhe.com/economics/mcconnell15
Glossary	G-1
Index	I