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Macroeconomics : Private and Public Choice,9780030212895
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Macroeconomics : Private and Public Choice

by
Edition:
9th
ISBN13:

9780030212895

ISBN10:
0030212898
Format:
Paperback
Pub. Date:
8/3/1999
Publisher(s):
South-Western College Pub

Questions About This Book?

What version or edition is this?
This is the 9th edition with a publication date of 8/3/1999.
What is included with this book?
  • The New copy of this book will include any supplemental materials advertised. Please check the title of the book to determine if it should include any CDs, lab manuals, study guides, etc.

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Summary

A cornerstone, Macroeconomics: Private and Public Choice is considered to be the best existing principles of economics textbooks emphasizing free markets. The strengths of this text are its clarity, emphasis on the economic way of thinking and its application to the world around us. Macroeconomics: Private and Public Choice has an amazing approach to introducing students to a moderate amount of economic data analysis while applying the concept to a real-world story. This edition had added a new introductory Chapter 4 "Supply and Demand: Applications and Extensions" allowing the instructor a second full chapter to help develop the basic foundation of supply and demand. Chapter 5 "The Economic Role of the Government" and Chapter 6 "The Economics of Collective Decision Making" now stress the role of government and the economics of collective decision making. Chapter 16 "Economic Growth" integrates growth into the macroeconomic coverage. At the end of the text are extra Applications and Special Topics that allow instructors to include a more involved application in classroom discussions. The authors continue to succeed at enabling students to understand the basic concepts and apply those concepts that are central to the principles of economics class.

Table of Contents

Preface vii
PART 1 The Economic Way of Thinking 1(52)
The Economic Approach
5(26)
Some Tools of the Economist
31(22)
PART 2 Markets and Government 53(110)
Supply, Demand, and the Market Process
55(34)
Supply and Demand: Applications and Extensions
89(28)
The Economic Role of Government
117(26)
The Economics of Collective Decision Making
143(20)
PART 3 Core Macroeconomics 163(264)
Taking the Nation's Economic Pulse
167(24)
Economic Fluctuations, Unemployment, and Inflation
191(24)
An Introduction to Basic Macroeconomic Markets
215(28)
Working with Our Basic Aggregate Demand/Aggregate Supply Model
243(26)
Keynesian Foundations of Modern Macroeconomics
269(24)
Fiscal Policy
293(26)
Money and the Banking System
319(32)
Modern Macroeconomics: Monetary Policy
351(28)
Stabilization Policy, Output, and Employment
379(24)
Economic Growth
403(24)
PART 4 International Economics 427(62)
Gaining from International Trade
433(28)
International Finance and the Foreign Exchange Market
461(28)
PART 5 Applications and Special Topics 489(66)
Labor Markets and Unemployment Rates: A Cross-Country Analysis
491(12)
How Do Budget Deficits and the National Debt Affect Future Generations?
503(14)
The Phillips Curve: Is There a Trade-Off between Inflation and Unemployment?
517(14)
Social Security: The Nature of the Problem and the Alternatives for Dealing with It
531(12)
The Stock Market: What Does It Do and How Has It Performed?
543(12)
Appendix A General Business and Economics Indicators 555(12)
Appendix B Answers to Selected Critical Analysis Questions 567(14)
Glossary 581(10)
Credits 591(2)
Index 593


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