Macroeconomics Private and Public Choice

  • ISBN13:


  • ISBN10:


  • Edition: 9th
  • Format: Paperback
  • Copyright: 8/3/1999
  • Publisher: South-Western College Pub
  • View Upgraded Edition
  • Purchase Benefits
  • Free Shipping On Orders Over $59!
    Your order must be $59 or more to qualify for free economy shipping. Bulk sales, PO's, Marketplace items, eBooks and apparel do not qualify for this offer.
  • Get Rewarded for Ordering Your Textbooks! Enroll Now

Supplemental Materials

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 access cards, study guides, lab manuals, CDs, etc.
  • The Used, Rental and eBook copies of this book are not guaranteed to include any supplemental materials. Typically, only the book itself is included. This is true even if the title states it includes any access cards, study guides, lab manuals, CDs, etc.


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
Some Tools of the Economist
PART 2 Markets and Government 53(110)
Supply, Demand, and the Market Process
Supply and Demand: Applications and Extensions
The Economic Role of Government
The Economics of Collective Decision Making
PART 3 Core Macroeconomics 163(264)
Taking the Nation's Economic Pulse
Economic Fluctuations, Unemployment, and Inflation
An Introduction to Basic Macroeconomic Markets
Working with Our Basic Aggregate Demand/Aggregate Supply Model
Keynesian Foundations of Modern Macroeconomics
Fiscal Policy
Money and the Banking System
Modern Macroeconomics: Monetary Policy
Stabilization Policy, Output, and Employment
Economic Growth
PART 4 International Economics 427(62)
Gaining from International Trade
International Finance and the Foreign Exchange Market
PART 5 Applications and Special Topics 489(66)
Labor Markets and Unemployment Rates: A Cross-Country Analysis
How Do Budget Deficits and the National Debt Affect Future Generations?
The Phillips Curve: Is There a Trade-Off between Inflation and Unemployment?
Social Security: The Nature of the Problem and the Alternatives for Dealing with It
The Stock Market: What Does It Do and How Has It Performed?
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

Rewards Program

Write a Review