Principles of Macroeconomics

by Taylor,John B.

• ISBN13: 9781439078228
• ISBN10: 143907822X
• Edition: 6th
• Format: Paperback
• Copyright: 2009-06-17
• Publisher: South-Western College/West

Summary

Gain a better understanding of today's global financial crisis, its possible causes and potential consequences with the thoroughly revised PRINCIPLES OF MACROECONOMICS, 6E: GLOBAL FINANCIAL CRISIS EDITION by accomplished economic expert John B. Taylor and co-author Akila Weerapana. Completely updated chapters focus on the latest information regarding monetary policy (Ch. 15), economic fluctuations, money and inflation, and capital and financial markets. As former Undersecretary of the Treasury for International Affairs and one of the most respected voices in economics, author John Taylor provide usnique insights into today's issues. Updated graphs, figures, and popular learning features present the latest issues, including coverage of the Obama Administration. This clearly written text continues to offer concise yet thorough coverage of current economic theories with refreshing examples, engaging applications, and Aplia, the leading homework solution. Ensure your understanding of economic developments as they happen with PRINCIPLES OF MACROECONOMICS, 6E: GLOBAL FINANCIAL CRISIS EDITION.

Table of Contents

Introduction to Economics

The Central Idea

Observing and Explaining the Economy. 2A

Appendix to Chapter 2: Reading, Understanding, and Creating Graphs

The Supply and Demand Model

Subtleties of the Supply and Demand Model: Price Floors, Price Ceilings, and Elasticity

Principles of Macroeconomics

Macroeconomics: The Big Picture. 5A Appendix to Chapter 5: The Miracle of Compound Growth

Measuring the Production, Income, and Spending of Nations

The Spending Allocation Model

Unemployment and Employment

Productivity and Economic Growth. 9A

Appendix to Chapter 9: Deriving the Growth Accounting Formula

Money and Inflation

Economic Fluctuations and Macroeconomic Policy

The Nature and Causes of Economic Fluctuations. 11A

Appendix to Chapter 11: Deriving the Formula for the Keynesian Multiplier and the Forward-Looking Consumption Model

The Economic Fluctuations Model

Using the Economic Fluctuations Model

Fiscal Policy

Monetary Policy and the Financial Crisis

Capital and Financial Markets. 16A

Appendix to Chapter 16: Present Discounted Value

Trade and Global Markets

Economic Growth and Globalization

The Gains from International Trade

International Trade Policy

Glossary

Index

Credits

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