9780130746450

Principles of Macroeconomics: With Activeecon Learning Tutorial

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  • ISBN13:

    9780130746450

  • ISBN10:

    0130746452

  • Edition: 6th
  • Format: Paperback
  • Copyright: 6/1/2001
  • Publisher: Pearson College Div
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Summary

Written by two highly respected economists and educators, the book uses the “Stories, Graphs, and Equations” approach to make economic concepts accessible and relevant to readers with various learning styles. It is known for its unified and logical structure, lively writing style, and clear explanations Chapter topics cover the scope and method of economics; scarcity and choice; demand, supply, and market equilibrium; measuring national output and national income; long-run and short-run concerns: growth, productivity, unemployment, and inflation; aggregate expenditure and equilibrium output; the government and fiscal policy; the money supply and the federal reserve system; money, the interest rate, and output: analysis and policy; aggregate demand, aggregate supply, and inflation; the labor market, unemployment, and inflation; macroeconomic issues and policy; household and firm behavior in the macroeconomy; international trade, comparative advantage, and protectionism; open economy macroeconomics: the balance of payments and exchange rates; and economic growth in developing and transitional economies. For individuals who want to better understand the fundamentals of macroeconomics.

Table of Contents

INTRODUCTION
PART 1: Introduction to Economics 1(88)
The Scope and Method of Economics
1(24)
The Economic Problem: Scarcity and Choice
25(20)
Demand, Supply and Market Equilibrium
45(30)
The Price System and Demand and Supply
75(14)
MACROECONOMICS
PART 2: Concepts and Problems in Macroeconomics 89(56)
Introduction to Macroeconomics
89(18)
Measuring National Output and National Income
107(20)
Long-Run and Short-Run Concerns: Growth, Productivity, Unemployment, and Inflation
127(18)
PART 3: The Goods and Money Markets 145(92)
Aggregate Expenditure and Equilibrium Output
145(24)
The Government and Fiscal Policy
169(24)
The Money Supply and the Federal Reserve System
193(26)
Money Demand, the Equilibrium Interest Rate, and Monetary Policy
219(18)
PART 4: Macroeconomic Analysis 237(144)
Money, the Interest Rate, and Output: Analysis and Policy
237(18)
Aggregate Demand, Aggregate Supply, and Inflation
255(26)
The Labor Market, Unemployment, and Inflation
281(20)
Macroeconomic Issues and Policy
301(18)
Household and Firm Behavior in the Macroeconomy: A Further Look
319(26)
Long-Run Growth
345(20)
Debates in Macroeconomics: Monetarism, New Classical Theory, and Supply-Side Economics
365(16)
INTERNATIONAL ECONOMICS
PART 5: The World Economy 381
International Trade, Comparative Advantage, and Protectionism
381(24)
Open-Economy Macroeconomics: The Balance of Payments and Exchange Rates
405(28)
Economic Growth in Developing and Transitional Economies
433
Glossary G-1
Solutions to Even-Numbered Problems S-1
Index I-1
Photo Credits P-1

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