Macroeconomics

by McEachern, William A.

• ISBN13: 9780538453776
• ISBN10: 053845377X
• Edition: 9th
• Format: Paperback
• Copyright: 2011-01-01
• Publisher: South-Western College Pub

Summary

McEachern "teaches by example." It is the text that uses examples and illustrations that students will recognize when they show up for class the first day because they already have at least 17 years of personal experience with economic choices, institutions, and events. Easy to understand and filled with lively real-world examples, MACROECONOMICS: A CONTEMPORARY INTRODUCTION, Ninth Edition, is your ideal introduction to the principles of macroeconomics. McEachern approaches the course by using many of the macroeconomic concepts that you've likely encountered in your own life experiences. These life experiences are then explained as economic concepts through interesting case studies and focused examples. The case studies are found throughout the text, giving you genuine insight into how economic principles work in the real world -- and the recent economic crisis is covered throughout. McEachern's approachable style is enhanced by the powerful learning tools you'll find on Aplia, a web-based educational program designed to improve your understanding and your grade.

Table of Contents

The Art and Science of Economic Analysis

Some Tools of Economic Analysis

Economic Decision Makers

Demand and Supply Analysis

Introduction to Macroeconomics

Tracking the U. S. Economy

Unemployment and Inflation

Productivity and Growth

Aggregate Expenditure

Aggregate Expenditure and Aggregate Demand

Aggregate Supply

Fiscal Policy

Federal Budgets and Public Policy

Money and the Financial System

Banking and the Money Supply

Monetary Theory and Policy

The Policy Debate: Active or Passive?

International Trade

International Finance

Developing and Transitional Economies

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