Macroeconomics Interactive Edition, Economics : A dotlearn Ebook

by Hyman, David N.

• ISBN13: 9780132123112
• ISBN10: 0132123118
• Edition: 7th
• Format: Paperback
• Copyright: 2009-08-26
• Publisher: Prentice Hall

Author Biography

David N. Hyman is Professor of Economics at North Carolina State University, where he has taught since receiving his Ph.D. from Princeton University. Dr. Hyman has taught principles of economics for over 30 years and has been the recipient of several awards for outstanding teaching. He has served as a budget analyst in the Executive Office of the President of the United States, has been on the research staffs in the U.S. Department of the Treasury and the Board of Governors of the Federal Reserve System, and has served as senior staff economist on the President’s Council of Economic Advisers. 

Table of Contents

Part One: Introduction to Economics
1. Economics: What It's All about
2. Production Possibilities and Opportunity Cost

Part Two: Supply and Demand: Markets and the Price System
3. Market Transactions: Basic Supply and Demand Analysis
4. Using Supply and Demand Analysis
5. The Price System and the Mixed Economy

Part Six: Introduction to Macroeconomic Concepts
21. Gross Domestic Product and the Performance of the National Economy
22. Business Cycles, Unemployment, and Economic Growth
23. The Price Level and Inflation

Part Seven: Aggregate Demand/Aggregate Supply
24. Aggregate Demand and Aggregate Supply
25. Aggregate Demand-Aggregate Supply Analysis of Economic Fluctuations and Growth
26. Keynesian Analysis of Aggregate Purchases
27. Keynesian Analysis of Macroeconomic Equilibrium

Part Eight: Money, Financial Markets, and Macroeconomic Equilibrium
28. The Functions of Money
29. The Banking System
30. The Federal Reserve System and Its Influence on Money and Credit

Part Nine: Stabilizing the Economy
31. Stabilization of the Economy through Monetary Policy
32. Stabilization of the Economy through Fiscal Policy
33. The Federal Budget, Government Debt, and the Economy
34. Issues in Stabilization Policy: Inflation versus Unemployment and Rational Expectations

Part Ten: International Economic Issues
35. International Trade
36. The Economics of Foreign Exchange and the Balance of International Trade
37. Economic Development and Transition in the 21st Century