Macroeconomics Private and Public Choice

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  • Edition: 11th
  • Format: Paperback
  • Copyright: 2005-03-23
  • Publisher: South-Western College Pub
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Authors James D. Gwartney, Richard L. Stroup, Russell S. Sobel, and David Macpherson, believe that a course on principles of economics should focus on the power and relevance of the economic way of thinking. It is this belief and corresponding writing approach that has made MACROECONOMICS: PRIVATE AND PUBLIC CHOICE one of South Western Thomson Learning's most solid and enduring texts. Throughout this text, the authors integrate applications and real-world data in an effort to make the basic concepts of economics come alive for the reader.

Table of Contents

The Economic Way of Thinking
The Economic Approach
Some Tools of the Economist
Markets and Government
Supply, Demand, and the Market Process
Supply and Demand: Applications and Extensions
Difficult Cases for the Market
The Economics of Collective Decision Making
Core Macroeconomics
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
Keynes and the Evolution of Macroeconomics
Fiscal Policy
Money and the Banking System
Modern Macroeconomics: Monetary System
Stabilization Policy, Output, and Employment
Economic Growth
International Economics
Gaining from International Trade
International Finance and the Foreign Exchange Market (macro split only)
Applying the Basics Special Topics
Government Spending and Taxation
The Internet: How Is It Changing the Economy?
The Economics of Social Security
The Stock Market: What Does It Do and How Has it Performed?
The Federal Budget and the National Debt
The Phillips Curve: Is There a Tradeoff Between Unemployment and Inflation?
General Business and Economic Indicators
Answers to Selected Critical Analysis Questions
Table of Contents provided by Publisher. All Rights Reserved.

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