Macroeconomics : Public and Private Choice

by Gwartney, James D; Stroup, Richard L; Sobel, Russell S; Macpherson, David A

• ISBN13: 9780324580198
• ISBN10: 0324580193
• Edition: 12th
• Format: Paperback
• Copyright: 2008-01-04
• Publisher: South-Western College Pub

Summary

ECONOMICS: PRIVATE AND PUBLIC CHOICE includes many more engaging elements?such as scenes from popular movies and applications of economic theory to real-world issues?to help you see how these theories apply to the world around you. Each chapter has been updated to reflect today?s market, including analysis and explanation of measures of current economic activity. You?ll also find highlights of the lives of notable economists and how they contributed to the thinking that shapes our markets today. Common economic myths are dispelled, and the ?invisible hand? metaphor is applied to economic theory, demonstrating how it?s working even today to stimulate the economy. This 12th edition includes new technology features such as a robust set of online multimedia learning tools, including video clips and free quizzes designed to support your classroom work; a completely updated Aplia interactive learning system with practice problems, interactive tutorials, online experiences, and more.

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 and the Role of Government

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

Economic Instability

Fiscal Policy

Money and the Banking System

Modern Macroeconomics: The Monetary System

Stabilization Policy, Output, and Employment

Creating an Environment for Growth and Prosperity

Institutions, Policies, and Cross-Country Differences in Income and Growth

International Economics

Gaining from International Trade

International Finance and the Foreign Exchange Market. (macro split only)

Applying The Basics

Special Topics

Table of Contents provided by Publisher. All Rights Reserved.