Macroeconomics [Rental Edition]

by Hubbard, Glenn

• ISBN13: 9780135801741
• ISBN10: 0135801745
• eBook ISBN(s): 9780135801406
• Additional ISBN(s): 9780138102494, 9780138102494
• Edition: 8th
• Format: Paperback
• Copyright: 2020-02-21
• Publisher: Pearson Rental Program

About This Book

Macroeconomics, 8th Edition

ISBN: 9780135801741

Macroeconomics, 8th Edition, is a comprehensive textbook designed for introductory macroeconomics courses. It's a go-to resource for students and educators alike, offering a detailed exploration of macroeconomic principles and meeting scope and sequence requirements for typical introductory macroeconomics courses.

Who Uses It?

Primarily, this book is used by students and instructors in introductory macroeconomics courses at the college and university levels. It's also a valuable resource for anyone interested in understanding the basics of macroeconomics, including professionals looking to refresh their knowledge or expand their understanding of economic principles.

History and Editions

The 8th edition of Macroeconomics has been updated to address user feedback, incorporating the latest developments in macroeconomic theory and policy. This edition includes new real-world business and policy examples, making it easier for students to understand the relevance of economics in their daily lives. The book has been a trusted resource for over a decade, providing students with a solid foundation in macroeconomic concepts.

Author and Other Works

R. Glenn Hubbard and Anthony Patrick O'Brien are the authors of Macroeconomics. R. Glenn Hubbard is known for his expertise in macroeconomics and his ability to explain complex economic concepts clearly and simply. Anthony Patrick O'Brien brings his extensive knowledge of economics to the text, ensuring that it remains current and relevant.

Key Features

• Comprehensive Coverage: The book covers core concepts in macroeconomics, including detailed explanations and examples.
• Real-World Applications: The text uses new real-world business and policy examples to illustrate macroeconomic principles.
• Interactive Tools: The book is available with MyLab Economics, which includes interactive features such as quizzes, simulations, and data analysis tools to personalize the learning experience.

Detailed Information

ISBNs and Formats

• Print ISBN: 9780135801741
• eTextbook ISBN: 9780137646579 (Updated Edition)
• Rental Options: Available for rental through various retailers, including eCampus.com and BooksRun.com.

Publication Details

• Publisher: Pearson
• Publication Date: 2020 (Updated Edition)
• Number of Pages: Varies by edition
• Language: English

Other Editions and Formats

• Updated Edition ISBN: 9780137646579
• Related ISBNs:
• 9780135801741 (Print)
• 9780137646579 (eTextbook)
• 0137646577 (eTextbook)
• 0135801745 (Print)

This detailed information section provides a quick reference for all the available formats and sources for Macroeconomics, 8th Edition, making it easier to find and access the book in the preferred format.

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Additional Resources

For students looking to enhance their learning experience, Macroeconomics, 8th Edition, is available with MyLab Economics. This digital platform offers a range of interactive tools and resources designed to personalize the learning experience and improve results for each student. By combining trusted author content with digital tools, MyLab Economics helps students master macroeconomic concepts more effectively.

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Why Choose This Book?

Macroeconomics, 8th Edition, is an ideal choice for students and educators due to its comprehensive coverage of macroeconomic principles, real-world applications, and interactive tools. The book's conversational tone and engaging examples make it easier for students to understand complex economic concepts, while the updated edition ensures that the material remains current and relevant. Whether you're a student looking to succeed in your macroeconomics course or an educator seeking a reliable textbook, Macroeconomics, 8th Edition, is the perfect resource to help you achieve your goals.

Author Biography

Glenn Hubbard, policymaker, professor, and researcher. Hubbard is dean emeritus and Russell L. Carson Professor of Finance and Economics in the Graduate School of Business at Columbia University and professor of economics in Columbia’s Faculty of Arts and Sciences. He is also a research associate of the National Bureau of Economic Research and a director of Automatic Data Processing, Black Rock Fixed-Income Funds, and MetLife. He received a PhD in economics from Harvard University in 1983. From 2001 to 2003, he served as chair of the White House Council of Economic Advisers and chair of the OECD Economic Policy Committee, and from 1991 to 1993, he was deputy assistant secretary of the US Treasury Department. He currently serves as co-chair of the nonpartisan Committee on Capital Markets Regulation. Hubbard’s fields of specialization are public economics, financial markets and institutions, corporate finance, macroeconomics, industrial organization, and public policy. He is the author of more than 100 articles in leading journals, including American Economic Review; Brookings Papers on Economic Activity; Journal of Finance; Journal of Financial Economics; Journal of Money, Credit, and Banking; Journal of Political Economy; Journal of Public Economics; Quarterly Journal of Economics; RAND Journal of Economics; and Review of Economics and Statistics. His research has been supported by grants from the National Science Foundation, the National Bureau of Economic Research, and numerous private foundations.

 

Tony O’Brien, award-winning professor and researcher. O’Brien is a professor of economics at Lehigh University. He received a PhD from the University of California, Berkeley, in 1987. He has taught principles of economics for more than 20 years, in both large sections and small honors classes. He received the Lehigh University Award for Distinguished Teaching. He was formerly the director of the Diamond Center for Economic Education and was named a Dana Foundation Faculty Fellow and Lehigh Class of 1961 Professor of Economics. He has been a visiting professor at the University of California, Santa Barbara, and the Graduate School of Industrial Administration at Carnegie Mellon University. O’Brien’s research has dealt with issues such as the evolution of the US automobile industry, the sources of US economic competitiveness, the development of US trade policy, the causes of the Great Depression, and the causes of black–white income differences. His research has been published in leading journals, including American Economic Review; Quarterly Journal of Economics; Journal of Money, Credit, and Banking; Industrial Relations; Journal of Economic History; and Explorations in Economic History. His research has been supported by grants from government agencies and private foundations.

Table of Contents

PART 1: INTRODUCTION

1. Economics: Foundations and Models

     Appendix: Using Graphs and Formulas

2. Trade-offs, Comparative Advantage, and the Market System

3. Where Prices Come From: The Interaction of Demand and Supply

4. Economic Efficiency, Government Price Setting, and Taxes

     Appendix: Quantitative Demand and Supply Analysis

5. The Economics of Health Care

 

PART 2: FIRMS IN THE DOMESTIC AND INTERNATIONAL ECONOMIES

6. Firms, the Stock Market, and Corporate Governance

     Appendix: Present Value  

     Online Appendix: Tools to Analyze Firms’ Financial Information

7. Comparative Advantage and the Gains from International Trade

  

PART 3: MACROECONOMIC FOUNDATIONS AND LONG-RUN GROWTH

8. GDP: Measuring Total Production and Income

9. Unemployment and Inflation

10. Economic Growth, the Financial System, and Business Cycles

11. Long-Run Economic Growth: Sources and Policies

 

PART 4: SHORT-RUN FLUCTUATIONS

12. Aggregate Expenditure and Output in the Short Run

     Appendix: The Algebra of Macroeconomic Equilibrium

13. Aggregate Demand and Aggregate Supply Analysis

     Appendix: Macroeconomic Schools of Thought

 

PART 5: MONETARY AND FISCAL POLICY

14. Money, Banks, and the Federal Reserve System

15. Monetary Policy

16. Fiscal Policy

     Appendix: A Closer Look at the Multiplier

17. Inflation, Unemployment, and Federal Reserve Policy

 

PART 6: THE INTERNATIONAL ECONOMY

18. Macroeconomics in an Open Economy

     Online Appendix: The Gold Standard and the Bretton Woods System