Macroeconomics for Today (with InfoTrac)

by Tucker, Irvin B.

• ISBN13: 9780324301977
• ISBN10: 0324301979
• Edition: 4th
• Format: Paperback
• Copyright: 2004-09-28
• Publisher: South-Western College Pub

Summary

A concise text focusing on core concepts, MACROECONOMICS FOR TODAY, 4th Edition includes a wealth of useful pedagogical features to provide opportunities for critical thinking, interactive reading, and built-in self-assessment. It also aids the visual learner by giving special attention to figures and graphs.

Table of Contents

Preface	p. xvi
Introduction to Economics	p. 1
Introducing the Economic Way of Thinking	p. 2
Applying Graphs to Economics	p. 20
Production Possibilities, Opportunity Cost, and Economic Growth	p. 32
Market Demand and Supply	p. 50
Markets in Action	p. 78
Applying Supply and Demand Analysis to Health Care	p. 100
Macroeconomic Fundamentals	p. 105
Gross Domestic Product	p. 106
A Four-Sector Circular Flow Model	p. 131
Business Cycles and Unemployment	p. 133
Inflation	p. 157
Macroeconomic Theory and Policy	p. 177
The Keynesian Model	p. 178
The Keynesian Model in Action	p. 203
Aggregate Demand and Supply	p. 224
The Self-Correcting Aggregate Demand and Supply Model	p. 250
Fiscal Policy	p. 263
The Public Sector	p. 284
Federal Deficits, Surpluses, and the National Debt	p. 308
Money, Banking, and Monetary Policy	p. 329
Money and the Federal Reserve System	p. 330
Money Creation	p. 351
Monetary Policy	p. 372
Policy Disputes Using the Self-Correcting Aggregate Demand and Supply Model	p. 396
The Phillips Curve and Expectations Theory	p. 401
The International Economy	p. 425
International Trade and Finance	p. 426
Economies in Transition	p. 458
Growth and the Less-Developed Countries	p. 481
Answers to Odd-Numbered Study Questions and Problems	p. 505
Practice Quiz Answers	p. 517
Glossary	p. 519
Index	p. 525
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