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Principles of Macroeconomics
[Author removed at request of original publisher]
Business & Money
Principles of Macroeconomics
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Description
Contents
Reviews

The goal of this textbook is to help students understand how real individuals actually work with economics. In this textbook, the authors illustrate the practicality and relevance of economics with a variety of new illustrations and insights.

https://doi.org/10.24926/8668.1701
ISBN: 978-1-946135-17-9

Language
English
ISBN
978-1-946135-17-9
Cover
Title Page
Copyright
Table Of Contents
Publisher Information
About the Authors
Acknowledgments
Preface
Chapter 1: Economics: The Study of Choice
1.1 Defining Economics
1.2 The Field of Economics
1.3 The Economists’ Tool Kit
1.4 Review and Practice
Chapter 2: Confronting Scarcity: Choices in Production
2.1 Factors of Production
2.2 The Production Possibilities Curve
2.3 Applications of the Production Possibilities Model
2.4 Review and Practice
Chapter 3: Demand and Supply
3.1 Demand
3.2 Supply
3.3 Demand, Supply, and Equilibrium
3.4 Review and Practice
Chapter 4: Applications of Demand and Supply
4.1 Putting Demand and Supply to Work
4.2 Government Intervention in Market Prices: Price Floors and Price Ceilings
4.3 The Market for Health-Care Services
4.4 Review and Practice
Chapter 5: Macroeconomics: The Big Picture
5.1 Growth of Real GDP and Business Cycles
5.2 Price-Level Changes
5.3 Unemployment
5.4 Review and Practice
Chapter 6: Measuring Total Output and Income
6.1 Measuring Total Output
6.2 Measuring Total Income
6.3 GDP and Economic Well-Being
6.4 Review and Practice
Chapter 7: Aggregate Demand and Aggregate Supply
7.1 Aggregate Demand
7.2 Aggregate Demand and Aggregate Supply: The Long Run and the Short Run
7.3 Recessionary and Inflationary Gaps and Long-Run Macroeconomic Equilibrium
7.4 Review and Practice
Chapter 8: Economic Growth
8.1 The Significance of Economic Growth
8.2 Growth and the Long-Run Aggregate Supply Curve
8.3 Determinants of Economic Growth
8.4 Review and Practice
Chapter 9: The Nature and Creation of Money
9.1 What Is Money?
9.2 The Banking System and Money Creation
9.3 The Federal Reserve System
9.4 Review and Practice
Chapter 10: Financial Markets and the Economy
10.1 The Bond and Foreign Exchange Markets
10.2 Demand, Supply, and Equilibrium in the Money Market
10.3 Review and Practice
Chapter 11: Monetary Policy and the Fed
11.1 Monetary Policy in the United States
11.2 Problems and Controversies of Monetary Policy
11.3 Monetary Policy and the Equation of Exchange
11.4 Review and Practice
Chapter 12: Government and Fiscal Policy
12.1 Government and the Economy
12.2 The Use of Fiscal Policy to Stabilize the Economy
12.3 Issues in Fiscal Policy
12.4 Review and Practice
Chapter 13: Consumptions and the Aggregate Expenditures Model
13.1 Determining the Level of Consumption
13.2 The Aggregate Expenditures Model
13.3 Aggregate Expenditures and Aggregate Demand
13.4 Review and Practice
Chapter 14: Investment and Economic Activity
14.1 The Role and Nature of Investment
14.2 Determinants of Investment
14.3 Investment and the Economy
14.4 Review and Practice
Chapter 15: Net Exports and International Finance
15.1 The International Sector: An Introduction
15.2 International Finance
15.3 Exchange Rate Systems
15.4 Review and Practice
Chapter 16: Inflation and Unemployment
16.1 Relating Inflation and Unemployment
16.2 Explaining Inflation–Unemployment Relationships
16.3 Inflation and Unemployment in the Long Run
16.4 Review and Practice
Chapter 17: A Brief History of Macroeconomic Thought and Policy
17.1 The Great Depression and Keynesian Economics
17.2 Keynesian Economics in the 1960s and 1970s
17.3 Macroeconomics for the 21st Century
17.4 Review and Practice
Chapter 18: Inequality, Poverty, and Discrimination
18.1 Income Inequality
18.2 The Economics of Poverty
18.3 The Economics of Discrimination
18.4 Review and Practice
Chapter 19: Economic Development
19.1 The Nature and Challenge of Economic Development
19.2 Population Growth and Economic Development
19.3 Keys to Economic Development
19.4 Review and Practice
Chapter 20: Socialist Economies in Transition
20.1 The Theory and Practice of Socialism
20.2 Socialist Systems in Action
20.3 Economies in Transition: China and Russia
20.4 Review and Practice
Appendix A: Graphs in Economics
Nonlinear Relationships and Graphs without Numbers
Using Graphs and Charts to Show Values of Variables
How to Construct and Interpret Graphs
Appendix B: Extensions of the Aggregate Expenditures Model
The Algebra of Equilibrium
The Aggregate Expenditures Model and Fiscal Policy
Review and Practice
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