The number one product for the Intermediate Macro course, this text explains complex concepts with exceptional clarity. The new edition has updated coverage on income inequality, full coverage of the monetary system across two chapters, and an improved model of labor-force dynamics to explain the natural rate of unemployment. It is available in Achieve, which sets the standard for integrating activities, assessments, and analytics into your teaching. It brings together all of the features that instructors and students need - an e-book, LearningCurve adaptive quizzing, and other instructional…mehr
The number one product for the Intermediate Macro course, this text explains complex concepts with exceptional clarity. The new edition has updated coverage on income inequality, full coverage of the monetary system across two chapters, and an improved model of labor-force dynamics to explain the natural rate of unemployment. It is available in Achieve, which sets the standard for integrating activities, assessments, and analytics into your teaching. It brings together all of the features that instructors and students need - an e-book, LearningCurve adaptive quizzing, and other instructional and application activities, assessments, and extensive instructor resources - in a powerful platform.
Preface Part I Introduction Chapter 1 The Science of Macroeconomics Chapter 2 The Data of Macroeconomics Part II Classical Theory: The Economy in the Long Run Chapter 3 National Income: How It Is Earned Chapter 4 National Income: How It Is Spent Chapter 5 A First Look at the Monetary System Chapter 6 Inflation: Its Causes, Effects, and Social Costs Chapter 7 The Open Economy Chapter 8 Unemployment and the Labor Market Part III Growth Theory: The Economy in the Very Long Run Chapter 9 Capital Accumulation as a Source of Growth Chapter 10 Population Growth and Technological Progress Chapter 11 Growth Empirics and Policy Part IV Business Cycle Theory: The Economy in the Short Run Chapter 12 Introduction to Economic Fluctuations Chapter 13 Aggregate Demand I: Building the IS-LM Model Chapter 14 Aggregate Demand II: Applying the IS-LM Model Chapter 15 The Open Economy Revisited: The Mundell-Fleming Model and the Exchange-Rate Regime Chapter 16 Aggregate Supply and the Short-Run Tradeoff Between Inflation and Unemployment Part V Topics in Macroeconomic Theory and Policy Chapter 17 A Dynamic Model of Economic Fluctuations Chapter 18 Alternative Perspectives on Stabilization Policy Chapter 19 Government Debt and Budget Deficits Chapter 20 Banking and Monetary Policy Chapter 21 The Financial System: Opportunities and Dangers Chapter 22 The Microfoundations of Consumption and Investment Epilogue What We Know, What We Don't
Preface Part I Introduction Chapter 1 The Science of Macroeconomics Chapter 2 The Data of Macroeconomics Part II Classical Theory: The Economy in the Long Run Chapter 3 National Income: How It Is Earned Chapter 4 National Income: How It Is Spent Chapter 5 A First Look at the Monetary System Chapter 6 Inflation: Its Causes, Effects, and Social Costs Chapter 7 The Open Economy Chapter 8 Unemployment and the Labor Market Part III Growth Theory: The Economy in the Very Long Run Chapter 9 Capital Accumulation as a Source of Growth Chapter 10 Population Growth and Technological Progress Chapter 11 Growth Empirics and Policy Part IV Business Cycle Theory: The Economy in the Short Run Chapter 12 Introduction to Economic Fluctuations Chapter 13 Aggregate Demand I: Building the IS-LM Model Chapter 14 Aggregate Demand II: Applying the IS-LM Model Chapter 15 The Open Economy Revisited: The Mundell-Fleming Model and the Exchange-Rate Regime Chapter 16 Aggregate Supply and the Short-Run Tradeoff Between Inflation and Unemployment Part V Topics in Macroeconomic Theory and Policy Chapter 17 A Dynamic Model of Economic Fluctuations Chapter 18 Alternative Perspectives on Stabilization Policy Chapter 19 Government Debt and Budget Deficits Chapter 20 Banking and Monetary Policy Chapter 21 The Financial System: Opportunities and Dangers Chapter 22 The Microfoundations of Consumption and Investment Epilogue What We Know, What We Don't
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