Macroeconomics : Principles and Tools

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The most successful first edition of a principles of economics text in Prentice Hall history. The authors build a framework for economic reasoning on the Five Principles of Economics then moves the student from memorization to understanding by applying these simple, intuitive and memorable principles repeatedly throughout the text in an "active learning" environment (Economic Experiments, Economic Detective, Using the Tools). The goal is for student to not only think like economists, but to act like economists. The economics analysis is rigorous yet accessible to the average student. The macroeconomics organization is modern and balanced, with equal weight given to showing how they are linked. WebCT, Blackboard, myPHLIP more

Product details

  • Paperback | 411 pages
  • 202 x 250 x 20mm | 798.32g
  • Pearson Education Limited
  • Prentice-Hall
  • Harlow, United Kingdom
  • 2nd edition
  • index
  • 0130189758
  • 9780130189752

Table of contents

I. INTRODUCTION AND KEY PRINCIPLES. 1. Introduction: What Is Economics? 2. Key Principles of Economics. 3. Markets in the Global Economy. 4. Supply, Demand, and Market Equilibrium. II. THE BASIC CONCEPTS IN MACROECONOMICS. 5. Measuring a Nation's Production and Income. 6. Unemployment and Inflation. III. THE ECONOMY IN THE LONG RUN. 7. Classical Economics: The Economy at Full Employment. 8. Why Do Economies Grow? IV. ECONOMIC FLUCTUATIONS. 9. Aggregate Demand and Aggregate Supply. 10. Keynesian Economics and Fiscal Policy. 11. Investment and Financial Intermediation. V. MONEY, BANKING, AND MONETARY POLICY. 12. Money, the Banking System, and the Federal Reserve. 13. Monetary Policy in the Short Run. VI. INFLATION, UNEMPLOYMENT, AND ECONOMIC POLICY. 14. From the Short Run to the Long Run. 15. The Dynamics of Inflation and Unemployment. 16. Current Issues in Macroeconomic Policy. VII. THE INTERNATIONAL ECONOMY. 17. International Trade and Public Policy. 18. The World of International more

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18 ratings
4.11 out of 5 stars
5 50% (9)
4 28% (5)
3 11% (2)
2 6% (1)
1 6% (1)
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