Economics: Macroeconomics (Chapters 1-4, 22-37) / Edition 5

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Second Edition.The core of the principles course has been around for more than 100 years, and other important elements, especially part of the theory of the firm and Keynesian macro-economics, have been with us for more than 50 years. But economics has also been developing and changing rapidly during the past few decades. All principles texts pay some attention to these more recent developments, but none has succeeded in integrating the new and traditional. My goal has been to incorporate new ideas-game theory, the modern theory of the firm, information, and public choice-into the body of timeless principles.
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Product Details

  • ISBN-13: 9780201473865
  • Publisher: Pearson Education
  • Publication date: 7/22/1999
  • Edition description: Older Edition
  • Edition number: 5
  • Pages: 568
  • Product dimensions: 8.00 (w) x 0.75 (h) x 10.50 (d)

Table of Contents

Pt. 1 Introduction 1
Ch. 1 What Is Economics? 5
Ch. 2 Making and Using Graphs 27
Ch. 3 Production, Specialization, and Exchange 49
Ch. 4 Demand and Supply 71
Pt. 2 Introduction to Macroeconomics 97
Ch. 5 Inflation, Unemployment, Cycles, and Deficits 101
Ch. 6 Measuring Output and the Price Level 127
Ch. 7 Aggregate Demand and Aggregate Supply 156
Pt. 3 Aggregate Demand Fluctuations 184
Ch. 8 Expenditure Decisions and GDP 188
Ch. 9 Expenditure Fluctuations and Fiscal Policy 219
Ch. 10 Money, Banking, and Prices 246
Ch. 11 The Federal Reserve, Money, and Interest Rates 278
Ch. 12 Fiscal and Monetary Influences on Aggregate Demand 306
Pt. 4 Aggregate Supply, Inflation, and Recession 332
Ch. 13 Productivity, Wages, and Unemployment 336
Ch. 14 Inflation 366
Ch. 15 Recessions and Depressions 394
Pt. 5 Macroeconomic Policy 417
Ch. 16 Stabilizing the Economy 421
Ch. 17 The Deficit 446
Pt. 6 International Economics 469
Ch. 18 Trading with the World 473
Ch. 19 The Balance of Payments and the Dollar 500
Pt. 7 Growth, Development, and Reform 527
Ch. 20 Growth and Development 531
Ch. 21 Economic Systems in Transition 550
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