Macro Study Guide

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This brand-new principles of macroeconomics text is the most exciting new entry in years. Written by two well-known and well-respected economists,Bob Frank and Ben Bernanke,the text seeks to teach introductory students the core economic concepts—the essence of economics—without overwhelming them with details. Principles of Macroeconomics presents the material in an intuitive way that avoids excessive math. The authors introduce a well-articulated short list of core principles,reinforce them by illustrating and ...
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Overview

This brand-new principles of macroeconomics text is the most exciting new entry in years. Written by two well-known and well-respected economists,Bob Frank and Ben Bernanke,the text seeks to teach introductory students the core economic concepts—the essence of economics—without overwhelming them with details. Principles of Macroeconomics presents the material in an intuitive way that avoids excessive math. The authors introduce a well-articulated short list of core principles,reinforce them by illustrating and applying each principle in several contexts,and then ask students to work exercises to see what they've learned The text seeks to create "Economic Naturalists"; that is,after reading the text,students will ask (and answer) questions about their economic environment. For example,students will see Braille dots on drive-up ATMs and ask why they're there. Peppered with such thought-provoking examples,Frank and Bernanke not only engage students,but teach them to see each feature of their economic landscape as the reflection of an implicit or explicit cost-benefit calculation
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Product Details

  • ISBN-13: 9780072289688
  • Publisher: McGraw-Hill Companies, The
  • Publication date: 12/7/2000
  • Edition description: Study Guid
  • Edition number: 1
  • Pages: 270
  • Product dimensions: 8.40 (w) x 10.80 (h) x 0.60 (d)

Table of Contents

Part I Introduction
1. Thinking Like an Economist
2. Some Common Pitfalls for Decision Makers
3. Comparative Advantage: The Basis for Exchange
4. Supply and Demand: An Introduction
Part II Introduction to Macro and Measuring the Economy
5. Macroeconomics: The Bird's-Eye View of the Economy
6. Measuring Economic Activity: GDP and Unemployment
7. Measuring the Price Level and Inflation
Part III The Long Run
8. Economic Growth, Productivity, and Living Standards
9. Workers, Wages, and Unemployment in the Modern Economy
10. Saving and Capital Formation
11. Money, Financial Markets, and the Federal Reserve
Part IV The Short Run
12. Short-term Economic Fluctuations: An Introduction
13. Aggregate Demand and Output in the Short Run
14. Stabilizing Aggregate Demand: The Role of the Fed
15. Inflation and Aggregate Supply
Part V The International Economy
16. International Trade and Capital Flows
17. Exchange Rates and the Open Economy
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