Macroeconomics : Principles, Problems, and Policies / Edition 17

Macroeconomics : Principles, Problems, and Policies / Edition 17

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by Campbell R. McConnell, Stanley L. Brue
     
 

ISBN-10: 0073342394

ISBN-13: 9780073342399

Pub. Date: 12/30/2006

Publisher: McGraw-Hill Companies, The

Known for clarity,patience,balance,and step-by-step presentations of difficult topics,Macroeconomics has defined excellence among textbooks. In this edition of Macroeconomics,the authors have continued to consolidate material,keeping the text among the shortest available,while focusing on three primary areas of change: (1) a comprehensive restructuring of the…  See more details below

Overview

Known for clarity,patience,balance,and step-by-step presentations of difficult topics,Macroeconomics has defined excellence among textbooks. In this edition of Macroeconomics,the authors have continued to consolidate material,keeping the text among the shortest available,while focusing on three primary areas of change: (1) a comprehensive restructuring of the presentation of macroeconomics,(2) internationalization and thorough updating of the presentation,(3) the addition of new pedagogical features to help students get the most from every chapter.

Product Details

ISBN-13:
9780073342399
Publisher:
McGraw-Hill Companies, The
Publication date:
12/30/2006
Edition description:
Student
Product dimensions:
8.50(w) x 10.80(h) x 1.20(d)

Table of Contents

Preface
Contributors
To the Student
1The Nature and Method of Economics1
2The Economizing Problem21
3Understanding Individual Markets: Demand and Supply39
4Pure Capitalism and the Market System58
5The Mixed Economy: Private and Public Sectors74
6The United States in the Global Economy96
7Measuring Domestic Output, National Income, and the Price Level119
8Macroeconomic Instability: Unemployment and Inflation143
9Building the Aggregate Expenditures Model166
10Aggregate Expenditures: The Multiplier, Net Exports, and Government191
11Aggregate Demand and Aggregate Supply213
12Fiscal Policy234
13Money and Banking253
14How Banks Create Money276
15The Federal Reserve Banks and Monetary Policy293
16Alternative Views on Macro Theory and Policy317
17The Inflation-Unemployment Relationship338
18Budget Deficits and the Public Debt362
19Economic Growth379
20International Trade399
21Exchange Rates, the Balance of Payments, and Trade Deficits423
22Growth and the Less Developed Countries450
23Russia: An Economy in Transition473
Answers to Key QuestionsA-1
GlossaryG-1
IndexI-1

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