Shorter, more powerful, and easier to use. MACROECONOMICS, CONCISE EDITION covers all core economics topics including international trade and finance, helping you understand key topics in less time. Arnold also provides streamlined coverage of important macroeconomics concepts such as the relationship between money and banking, or fiscal policy. All this in just 24 chapters makes this the textbook that will help you succeed on the test and get ready for your first big job.
Roger A. Arnold is Professor of Economics at California State University San Marcos, where his fields of specialization include general microeconomic theory and monetary theory. A widely respected authority on economic issues, Dr. Arnold is a regularly featured expert on talk radio discussing the state of the economy. He is also a proven author who has written numerous academic articles, hundreds of newspaper columns, as well as the popular ECONOMICS: NEW WAYS OF THINKING and principles of economics supplementary text HOW TO THINK LIKE AN ECONOMIST. Dr. Arnold has been a member of the economics faculty at California State University Northridge, University of Oklahoma, Hillsdale College, University of Nevada Las Vegas, and California State University San Marcos. He served as chair of the economics department for two years at University of Nevada Las Vegas and for seven years at California State University San Marcos. He is currently chair of the economics department at California State University San Marcos. During his tenure at UNLV he was regularly one of the top five finalists for the teacher of the year honor (in the College of Business and Economics), and in 1987 he received the best researcher of the year award. Dr. Arnold earned a B.S. in economics in 1974 from the University of Birmingham in England and received his M.A. in 1976 and his Ph.D. in 1979 from Virginia Polytechnic Institute and State University.
AN INTRODUCTION TO ECONOMICS. PART 1. ECONOMICS THE SCIENCE OF SCARCITY. 1. What Economics Is About. Appendix A: Working with Diagrams. Appendix B: Should You Major in Economics? 2. Economic Activities: Producing and Trading. 3. Supply and Demand: Theory. MACROECONOMICS. PART 2. MACROECONOMIC FUNDAMENTALS 4. Macroeconomic Measurements. PART 3. MACROECONOMIC STABILITY AND INSTABILITY. 5. Aggregate Demand and Aggregate Supply. 6. The Self-Regulating Economy. 7. Economic Instability: A Critique of the Self-Regulating Economy. PART 4. MONEY AND BANKING, FISCAL POLICY, MONETARY POLICY. 8. Money, Banking, and the Federal Reserve. 9. Money, the Price Level, and Interest Rates. 10. Monetary Policy and Fiscal Policy. PART 5. EXPECTATIONS AND GROWTH. 11. Expectations Theory and the Economy. 12. Economic Growth. THE WORLD ECONOMY. PART 6. INTERNATIONAL ECONOMICS: THEORY AND POLICY. 13. International Trade and Finance.