Macroeconomics eThemes of the Times Update Edition plus MyEconLab 1-semester Student Access Kit

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More About This Textbook

Overview

Like so many experienced teachers, these authors believe students learn best if topics are introduced in the context of ideas and situations they can relate to. This textbook mirrors what professors already do in the classroom: it frames each major concept in a student-oriented example that extends through the entire chapter.

Introduction: Economics: The Science of Everyday Life; Efficiency and Allocation in the Global Economy; The American Economy in a Global Setting; Introduction to the Demand and Supply Framework; Elasticity; Market Efficiency and Government Intervention. Measuring Macroeconomic Health: Unemployment and Employment; Inflation and Prices; GDP and the Business Cycle/ The Aggregate Demand, Aggregate Supply, and Fiscal Policy: Aggregate Demand/Aggregate Supply: The Basic Model; From Short-Run to Long-Run Equilibrium: The Model in Action; The Role of Aggregate Demand in the Short-Run; Fiscal Policy; The Federal Budget and the National Debt. Money and Monetary Policy: Basics of Money and Banking; Money Creation and Monetary Policy; Money in the Macroeconomy. Long-Run Economic Health: Long-Run Implications of Macroeconomic Policy; Economic Growth. International Trade and Finance: International Trade; International Finance.

For all readers interested in macroeconomics.

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Product Details

  • ISBN-13: 9780321492333
  • Publisher: Addison Wesley
  • Publication date: 11/17/2006
  • Edition description: New Edition
  • Product dimensions: 8.50 (w) x 9.90 (h) x 1.20 (d)

Table of Contents

Part 1: Introduction
Chapter 1. Economics: The Science of Everyday Life
EXAMPLE: Registering for Class on the First Day of the Semester

Chapter 2. Efficiency and Allocation in the Global Economy
EXAMPLE: U.S Spending on Military Build-up and Healthcare

Chapter 3. The American Economy in a Global Setting
EXAMPLE: Ups and Downs of Pittsburgh’s Steel Industry

Chapter 4. Introduction to the Demand and Supply Framework
EXAMPLE: Market for Coffee in Burlington, Vermont

Chapter 5. Elasticity
EXAMPLE: Lunchtime Market for Fast Food

Chapter 6. Market Efficiency and Government Intervention
EXAMPLE: Buying a Laptop Computer for College

Part 2: Measuring Macroeconomic Health
Chapter 7. Unemployment and Employment
EXAMPLE: Unemployed College Grad in the San Francisco Job Market

Chapter 8. Inflation and Prices
EXAMPLE: Hyperinflation in Germany During the 1920's

Chapter 9. GDP and the Business Cycle
EXAMPLE: Buying American: Toyota Matrix or Ford Focus

Part 3: The Aggregate Demand, Aggregate Supply, and Fiscal Policy
Chapter 10. Aggregate Demand/Aggregate Supply: The Basic Model
EXAMPLE: Comparison of Macroeconomic Outcomes After the Vietnam War and the Gulf Wars

Chapter 11. From Short-Run to Long-Run Equilibrium: The Model in Action
EXAMPLE: Cross-country Comparison of Economies' Performances

Chapter 12. The Role of Aggregate Demand in the Short-Run
EXAMPLE: Hollywood's Fascination with the Great Depression

Chapter 13. Fiscal Policy
EXAMPLE: "Blame Game Over the Health of the Economy During Presidential Elections

Chapter 14. The Federal Budget and the National Debt
EXAMPLE: Spiraling U.S. National Debt

Part 4: Money and Monetary Policy
Chapter 15. Basics of Money and Banking
EXAMPLE: Private Currency in Ithaca, New York

Chapter 16. Money Creation and Monetary Policy
EXAMPLE: Federal Reserve Actions to Stabilize the U.S. Economy in the Wake of 9/11

Chapter 17. Money in the Macroeconomy
EXAMPLE: Federal Reserve Doubles M1 Money Supply

Part 5: Long-Run Economic Health
Chapter 18. Long-Run Implications of Macroeconomic Policy
EXAMPLE: Debate Over Active versus Passive Stabilization Policies in Response to the 2001 Recession

Chapter 19. Economic Growth
EXAMPLE: Comparing the U.S. and Mexican Economies

Part 6: International Trade and Finance
Chapter 20. International Trade
EXAMPLE: Anti-globalization Protesters at the WTO Meeting in Seattle

Chapter 21. International Finance
EXAMPLE: The Argentine Financial Crisis

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