Macroeconomics in Context / Edition 1

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Macroeconomics in Context updates the introductory undergraduate curriculum to address critical concerns of the 21st century, including distributional equity, ecological sustainability, the quality of employment, globalization, and the adequacy of living standards. Unlike most macroeconomics texts, which begin with concepts of efficiency and GDP growth, this book starts with the question of human well-being, and then examines how economic activities can contribute to, or detract from, our well-being.
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Product Details

  • ISBN-13: 9780765622976
  • Publisher: Taylor & Francis
  • Publication date: 9/28/2008
  • Edition description: Older Edition
  • Edition number: 1
  • Pages: 464
  • Product dimensions: 7.50 (w) x 9.10 (h) x 0.90 (d)

Table of Contents

Pt. 1 The Context for Economic Analysis

Ch. 1 Economic Activity in Context 3

Ch. 2 Useful Tools and Concepts 22

Ch. 3 What Economies Do 47

Ch. 4 Supply and Demand 72

Pt. 2 Macroeconomic Basics

Ch. 5 Macroeconomic Measurement: The Current Approach 95

Ch. 6 Macroeconomic Measurement: Environmental and Social Dimensions 125

Ch. 7 Employment and Unemployment 149

Ch. 8 The Structure of the United States Economy 171

Pt. 3 Macroeconomic Theory and Policy

Ch. 9 Aggregate Demand and Economic Fluctuations 203

Ch. 10 Fiscal Policy 234

Ch. 11 Money and Monetary Policy 258

Ch. 12 Aggregate Supply, Aggregate Demand, and Inflation: Putting It All Together 294

Pt. 4 Macroeconomic Issues and Applications

Ch. 13 The Global Economy 329

Ch. 14 How Economies Grow and Develop 361

Ch. 15 Macroeconomic Challenges for the Twenty-First Century 385

Glossary 416

Index 429

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