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Taking a "just-in-time" approach by introducing material just as it is needed to develop an argument, MACROECONOMICS: A CONTEMPORARY APPROACH, Eighth Edition, truly leads by example. In a decidedly non-condescending tone, McEachern assumes that students are already intuitively familiar with many economic concepts through their own life experiences. These life experiences are then explained to students as economic concepts with clear and interesting exposition, relevant case studies, and a clean focused design. The text's major applications take the form of case studies that are meant to be read and therefore are integrated into the flow of each chapter. With this eighth edition, the book's well-crafted approach is enhanced with resources—such as Aplia and CengageNOW—that will help your students improve their understanding and will help you streamline tasks and save valuable time.
1 Introduction to Economics. 0100 The Art and Science of Economic Analysis. 0200 Economic Tools and Economic Systems. 0300 Economic Decision Makers. 0400 Demand, Supply, and Markets. 2 Fundamentals of Macroeconomics. 0500 Introduction to Macroeconomics. 0600 Productivity and Growth. 0700 Tracking the U.S. Economy. 0800 Unemployment and Inflation. 0900 Aggregate Expenditure. 1000 Aggregate Expenditure and Aggregate Demand. 1100 Aggregate Supply. 3 Fiscal and Monetary Policy. 1200 Fiscal Policy. 1300 Federal Budgets and Public Policy. 1400 Money and the Financial System. 1500 Banking and the Money Supply. 1600 Monetary Theory and Policy. 1700 Macro Policy Debate: Active or Passive? 4 International Economics. 1800 International Trade. 1900 International Finance. 2000 Developing and Transitional Economies.