Macroeconomics: Principles and Policy

Macroeconomics: Principles and Policy

by William J. Baumol
     
 

ISBN-10: 0538453648

ISBN-13: 9780538453646

Pub. Date: 09/28/2011

Publisher: Cengage Learning

This introductory economics textbook discusses the basics of supply and demand, markets, competition and monopoly, the distribution of income, the relationship between the government and the economy, macroeconomics, fiscal and monetary policy, and the role of the United States in the global economy. Companion CD-ROMs contain self-tests, graphing workshops, video clips

Overview

This introductory economics textbook discusses the basics of supply and demand, markets, competition and monopoly, the distribution of income, the relationship between the government and the economy, macroeconomics, fiscal and monetary policy, and the role of the United States in the global economy. Companion CD-ROMs contain self-tests, graphing workshops, video clips, and applications. A separate study guide is also included. Annotation (c)2003 Book News, Inc., Portland, OR

Product Details

ISBN-13:
9780538453646
Publisher:
Cengage Learning
Publication date:
09/28/2011

Table of Contents

PART. I. GETTING ACQUAINTED WITH ECONOMICS. 1. What Is Economics? 2. The Use and Misuse of Graphs. 3. The Economy: Myth and Reality. 4. Scarcity and Choice: The Economic Problem. 5. Supply and Demand: An Initial Look. PART II. THE MACROECONOMY: AGGREGATE SUPPLY AND DEMAND. 6. The Realm of Macroeconomics. 7. The Goals of Macroeconomic Policy. 8. Income and Spending: The Powerful Consumer. 9. Demand-Side Equilibrium: Unemployment or Inflation? 10. Changes on the Demand Side: Multiplier Analysis. 11. Supply-Side Equilibrium: Unemployment and Inflation? PART III. FISCAL AND MONETARY POLICY. 12. Managing Aggregate Demand: Fiscal Policy. 13. Money and the Banking System. 14. Monetary Policy and the National Economy. 15. The Debate Over Monetary Policy. 16. Deficits, Monetary Policy, and Growth. 17. The Phillips Curve and Economic Growth. PART IV. THE UNITED STATES IN THE WORLD ECONOMY. 18. International Trade and Comparative Advantage. 19. The International Monetary System: Order or Disorder? 20. Exchange Rates and the Macroeconomy.

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