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When looking to bridge the gap between global economic events and their own daily lives, Americans have increasingly turned to Paul Krugman. His lucid grasp of economics in action and his uncanny way of translating complex issues into everyday terms have made him a bestselling author and the most widely read economist writing for the general public today.
That ability to communicate economic concepts clearly and engagingly is at the heart of Macroeconomics, coauthored by Krugman and Robin Wells. The new Second Edition of this bestselling introductory level text (available January 2009) offers more of Krugman’s signature voice, more coverage of policy, and an extraordinary amount of new examples and explanations, as well as a number of content and organizational changes that are meeting the approval of instructors nationwide.
Watch a video interview of Paul Krugman here.
PART 1 What is Economics?
Intro: The Ordinary Business of Life
1 First Principles
2 Economic Models: Trade-offs and Trade
Appendix: Graphs in Economics
PART 2 Supply and Demand
3 Supply and Demand
4 Price Controls and Quotas: Meddling with Markets
5 International Trade
Appendix: Consumer and Producer Surplus
PART 3 Introduction to Macroeconomics
6 Macroeconomics: The Big Picture
7 Tracking the Macroeconomy
8 Unemployment and Inflation
PART 4 Long-run Economic Growth
9 Long-Run Economic Growth
10 Savings, Investment Spending, and the Financial System
PART 5 Short-run Economic Fluctuations
11 Income and Expenditure
Appendix: Deriving the Multiplier Algebraically
12 Aggregate Demand and Aggregate Supply
PART 6 Stabilization Policy
13 Fiscal Policy
Appendix: Taxes and the Multiplier
14 Money, Banking, and the Federal Reserve System
15 Monetary Policy
Appendix: Reconciling Two Models of the Interest Rate
16 Inflation, Disinflation, and Deflation
17 Crises and Consequences
PART 7 Events and Ideas
18 Events and Ideas
PART 8 The Open Economy
19 Open-Economy Macroeconomics
Posted April 27, 2013
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