Macroeconomics with Infotrac / Edition 7

Macroeconomics with Infotrac / Edition 7

by Roger A. Arnold
     
 

ISBN-10: 0324236670

ISBN-13: 9780324236675

Pub. Date: 01/28/2005

Publisher: Cengage South-Western

Offering a unique blend of solid theoretical content and student accessibility, this text: 1) covers all the basics of macroeconomics, 2) gives students a clear idea of how economists think about the world, 3) stresses the key concepts in economics, and 4) is extremely rich in intriguing applications that convey the prevalence of economics in everyday life. Many

Overview

Offering a unique blend of solid theoretical content and student accessibility, this text: 1) covers all the basics of macroeconomics, 2) gives students a clear idea of how economists think about the world, 3) stresses the key concepts in economics, and 4) is extremely rich in intriguing applications that convey the prevalence of economics in everyday life. Many principles instructors are constantly challenged with the goal of getting students excited about realization that economics is everywhere! Arnold has taken this to another level. He is so passionate about touching his students that he felt the need to write a Macroeconomics text that is dedicated to opening the science of economics through the pictures and applications of our lives. Arnold is considered the most innovative author in this market to meet the fast pace interests of both instructors and students. His five themes of Theory and Model building, Key Concepts, Primary and Secondary Consequences, Real-World Applications, and the idea that Economics is about gifts, exchanges, and transfers, set the tone for a teaching text that is extremely approachable by instructors and students.

Product Details

ISBN-13:
9780324236675
Publisher:
Cengage South-Western
Publication date:
01/28/2005
Edition description:
Older Edition
Pages:
504
Product dimensions:
8.40(w) x 9.90(h) x 0.60(d)

Table of Contents

An Introduction to Economics
Part 1Economics: The Science of Scarcity
Chapter 1What Economics Is About1
Appendix AWorking with Diagrams22
Chapter 2Trade, Tradeoffs, and Economic Systems31
Chapter 3Supply, Demand, and Price: The Theory56
Chapter 4Applications of Supply and Demand: Explaining and Predicting Market and Nonmarket Behavior87
Macroeconomics
Part 2Macroeconomic Fundamentals
Chapter 5Macroeconomic Measurements, Part I: Prices and Unemployment113
Chapter 6Macroeconomic Measurements, Part II: GDP and Real GDP136
Part 3Macroeconomic Stability, Instability, and Fiscal Policy
Chapter 7Aggregate Demand and Aggregate Supply159
Chapter 8The Self-Regulating Economy189
Chapter 9Economic Instability: A Critique of the Self-Regulating Economy207
Chapter 10Fiscal Policy232
Chapter 11Taxes, Deficits, Surpluses, and the Public Debt255
Part 4Money, the Economy, and Monetary Policy
Chapter 12Money and Banking274
Chapter 13The Federal Reserve System294
Chapter 14Money and the Economy312
Chapter 15Monetary Policy340
Part 5Expectations and Growth
Chapter 16Expectations Theory and the Economy363
Chapter 17Economic Growth: Resources, Technology, and Ideas384
The World Economy
Part 6International Economics: Theory and Policy
Chapter 18International Trade401
Chapter 19International Finance420
Chapter 20International Economic Development452
Self-Test Appendix465
Glossary483
Index491
Photo Credits501

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