With over 20 years experience teaching the economics principles course, Bob Sexton's dedication and enthusiasm shines through in Exploring Macroeconomics, Second Edition. This text offers students lively, back-to-the-basics approach designed to take the intimidation out of economics. With its short, self-contained learning units and its carefully chosen pedagogy, graphs, and photos, this text will help students' master and retain the principles of economics.
1. The Role and Method of Economics 2.Six Powerful Ideas for the Economics Way of Thinking. APPENDIX: Working with Graphs 3.Scarcity and the Economizing Problem 4.Supply and Demand 5.Elasticities 6.Consumer Choice and Welfare. APPENDIX: Consumer Choice Theory 7.The Public Sector 8.Introduction to Macroeconomy 9.Measuring Economic Performance 10.Economic Growth in the Global Economy 11.Aggregate Demand. APPENDIX: Aggregate Expenditure Model 12.Aggregate Supply and Macroeconomic Equilibrium 13.Fiscal Policy 14.Money and the Banking System 15.The Federal Reserve System and Monetary Policy 16.Issues in Macroeconomic Theory and Policy 17.International Trade 18.International Finance.