ISBN-10:
0077416473
ISBN-13:
2900077416477
Pub. Date:
01/06/2012
Publisher:
McGraw-Hill Professional Publishing
Macro Economy Today / Edition 13

Macro Economy Today / Edition 13

by Bradley Schiller

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Overview

Macro Economy Today / Edition 13

The Macro Economy Today is noted for three great strengths: readability, policy orientation, and pedagogy. The accessible writing style engages students and brings some of the excitement of domestic and global economic news into the classroom. Schiller emphasizes how policymakers must choose between government intervention and market reliance to resolve the core issues of what, how, and for whom to produce. This strategic choice is highlighted throughout the full range of micro, macro, and international issues, and every chapter ends with a policy issue that emphasizes the markets vs. government dilemma. The authors teach economics in a relevant context, filling chapters with the real facts and applications of economic life. Schiller is also the only principles text that presents all macro theory in the single consistent context of the AS/AD framework.

The Macro Economy Today, fourteenth edition, is thoroughly integrated with the adaptive digital tools available in McGraw-Hill’s LearnSmart Advantage Suite, proven to increase student engagement and success in the course.

Product Details

ISBN-13: 2900077416477
Publisher: McGraw-Hill Professional Publishing
Publication date: 01/06/2012
Edition description: NE
Pages: 544
Product dimensions: 8.50(w) x 10.80(h) x 0.90(d)

About the Author

Karen Gebhardt is a faculty member in the Department of Economics at Colorado State University (CSU). Dr. Gebhardt has a passion for teaching economics. She regularly instructs large introductory courses in macro and microeconomics, small honors sections of these core principles courses, and upper division courses in Public Finance, Microeconomics, and International Trade, as well as a graduate course in teaching methods. She is an early adopter of technology in the classroom and advocates strongly for it because she sees the difference it makes in student engagement and learning. Dr. Gebhardt has taught online consistently since 2005 and coordinates the online program within the Department of Economics at CSU. She also supervises and mentors the department’s graduate teaching assistants and adjunct instructors. Dr. Gebhardt was the recipient of the Water Pik Excellence in Education Award in 2006 and was awarded the CSU Best Teacher Award in 2015. Dr. Gebhardt’s research interests, publications, and presentations involve the economics of human–wildlife interaction, economics education, and the economics of gender in the United States economy. Before joining CSU, she worked as an Economist at the United States Department of Agriculture/Animal and Plant Health Inspection Service/Wildlife Services/National Wildlife Research Center conducting research on the interactions of humans and wildlife, such as the economic effects of vampire bat-transmitted rabies in Mexico; the potential economic damage from the introduction of invasive species to the Islands of Hawaii; bioeconomic modeling of the impacts of wildlife-transmitted disease; and others. In her free time, Dr. Gebhardt enjoys learning about new teaching methods that integrate technology, as well as rock climbing and camping in the Colorado Rockies and beyond.

Bradley R. Schiller has over four decades of experience teaching introductory economics at American University, the University of California (Berkeley and Santa Cruz), the University of Maryland, and the University of Nevada (Reno). He has given guest lectures at more than 300 colleges ranging from Fresno, California, to Istanbul, Turkey. Dr. Schiller’s unique contribution to teaching is his ability to relate basic principles to current socioeconomic problems, institutions, and public policy decisions. This perspective is evident throughout Essentials of Economics. Dr. Schiller derives this policy focus from his extensive experience as a Washington consultant. He has been a consultant to most major federal agencies, many congressional committees, and political candidates. In addition, he has evaluated scores of government programs and helped design others. His studies of income inequality, poverty, discrimination, training programs, tax reform, pensions, welfare, Social Security, and lifetime wage patterns have appeared in both professional journals and popular media. Dr. Schiller is also a frequent commentator on economic policy for television, radio, and newspapers. Dr. Schiller received his PhD from Harvard and his BA degree, with great distinction, from the University of California (Berkeley). When not teaching, writing, or consulting, Professor Schiller is typically on a tennis court, schussing down a ski slope, or enjoying the crystal blue waters of Lake Tahoe.

Table of Contents

Part 1 The Economic Challenge

Chapter 1 Economics: The Core Issues

Appendix: Using Graphs

Chapter 2 The U.S. Economy: A Global View

Chapter 3 Supply and Demand

Chapter 4 The Role of Government
Part 2 Measuring Macro Outcomes

Chapter 5 National-Income Accounting

Chapter 6 Unemployment

Chapter 7 Inflation
Part 3 Cyclical Instability

Chapter 8 The Business Cycle

Chapter 9 Aggregate Demand

Appendix: The Keynesian Cross

Chapter 10 Self-Adjustment or Instability?
Part 4 Fiscal Policy Tools

Chapter 11 Fiscal Policy

Chapter 12 Deficits and Debt
Part 5 Monetary Policy Options

Chapter 13 Money and Banks

Chapter 14 The Federal Reserve System

Chapter 15 Monetary Policy
Part 6 Supply-Side Options

Chapter 16 Supply-Side Policy: Short-run Options

Chapter 17 Growth and Productivity: Long-run Possibilities
Part 7 Policy Constraints

Chapter 18 Theory versus Reality
Part 8 Product Markets: The Basics

Chapter 19 Consumer Demand

Appendix: Indifference Curves

Chapter 20 The Costs of Production
Part 9 Market Structure

Chapter 21 The Competitive Firm

Chapter 22 Competitive Markets

Chapter 23 Monopoly

Chapter 24 Oligopoly

Chapter 25 Monopolistic Competition
Part 10 Regulatory Issues

Chapter 26 (De)Regulation of Business

Chapter 27 Environmental Protection

Chapter 28 The Farm Problem
Part 11 Factor Markets: Basic Theory

Chapter 29 The Labor Market

Chapter 30 Labor Unions

Chapter 31 Financial Markets
Part 12 Distributional Issues

Chapter 32 Taxes: Equity versus Efficiency

Chapter 33 Transfer Payments: Welfare and Social Security
Part 13 International Economics

Chapter 34 International Trade

Chapter 35 International Finance

Chapter 36 Global Poverty

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