Principles of Macroeconomics, Global Edition

Name: Principles of Macroeconomics, Global Edition
Price: 4390 ISK
Availability: InStock
Author: Karl E. Case; Ray C. Fair; Sharon E. Oster
ISBN: 9781292756196

Höfundar: Karl E. Case; Ray C. Fair; Sharon E. Oster (Útgáfa: 14)

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For principles of macroeconomics courses. All-time best-selling principles of macroeconomics title Principles of Macroeconomics is trusted for its clear, thorough and complete coverage of how market economies function. Building from Keynesian Cross up to AD/AS models, it balances economic theory, institutional material and real-world examples, with emphasis on the art and science of economic thinking.

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Útgefandi: Pearson International Content

ISBN: 9781292756196

Print ISBN: 9781292488387

Format: ePub

Útgáfa: 14

Höfundar: Karl E. Case; Ray C. Fair; Sharon E. Oster

Tungumál: English

Útgefið: 2026-03-17

Prent takmörkun á líftíma: 100

Prent takmörkun: 2

Afritunar takmörkun: 2

Kaflar

Cover
Cover
Front Matter
Title Page
Copyright
About the Authors
Preface
Interactive Media Contents
1: The Scope and Method of Economics (Part I: Introduction to Economics)
Introduction: The Scope and Method of Economics
1.1: Why Study Economics?
1.2: The Scope of Economics
1.3: The Method of Economics
1.4: An Invitation
1.5: Economic Skills and Economics as a Career
Summary: The Scope and Method of Economics
1 Appendix: How to Read and Understand Graphs
Introduction: How to Read and Understand Graphs
1A.1: Time Series Graphs
1A.2: Graphing Two Variables
1A.3: Plotting Income and Consumption Data for Households
1A.4: Slope
1A.5: Some Precautions
Summary: How to Read and Understand Graphs
2: The Economic Problem: Scarcity and Choice
Introduction: The Economic Problem: Scarcity and Choice
2.1: Scarcity, Choice, and Opportunity Cost
2.2: Economic Systems and the Role of Government
Summary: The Economic Problem: Scarcity and Choice
3: Demand, Supply, and Market Equilibrium
Introduction: Demand, Supply, and Market Equilibrium
3.1: Firms and Households: The Basic Decision-Making Units
3.2: Input Markets and Output Markets: The Circular Flow
3.3: Demand in Product/Output Markets
3.4: Supply in Product/Output Markets
3.5: Market Equilibrium
Summary: Demand, Supply, and Market Equilibrium
4: Demand and Supply Applications
Introduction: Demand and Supply Applications
4.1: The Price System: Rationing and Allocating Resources
4.2: Supply and Demand Analysis: Tariffs (Tax)
4.3: Supply and Demand and Market Efficiency
Summary: Demand and Supply Applications
5: Introduction to Macroeconomics (Part II: Concepts and Problems in Macroeconomics)
Introduction: Introduction to Macroeconomics
5.1: Macroeconomic Concerns
5.2: The Components of the Macroeconomy
5.3: A Brief History of Macroeconomics
5.4: The U.S. Economy Since 1970
Summary: Introduction to Macroeconomics
6: Measuring National Output and National Income
Introduction: Measuring National Output and National Income
6.1: Gross Domestic Product
6.2: Calculating GDP
6.3: Nominal versus Real GDP
6.4: Limitations of the GDP Concept
Summary: Measuring National Output and National Income
7: Unemployment, Inflation, and Long-Run Growth
Introduction: Unemployment, Inflation, and Long-Run Growth
7.1: Unemployment
7.2: Inflation and Deflation
7.3: Long-Run Growth
Summary: Unemployment, Inflation, and Long-Run Growth
Part III: The Core of Macroeconomic Theory
Part III: The Core of Macroeconomic Theory
8: Aggregate Expenditure and Equilibrium Output
Introduction: Aggregate Expenditure and Equilibrium Output
8.1: The Keynesian Theory of Consumption
8.2: Planned Investment (I) versus Actual Investment
8.3: Planned Investment and the Interest Rate (r)
8.4: The Determination of Equilibrium Output (Income)
8.5: The Multiplier
Summary: Aggregate Expenditure and Equilibrium Output
8 Appendix
Introduction: 8 Appendix
9: The Government and Fiscal Policy
Introduction: The Government and Fiscal Policy
9.1: Government in the Economy
9.2: Fiscal Policy at Work: Multiplier Effects
9.3: The Federal Budget
9.4: The Economy‚Äôs Influence on the Government Budget
Summary: The Government and Fiscal Policy
9 Appendix A
Introduction: Appendix A
9 Appendix B
Introduction: Appendix B
Summary: Appendix B
10: Money, the Federal Reserve, and the Interest Rate
Introduction: Money, the Federal Reserve, and the Interest Rate
10.1: An Overview of Money
10.2: How Banks Create Money
10.3: The Federal Reserve System
10.4: The Demand for Money
10.5: Interest Rates and Security Prices
10.6: How the Federal Reserve Controls the Interest Rate
10.7: Expanded Fed Activities Beginning in 2008
10.8: The Federal Reserve Balance Sheet
Summary: Money, the Federal Reserve, and the Interest Rate
10 Appendix
Introduction: 10 Appendix
Summary: 10 Appendix
11: The Determination of Aggregate Output, the Price Level, and the Interest Rate
Introduction: The Determination of Aggregate Output, the Price Level, and the Interest Rate
11.1: The Aggregate Supply (AS) Curve
11.2: The Aggregate Demand (AD) Curve
11.3: The Final Equilibrium
11.4: Other Reasons for a Downward-Sloping AD Curve
11.5: The Long Run AS Curve
Summary: The Determination of Aggregate Output, the Price Level, and the Interest Rate
12: Policy Effects and Cost Shocks in the AS/AD Model
Introduction: Policy Effects and Cost Shocks in the AS/AD Model
12.1: Fiscal Policy Effects
12.2: Monetary Policy Effects
12.3: Shocks to the System
12.4: Monetary Policy since 1970
Summary: Policy Effects and Cost Shocks in the AS/AD Model
13: The Labor Market in the Macroeconomy
Introduction: The Labor Market in the Macroeconomy
13.1: The Labor Market: Basic Concepts
13.2: The Classical View of the Labor Market
13.3: Explaining the Existence of Unemployment
13.4: Explaining the Existence of Cyclical Unemployment
13.5: The Short-Run Relationship Between the Unemployment Rate and Inflation
13.6: The Long-Run Aggregate Supply Curve, Potential Output, and the Natural Rate of Unemployment
Summary: The Labor Market in the Macroeconomy
14: Financial Crises, Stabilization, and Deficits (Part IV: Future Macroeconomics Issues)
Introduction: Financial Crises, Stabilization, and Deficits
14.1: The Stock Market, the Housing Market, and Financial Crises
14.2: Time Lags Regarding Monetary and Fiscal Policy
14.3: Government Deficit Issues
Summary: Financial Crises, Stabilization, and Deficits
15: Household and Firm Behavior in the Macroeconomy: A Further Look
Introduction: Household and Firm Behavior in the Macroeconomy: A Further Look
15.1: Households: Consumption and Labor Supply Decisions
15.2: Firms: Investment and Employment Decisions
15.3: Productivity and the Business Cycle
15.4: The Short-Run Relationship Between Output and Unemployment
15.5: The Size of the Multiplier
Summary: Household and Firm Behavior in the Macroeconomy: A Further Look
16: Long-Run Growth
Introduction: Long-Run Growth
16.1: The Growth Process: From Agriculture to Industry
16.2: Sources of Economic Growth
16.3: Growth and the Environment and Issues of Sustainability
Summary: Long-Run Growth
17: Alternative Views in Macroeconomics
Introduction: Alternative Views in Macroeconomics
17.1: Keynesian Economics
17.2: Monetarism
17.3: Supply-Side Economics
17.4: New Classical Macroeconomics
17.5: Behavioral Macroeconomics
17.6: Testing Alternative Macroeconomic Models
Summary: Alternative Views in Macroeconomics
18: International Trade, Comparative Advantage, and Protectionism (Part V: The World Economy)
Introduction: International Trade, Comparative Advantage, and Protectionism
18.1: Trade Surpluses and Deficits
18.2: The Economic Basis for Trade: Comparative Advantage
18.3: The Sources of Comparative Advantage
18.4: Trade Barriers: Tariffs, Export Subsidies, and Quotas
18.5: Free Trade or Protection?
18.6: An Economic Consensus
Summary: International Trade, Comparative Advantage, and Protectionism
19: Open-Economy Macroeconomics: The Balance of Payments and Exchange Rates
Introduction: Open-Economy Macroeconomics: The Balance of Payments and Exchange Rates
19.1: The Balance of Payments
19.2: Equilibrium Output (Income) in an Open Economy
19.3: The Open Economy with Flexible Exchange Rates
Summary: Open-Economy Macroeconomics: The Balance of Payments and Exchange Rates
19 Appendix
Introduction: 19 Appendix
Summary: 19 Appendix
20: Economic Growth in Developing Economies
Introduction: Economic Growth in Developing Economies
20.1: Life in the Developing Nations: Population and Poverty
20.2: Economic Development: Sources and Strategies
20.3: Development Interventions
Summary: Economic Growth in Developing Economies
21: Critical Thinking about Research (Part VI: Methodology)
Introduction: Critical Thinking about Research
21.1: Selection Bias
21.2: Causality
21.3: Statistical Significance
21.4: Regression Analysis
Summary: Critical Thinking about Research
Credits
Credits
Additional Glossary
Additional Glossary
Glossary