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Full Description
Authors Bob Frank, Ben Bernanke, and introducing Kate Antonovics from the University of California San Diego and Ori Heffetz from Cornell University, present a coherent short list of core principles in introductory economics and reinforce them by illustrating and applying each in numerous contexts. With engaging questions, explanations and exercises, the authors help students relate economic principles to a host of everyday experiences such as going to the ATM or purchasing airline tickets. Throughout this process, the authors encourage students to become "economic naturalists:" people who employ basic economic principles to understand and explain what they observe in the world around them.Principles of Macroeconomics, sixth 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.
Contents
Part 1 Introduction 1.Thinking Like an Economist2.Comparative Advantage3.Supply and DemandPart 2 Macroeconomics: Data and Issues4.Spending, Income, and GDP5.Inflation and the Price Level6.Wages and UnemploymentPart 3 The Economy in the Long Run7.Economic Growth8.Saving, Capital Formation, and Financial Markets9.Money, Prices, and the Financial SystemPart 4 The Economy in the Short Run10.Short-Term Economic Fluctuations11.Spending, Output, and Fiscal Policy12.Monetary Policy and the Federal Reserve13.Aggregate Demand, Aggregate Supply, and Business Cycles14.Macroeconomic PolicyPart 5 The International Economy15.Exchange Rates, International Trade, and Capital FlowsNER(01): WOW
