Summary: Created through a ''student-tested, faculty-approved'' review process with numerous students and faculty, ECON: MACRO, 3E is an engaging, accessible solution designed to accommodate the diverse lifestyles of today's learners without sacrificing content. ECON: MACRO, 3E truly leads by example as award-winning teacher and author Will McEachern uses familiar examples and illustrations drawn from actual daily life to vividly demonstrate how readers have been intuitively making economic c
hoices and dealing with economic institutions and events their entire lives. With a user-friendly approach, McEachern connects these life experiences to key macroeconomic concepts and today's latest economic developments and events.
Summary: Created through a ''student-tested, faculty-approved'' review process with numerous students and faculty, ECON: MACRO, 3E is an engaging, accessible solution designed to accommodate the diverse lifestyles of today's learners without sacrificing content. ECON: MACRO, 3E truly leads by example as award-winning teacher and author Will McEachern uses familiar examples and illustrations drawn from actual daily life to vividly demonstrate how readers have been intuitively making economic choices and dealing with economic institutions and events their entire lives. With a user-friendly approach, McEachern connects these life experiences to key macroeconomic concepts and today's latest economic developments and events. ...show less
William A. McEachern began teaching large sections of economic principles when he joined the University of Connecticut in 1973, and in 1980, he started offering teaching workshops around the country. The University of Connecticut Alumni Association conferred on him its Faculty Excellence in Teaching Award in 2000. He earlier won the Association's award for Distinguished Public Service. Professor McEachern has published books and monographs on public finance, public policy, and industrial organization, and his research has appeared in a variety of journals, including ECONOMIC INQUIRY, NATIONAL TAX JOURNAL, QUARTERLY REVIEW OF ECONOMICS AND BUSINESS, JOURNAL OF INDUSTRIAL ECONOMICS, KYKLOS, ECON JOURNAL WATCH, and PUBLIC CHOICE. He is founding editor of THE TEACHING ECONOMIST, a newsletter that focuses on teaching economics at the college level, and of THE CONNECTICUT ECONOMY: A UNIVERSITY OF CONNECTICUT QUARTERLY REVIEW. Professor McEachern has advised federal, state, and local governments on policy matters, and he directed a bipartisan commission examining Connecticut's finances. He has been quoted in media such as the NEW YORK TIMES, TIMES OF LONDON, WALL STREET JOURNAL, CHRISTIAN SCIENCE MONITOR, USA TODAY, and READER'S DIGEST. He was born in Portsmouth, New Hampshire, earned an undergraduate degree with honors from College of the Holy Cross, served three years as an Army officer, and earned an M.A. and Ph.D. from the University of Virginia.
View Table of Contents
Part I: INTRODUCTION TO ECONOMICS. 1. The Art and Science of Economic Analysis. 2. Economic Tools and Economic Systems. 3. Economic Decision Makers. 4. Demand, Supply, and Markets. Part II: FUNDAMENTALS OF MACROECONOMICS. 5. Introduction to Macroeconomics. 6. Tracking the U.S. Economy. 7. Unemployment and Inflation. 8. Productivity and Growth. 9. Aggregate Expenditure. 10. Aggregate Expenditure and Aggregate Demand. 11. Aggregate Supply. Part III: FISCAL AND MONETARY POLICY. 12. Fiscal Policy. 13. Federal Budgets and Public Policy. 14. Money and the Financial System. 15. Banking and the Money Supply. 16. Monetary Theory and Policy. 17. Macro Policy Debate: Active or Passive? Part IV: THE INTERNATIONAL SETTING. 18. International Trade. 19. International Finance. 20. Economic Development.
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