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Foundations of Macroeconomics

Foundations of Macroeconomics - 3rd edition

Foundations of Macroeconomics - 3rd edition

ISBN13: 9780321412720

ISBN10: 0321412729

Foundations of Macroeconomics by Robin Bade and Michael Parkin - ISBN 9780321412720
Edition: 3RD 07
Copyright: 2007
Publisher: Addison-Wesley Longman, Inc.
Published: 2007
International: No
Foundations of Macroeconomics by Robin Bade and Michael Parkin - ISBN 9780321412720

ISBN13: 9780321412720

ISBN10: 0321412729

Edition: 3RD 07

Summary

This text comes packaged with an access kit for the new easy-to-use format of MyEconLab, which requires no set-up by the professor. With this, students can access practice problems for each chapter in the book, graphing questions, learning resources, and live tutoring. Professors who plan to use advanced course management online should order the book with MyEconLab in CourseCompass. View 'Alternate Versions' of this book on the web catalog page, or contact your local representative for details.

Research shows the best way to learn is to put concepts to work with repeated practice. For this reason, frequent, quality practice is the cornerstone of the tightly-knit Foundations of Macroeconomics learning system, building student success in economics by doing economics.

First, student attention is focused on what to study through a Checklist of clearly defined core concepts in each chapter. Section by section, Checkpoints demonstrate how to study by stepping through a Practice Problem and then engaging students with a parallel Exercise. In addition, the Third Edition addresses why we study economics through a new feature, Reality Check. With Foundations of Macroeconomics, students are taught to view economics as a skill to be honed rather than a collection of topics to be memorized.

Table of Contents

Table of Contents

INTRODUCTION.

1. Getting Started.
2. The U.S. and Global Economies
3. The Economic Problem.
4. Demand and Supply.

II. MONITORING THE MACROECONOMY.

5. GDP and the Standard of Living.
6. Jobs and Unemployment.
7. The CPI and the Cost of Living.

III. THE REAL ECONOMY.

8. Potential GDP and the Natural Unemployment Rate.
9. Investment and Saving.
10. Economic Growth.

IV. THE MONEY ECONOMY.

11. Money and the Monetary System.
12. Money Creation and Control.
13. Money, Interest, and Inflation.

V. ECONOMIC FLUCTUATIONS.

14. AS-AD and the Business Cycle.
15. Aggregate Expenditure.
16. Fiscal and Monetary Policy Effects.
17. The Short-Run Policy Tradeoff.
18. Fiscal and Monetary Policy Debates.

VI. THE GLOBAL ECONOMY.

19. International Trade.
20. International Finance.

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