Summary: Economics is a subject youlearn by doing.Foundations of Macroeconomicsbreaks the mold of a traditional text and becomes a practice-oriented learning system. Each chapter uses a Checklist to focus readers' attention on the most important key concepts. A discrete section introduces each of these core concepts and is immediately followed by a Checkpoint, a full page of practice that applies the concept. The result is a patient, confidence-building approach that prepares readers touseeco ...show morenomics in their lives, regardless of what their future career will be. Introduction:Getting Started; The U.S. and Global Economies; The Economic Problem; Demand and Supply.Monitoring the Macroeconomy:GDP and the Standard of Living; The CPI and the Cost of Living; Jobs and Unemployment.The Real Economy:Potential GDP and the Natural Unemployment Rate; Economic Growth; Investment, Saving, and the Real Interest Rate.The Money Economy:The Monetary System; Money, Interest, and Inflation.Economic Fluctuations:AS-ADand the Business Cycle; Aggregate Expenditure; The Short-Run Policy Tradeoff.Macroeconomic Policy:Fiscal Policy; Monetary Policy.The Global Economy: International Finance; Global Markets in Action. For all readers interested in macroeconomics. ...show lessEdition/Copyright: 4TH 09
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