Authors: Campbell R. McConnell
ISBN-13: 9780073365947, ISBN-10: 0073365947
Format: Paperback
Publisher: McGraw-Hill Companies, The
Date Published: November 2008
Edition: 18th Edition
Macroeconomics is an integrated knowledge-building tool that is both concise and comprehensive. A 240-minute DVD explains macroeconomics in entertaining, easy-to-follow fashion, while well-designed Web interfaces help you to place the material into the real world. Professionals looking to learn more are shown both sides of each argument, then given the information they need to make informed choices on how macroeconomic factors impact society.
Preface | ||
Contributors | ||
To the Student | ||
1 | The Nature and Method of Economics | 1 |
2 | The Economizing Problem | 21 |
3 | Understanding Individual Markets: Demand and Supply | 39 |
4 | Pure Capitalism and the Market System | 58 |
5 | The Mixed Economy: Private and Public Sectors | 74 |
6 | The United States in the Global Economy | 96 |
7 | Measuring Domestic Output, National Income, and the Price Level | 119 |
8 | Macroeconomic Instability: Unemployment and Inflation | 143 |
9 | Building the Aggregate Expenditures Model | 166 |
10 | Aggregate Expenditures: The Multiplier, Net Exports, and Government | 191 |
11 | Aggregate Demand and Aggregate Supply | 213 |
12 | Fiscal Policy | 234 |
13 | Money and Banking | 253 |
14 | How Banks Create Money | 276 |
15 | The Federal Reserve Banks and Monetary Policy | 293 |
16 | Alternative Views on Macro Theory and Policy | 317 |
17 | The Inflation-Unemployment Relationship | 338 |
18 | Budget Deficits and the Public Debt | 362 |
19 | Economic Growth | 379 |
20 | International Trade | 399 |
21 | Exchange Rates, the Balance of Payments, and Trade Deficits | 423 |
22 | Growth and the Less Developed Countries | 450 |
23 | Russia: An Economy in Transition | 473 |
Answers to Key Questions | A-1 | |
Glossary | G-1 | |
Index | I-1 |