Macroeconomics for today's world /

Tucker, Irvin B.

Macroeconomics for today's world / Irvin B. Tucker. - 6th - Australia : South-Western CENGAGE Learning, 2010. - xxxii, 576 p.: col. ill. 26 cm.

Includes index

Part I: INTRODUCTION TO ECONOMICS. 1. Introducing the Economic Way of Thinking. Appendix: Applying Graphs to Economics. 2. Production Possibilities, Opportunity Cost, and Economic Growth. Part II: MICROECONOMIC FUNDAMENTALS. 3. Market Supply and Demand. Appendix: Consumer Surplus, Producer Surplus, and Market Efficiency. 4. Markets in Action. Appendix: Applying Supply and Demand Analysis to Health Care. 5. Gross Domestic Product. Appendix: A Four-Sector Circular Flow Model. 6. Business Cycles and Unemployment. 7. Inflation. Part III: MACROECONOMIC THEORY AND POLICY. 8. The Keynesian Model. 9 The Keynesian Model in Action. 10Aggregate Demand and Supply. Appendix: The Self-Correcting Aggregate Demand and Supply Model. 11. Fiscal Policy. 12. The Public Sector. 13. Federal Deficits, Surpluses, and the National Debt. Part IV: MONEY, BANKING, AND MONETARY POLICY. 14. Money and the Federal Reserve System. 15. Money Creation. 16. Monetary Policy. Appendix: Policy Disputes Using the Self-Correcting Aggregate Demand and Supply Model. 17. The Phillips Curve and Expectations Theory. Part V: THE INTERNATIONAL ECONOMY. 18. International Trade and Finance. 19. Economies in Transition. 20. Growth and the Less-Developed Countries. Appendix A: Answers to Odd-Numbered Study Questions and Problems. Appendix B: Answers to Practice Quizzes. Glossary. Index.

Suitable for students of varying levels of skills and preparation, this student-friendly text presents learners with the basics of economic principles and the context to apply them to their everyday lives.


English

978-0-324-78236-3


United States--Economic history; Macroeconomics; Macroeconomics--Study and teaching--UNITED STATES

338.5 T79m