9780134478760

For courses in Macroeconomics.

Economics brought to life through real-world application

Readers learn best when they see concepts applied to examples from their everyday lives, so Economics Today: The Macro View addresses real, cutting-¿edge issues while facilitating individual learning. The text shows readers how economics is front and center in their daily routines, while providing them with many ways to evaluate their understanding of key concepts covered in each chapter. The 19th Edition also includes a new emphasis on behavioral economics, along with all-new problems, vignettes, and features that engage readers and help them focus on the central ideas in economics today.

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PART 1: Introduction

1. The Nature of Economics

2. Scarcity and the World of Trade-Offs

3. Demand and Supply

4. Extensions of Demand and Supply Analysis

5. Public Spending and Public Choice

6. Funding the Public Sector

PART 2: Introduction to Macroeconomics and Economic Growth

7. The Macroeconomy: Unemployment, Inflation, and Deflation

8. Measuring the Economy’s Performance

9. Global Economic Growth and Development

PART 3: Real GDP Determination and Fiscal Policy

10. Real GDP and the Price Level in the Long Run

11. Classical and Keynesian Macro Analyses

12. Consumption, Real GDP, and the Multiplier

13. Fiscal Policy

14. Deficit Spending and the Public Debt

PART 4: Money, Stabilization, and Growth

15. Money, Banking, and Central Banking

16. Domestic and International Dimensions of Monetary Policy

17. Stabilization in an Integrated World Economy

18. Policies and Prospects for Global Economic Growth

PART 8: Global Economics

32. Comparative Advantage and the Open Economy

33. Exchange Rates and the Balance of Payments

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Economics Today The Macro View

Economics Today The Macro View

0134478762

Summary

Table of Contents

Supplemental Materials