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Brad Schiller's text, The Macro Economy Today, 11e, is noted for three great strengths: readability, policy orientation, and pedagogy. His accessible writing style engages students and brings some of the excitement of domestic and global economic news into the classroom. Schiller emphasizes how policymakers must choose between government intervention and market reliance to resolve the core issues of what, how, and for whom to produce. This strategic choice is highlighted throughout the full range of micro, macro, and international issues. Every chapter ends with a policy issue that emphasizes the markets vs. government dilemma. And Schiller packs his chapters with the facts of economic life-real stories and applications. This is a book that teaches economics in a relevant context with careful pedagogy. It is also the only principles text that presents all macro theory in the single consistent context of the AS/AD framework.Schiller, 11e is for students motivated by real-world policy issues who want to become economically literate. This is a book students actually READ. Schiller is also known for its cutting-edge and current coverage of today's issues.
Table of Contents
The Macro Economy Today, 11/e Contents in Brief
The Economic Challenge
Economics: The Core Issues
Appendix using Graphs
The U.S. Economy: A Global View
Supply and Demand
The Public Sector
Measuring Macro Outcomes
The Business Cycle
Appendix: The Keynesian Cross
Self-Adjustment or Instability?
Fiscal Policy Levers
Deficits, Surpluses, and Debt
Monetary Policy Options
Money and Banks
The Federal Reserve System
Supply-Side Policy: Short-run Options
Growth and Productivity: Long-run Possibilities
Theory versus Reality
Table of Contents provided by Publisher. All Rights Reserved.