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Gain a better understanding of today's global financial crisis, its possible causes and potential consequences with the thoroughly revised PRINCIPLES OF MACROECONOMICS, 6E: GLOBAL FINANCIAL CRISIS EDITION by accomplished economic expert John B. Taylor and co-author Akila Weerapana. Completely updated chapters focus on the latest information regarding monetary policy (Ch. 15), economic fluctuations, money and inflation, and capital and financial markets. As former Undersecretary of the Treasury for International Affairs and one of the most respected voices in economics, author John Taylor provide usnique insights into today's issues. Updated graphs, figures, and popular learning features present the latest issues, including coverage of the Obama Administration. This clearly written text continues to offer concise yet thorough coverage of current economic theories with refreshing examples, engaging applications, and Aplia, the leading homework solution. Ensure your understanding of economic developments as they happen with PRINCIPLES OF MACROECONOMICS, 6E: GLOBAL FINANCIAL CRISIS EDITION.
Table of Contents
Introduction to Economics
The Central Idea
Observing and Explaining the Economy. 2A
Appendix to Chapter 2: Reading, Understanding, and Creating Graphs
The Supply and Demand Model
Subtleties of the Supply and Demand Model: Price Floors, Price Ceilings, and Elasticity
Principles of Macroeconomics
Macroeconomics: The Big Picture. 5A Appendix to Chapter 5: The Miracle of Compound Growth
Measuring the Production, Income, and Spending of Nations
The Spending Allocation Model
Unemployment and Employment
Productivity and Economic Growth. 9A
Appendix to Chapter 9: Deriving the Growth Accounting Formula
Money and Inflation
Economic Fluctuations and Macroeconomic Policy
The Nature and Causes of Economic Fluctuations. 11A
Appendix to Chapter 11: Deriving the Formula for the Keynesian Multiplier and the Forward-Looking Consumption Model
The Economic Fluctuations Model
Using the Economic Fluctuations Model
Monetary Policy and the Financial Crisis
Capital and Financial Markets. 16A
Appendix to Chapter 16: Present Discounted Value
Trade and Global Markets
Economic Growth and Globalization
The Gains from International Trade
International Trade Policy
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