Macroeconomics
Authors McConnell, Brue, and Flynn have continued to provide trusted and reliable principles of economic resources, with new discussions on strategic behavior, game theory, unconventional monetary policy, and interest rate normalization. Known for versatility, comprehensiveness, and persistent innovation, Macroeconomics features new tools such as interactive graphs and videos, combined with Smartbook's adaptive reading experience and even more algorithmic and graphing assessment content in Connect to help students succeed in the course. It contains a robust set of content designed to facilitate classroom engagement through peer instruction, and unparalleled resources in the introductory market.
Table of Contents
Part One: Introduction to Economics and the Economy
Chapter 1 Limits, Alternatives, and Choices
Chapter 2 The Market System and the Circular Flow
Part Two: Price, Quantity, and Efficiency
Chapter 3 Demand, Supply, and Market Equilibrium
Chapter 4 Market Failures: Public Goods and Externalities
Chapter 5 Government’s Role and Government Failure
Part Seven: GDP, Growth, and Instability
Chapter 6 An Introduction to Macroeconomics
Chapter 7 Measuring Domestic Output and National Income
Chapter 8 Economic Growth
Chapter 9 Business Cycles, Unemployment, and Inflation
Part Eight: Macroeconomic Models and Fiscal Policy
Chapter 10 Basic Macroeconomic Relationships
Chapter 11 The Aggregate Expenditures Model
Chapter 12 Aggregate Demand and Aggregate Supply
Chapter 13 Fiscal Policy, Deficits, and Debt
Part Nine: Money, Banking, and Monetary Policy
Chapter 14 Money, Banking, and Financial Institutions
Chapter 15 Money Creation
Chapter 16 Interest Rates and Monetary Policy
Chapter 17 Financial Economics
Part Ten: Extensions and Issues
Chapter 18 Extending the Analysis of Aggregate Supply
Chapter 19 Current Issues in Macro Theory and Policy
Part Eleven: International Economics
Chapter 20 International Trade
Chapter 21 The Balance of Payments, Exchange Rates, and Trade Deficits
Chapter 22 The Economics of Developing Countries