Principles of Macroeconomics
Principles of Macroeconomics provides a deeper understanding of economics by eliminating overwhelming detail and focusing on core principles that are reinforced. Renowned authors Frank, Bernanke, and Antonovics provides a rigorous and theoretical treatment of concepts in an easy-to-follow and logical format. With engaging questions, explanations and exercises, the authors help students relate economic principles to a host of everyday experiences. Throughout the process, the authors encourage students to become "Economic Naturalists" — people who employ basic economic principles to understand and explain what they observe in the world around them.
Table of Contents
Part 1: Introduction
Part 2: Macroeconomics: Data and Issues
Chapter 4: Macroeconomics: The Bird's-Eye View of the Economy
Chapter 5: Measuring Economic Activity: GDP and Unemployment
Part 3: The Economy in the Long Run
Chapter 7: Economic Growth, Productivity, and Living Standards
Chapter 8: Workers, Wages, and Unemployment
Chapter 9: Saving and Capital Formation
Chapter 11: Financial Markets and International Capital Flows
Part 4: The Economy in the Short Run
Chapter 12: Short-Term Economics Fluctuations: An Introduction
Chapter 13: Spending and Output in the Short Run
Chapter 14: Stabilizing the Economy: The Role of the Fed
Chapter 15: Aggregate Demand, Aggregate Supply, and Inflation
Part 5: The International Economy
Chapter 17: Exchange Rates and the Open Economy