Macroeconomics: Principles, Applications, And Tools

Paperback | January 6, 2016

byArthur O'sullivan, Steven Sheffrin, Stephen Perez

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For courses in the Principles of Economics.

 

Introduces Readers to the Basic Concepts of Economics with Timely, Engaging Stories and Applications

Readers hoping to gain a better understanding of economics and the world around them often leave with their questions unanswered. Macroconomics: Principles, Applications, and Tools is built upon the author’s philosophy of using the basic concepts of economics to explain a wide variety of timely, engaging, real-world economic applications.

 

The Ninth Edition incorporates updated figures and data, while also emphasizing current topics of interest—including the severe economic downturn of recent years and the latest developments in economic thinking. It also includes newly refined Learning Objectives that introduce the concepts explored in each chapter, along with new applications and chapter-opening stories related to the most up-to-date developments in macroeconomics.

 

Also Available with MyEconLab®

This title is available with MyEconLab–an online homework, tutorial, and assessment program designed to work with this text to engage students and improve results. Within its structured environment, students practice what they learn, test their understanding, and pursue a personalized study plan that helps them better absorb course material and understand difficult concepts.  


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From the Publisher

For courses in the Principles of Economics.   Introduces Readers to the Basic Concepts of Economics with Timely, Engaging Stories and Applications Readers hoping to gain a better understanding of economics and the world around them often leave with their questions unanswered. Macroconomics: Principles, Applications, and Tools is b...

Arthur O’Sullivan is a professor of economics at Lewis and Clark College in Portland, Oregon. After receiving his B.S. in economics at the University of Oregon, he spent two years in the Peace Corps, working with city planners in the Philippines. He received his Ph.D. in economics from Princeton University in 1981 and has taught at t...

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Format:PaperbackDimensions:456 pages, 10.7 × 8.4 × 0.8 inPublished:January 6, 2016Publisher:Pearson EducationLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0134089022

ISBN - 13:9780134089027

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Table of Contents

Part 1: Introduction and Key Principles

1. Introduction: What Is Economics?

2. The Key Principles of Economics

3. Exchange and Markets

4. Demand, Supply, and Market Equilibrium

 

Part 2: The Basic Concepts in Macroeconomics

5. Measuring a Nation’s Production and Income

6. Unemployment and Inflation

 

Part 3: The Economy in the Long Run

7. The Economy at Full Employment

8. Why Do Economies Grow?

 

Part 4: Economic Fluctuations and Fiscal Policy

9. Aggregate Demand and Aggregate Supply

10. Fiscal Policy

11. The Income-Expenditure Model

12. Investment and Financial Markets

 

Part 5: Money, Banking, and Monetary Policy

13. Money and the Banking System

14. The Federal Reserve and Monetary Policy

 

Part 6: Inflation, Unemployment, and Economic Policy

15. Modern Macroeconomics: From the Short Run to the Long Run

 

16. The Dynamics of Inflation and Unemployment

17. Macroeconomic Policy Debates

 

Part 7: The International Economy

18. International Trade and Public Policy

19. The World of International Finance