Macroeconomics: Principles & Policy

Paperback | December 11, 2008

byWilliam Baumol, Alan Blinder, Marc Lavoie

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The purpose of Baumol and Blinder is not to overwhelm students with a series of techniques, formulas, and diagrams; rather they seek to have a conversation with their readers, encouraging them to think for themselves and to enjoy all the facets of economic reasoning. Both William Baumol and Alan Blinder have been highly involved with policy making and economic counselling. Their textbook reflects this, constantly dealing with policy-oriented questions and issues, and should thus appeal to a vast majority of students interested in socially relevant questions about the real world. We have done our best to maintain and even strengthen this strong policy approach in the Canadian version.

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The purpose of Baumol and Blinder is not to overwhelm students with a series of techniques, formulas, and diagrams; rather they seek to have a conversation with their readers, encouraging them to think for themselves and to enjoy all the facets of economic reasoning. Both William Baumol and Alan Blinder have been highly involved with p...

Format:PaperbackDimensions:496 pages, 10.8 × 8.5 × 0.75 inPublished:December 11, 2008Publisher:Nelson College IndigenousLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:017625255X

ISBN - 13:9780176252557

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Table of Contents

Part 1: Getting Acquainted with EconomicsChapter 1: What is Economics?Chapter 2: The Economy: Myth and RealityChapter 3: A Fundamental Economic Problem: Scarcity and ChoiceChapter 4: Supply and Demand: An Initial LookPart 2: The Macroeconomy: Aggregate Supply and DemandChapter 5: An Introduction to MacroeconomicsChapter 6: The Goals of Macroeconomic PolicyChapter 7: Economic Growth: Theory and PolicyChapter 8: The Circular Flow of Spending and the Powerful ConsumerChapter 9: Demand-Side Equilibrium: the Income MultiplierChapter 10: The Supply Side Interacting with Demand: Unemployment and InflationPart 3: Fiscal and Monetary PolicyChapter 11: Managing Aggregate Demand: Fiscal PolicyChapter 12: Money and the Banking SystemChapter 13: Managing Aggregate Demand: Monetary PolicyChapter 14: The Debate Over Monetary and Fiscal PolicyChapter 15: Budget Deficits in the Short and Long RunChapter 16: The Trade-Off Between Inflation and UnemploymentPart 4: Canada in the World EconomyChapter 17: International Trade and Comparative AdvantageChapter 18: The International Monetary System: Order or Disorder?Chapter 19: Exchange Rates and the Macroeconomy