Macroeconomics

Paperback | January 15, 2016

byR. Glenn Hubbard, Anthony P. O'brien

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For one-semester courses in Principles of Macroeconomics.

 

The Relevance of Economics Through Real-world Business Examples

Macroeconomics with MyEconLab makes economics relevant by demonstrating how real businesses use economics to make decisions every day. And with an ever changing U.S. and world economy, the Sixth Edition has been updated with the latest developments using new real-world business and policy examples. Regardless of their future career path—opening an art studio, trading on Wall Street, or bartending at the local pub—readers will benefit from understanding the economic forces behind their work.

 

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For one-semester courses in Principles of Macroeconomics.   The Relevance of Economics Through Real-world Business Examples Macroeconomics with MyEconLab makes economics relevant by demonstrating how real businesses use economics to make decisions every day. And with an ever changing U.S. and world economy, the Sixth Edition has b...

Glenn Hubbard, policymaker, professor, and researcher. R. Glenn Hubbard is the dean and Russell L. Carson Professor of Finance and Economics in the Graduate School of Business at Columbia University and professor of economics in Columbia’s Faculty of Arts and Sciences. He is also a research associate of the National Bureau of Economi...

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Format:PaperbackDimensions:768 pages, 10.7 × 8.4 × 1.2 inPublished:January 15, 2016Publisher:Pearson EducationLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0134106229

ISBN - 13:9780134106229

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Table of Contents

Part 1: Introduction

1. Economics: Foundations and Models

Appendix: Using Graphs and Formulas

2. Trade-offs, Comparative Advantage, and the Market System

3. Where Prices Come From: The Interaction of Demand and Supply

4. Economic Efficiency, Government Price Setting, and Taxes

Appendix: Quantitative Demand and Supply Analysis

5. The Economics of Health Care

 

Part 2: Firms in the Domestic and International Economies

6. Firms, the Stock Market, and Corporate Governance

Appendix: Tools to Analyze Firms’ Financial Information

7. Comparative Advantage and the Gains from International Trade

 

Part 3: Macroeconomic Foundations and Long-Run Growth

8. GDP: Measuring Total Production and Income

9. Unemployment and Inflation

10. Economic Growth, the Financial System, and Business Cycles

11. Long-run Economic Growth: Sources and Policies

 

Part 4: Short-Run Fluctuations

12. Aggregate Expenditure and Output in the Short Run

Appendix: The Algebra of Macroeconomic Equilibrium

13. Aggregate Demand and Aggregate Supply Analysis

Appendix: Macroeconomic Schools of Thought

 

Part 5: Monetary and Fiscal Policy

14. Money, Banks, and the Federal Reserve System

15. Monetary Policy

16. Fiscal Policy

Appendix: A Closer Look at the Multiplier

17. Inflation, Unemployment, and Federal Reserve Policy

 

Part 6: The International Economy

18. Macroeconomics in an Open Economy

19. The International Financial System

Appendix: The Gold Standard and the Bretton Woods System