Principles of Macroeconomics, Brief Edition

Paperback | October 25, 2010

byRobert Frank, Ben Bernanke

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In recent years, innovative texts in mathematics, science, foreign languages, and other fields have achieved dramatic pedagogical gains by abandoning the traditional encyclopedic approach in favor of teaching a shorter list of core principles in depth. Two well-respected writers and researchers, Bob Frank and Ben Bernanke, have shown that the less-is-more approach affords similar gains in introductory economics. The authors introduce a coherent short list of core principles and reinforce them by illustrating and applying each in numerous contexts. Students are periodically asked to apply these principles and to answer related questions and exercises. The BRIEF editions were developed for instructors who appreciate core principles approach, and desire a more manageable amount of content and slightly less rigor. In the brief editions, the authors made careful choices of material to eliminate and condense, in order to produce of more concise coverage.

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In recent years, innovative texts in mathematics, science, foreign languages, and other fields have achieved dramatic pedagogical gains by abandoning the traditional encyclopedic approach in favor of teaching a shorter list of core principles in depth. Two well-respected writers and researchers, Bob Frank and Ben Bernanke, have shown t...

Ben Shalom. Bernanke was born on December 13, 1953 in Augusta, Georgia and was raised in Dillon, South Carolina. He has a Bachelor of Arts degree and a Masters in Economics from Harvard University and a Ph.d in in Economics from Massachusetts Institute of Technology. Bernanke taught at Stanford Graduate School of Business and New York ...

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Format:PaperbackDimensions:544 pages, 10.8 × 8.4 × 0.7 inPublished:October 25, 2010Publisher:McGraw-Hill EducationLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0077316762

ISBN - 13:9780077316761

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Table of Contents

Part I Introduction

Chapter 1Thinking Like an Economist

Chapter 2Comparative Advantage

Chapter 3Supply and Demand

Part II Macroeconomics: Data and Issues

Chapter 4Spending, Income and GDP

Chapter 5Inflation and the Price Level

Chapter 6Wages and Unemployment

Part III The Economy in the Long Run

Chapter 7Economic Growth

Chapter 8Saving, Capital Formation, and Financial Markets

Chapter 9Money, Prices, and the Financial System

Part IV The Economy in the Short Run

Chapter 10Short-Term Economic Fluctuations

Chapter 11Spending, Output, and Fiscal Policy

Chapter 12Monetary Policy and The Federal Reserve

Chapter 13Aggregate Demand, Aggregate Supply, and Stabilization Policy

Part V The International Economy

Chapter 14Exchange Rates, International Trade, and Capital Flows