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Principles of Macroeconomics

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ISBN-10: 0618101489

ISBN-13: 9780618101481

Edition: 3rd 2001

Authors: Roger Taylor

List price: $91.95
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Book details

List price: $91.95
Edition: 3rd
Copyright year: 2001
Publisher: CENGAGE Learning
Publication date: 12/18/2000
Binding: CD-ROM 
Pages: 448
Size: 8.25" wide x 9.50" long x 0.50" tall
Weight: 2.244
Language: English

Introduction to Economics
The Central Idea Scarcity and Choice for Individuals
Scarcity and Choice for the Economy as a Whole Market
Economics and the Price System
Observing and Explaining the Economy Case Study
What's Happening in the Biggest Industry in America?
Economic Models
The Impact of Economics on Public Policy
The Supply and Demand Model Demand Supply Market Equilibrium
Combining Supply and Demand Case Study
Using the Supply and Demand Model Elasticity of Demand and Supply
Principles of Macroeconomics
Macroeconomics: The Big Picture Real GDP over Time Unemployment, Inflation, and Interest
Rates Macroeconomic Theory and Policy
Measuring the Production, Income, and Spending of Nations
Measuring GDP Net Exports Equals Saving minus
Investment Real GDP and Nominal GDP Shortcomings of the GDP Measure
The Spending Allocation Model
The Spending Shares
The Effect of Interest Rates on Spending Shares
Determining the Equilibrium Interest Rate Case Study: Shifts in Government Purchases and Consumption
The National Saving Rate
Unemployment and Employment
Unemployment and Other Labor Market Indicators
The Nature of Unemployment
Explaining Unemployment and Employment Trends Case Study
Unemployment Among Young People Throughout the World
Productivity and Economic Growth
Labor and Capital Without Technology
Labor and Capital with Technology
The Growth Accounting Formula Case Study: Growth Accounting in Practice Technology Policy
Money and Inflation What Is Money?
The Fed, the Banks, and the Link from Reserves to Deposits How the Fed Controls the Money Supply
Currency plus Deposits Money Growth and Inflation
Economic Fluctuations and Macroeconomic Policy
The Nature and Causes of Economic Fluctuations Changes in Aggregate Demand
First Lead to Changes in Production Forecasting Real GDP
The Response of Consumption to Income
Finding Real GDP When Consumption and Income Move Together Spending Balance and Departures of Real GDP from Potential GDP
The Economic Fluctuations Model
The Aggregate Demand Curve
The Inflation Adjustment Line
Combining the Aggregate Demand Curve and the Inflation Adjustment Line
Using the Economic Fluctuations Model Changes in Government Purchases Changes in Monetary Policy Price Shocks Case Study: The 1990–1991 Recession
Fiscal Policy
The Government Budget Countercyclical Fiscal Policy
The Structural versus the Cyclical Surplus
Monetary Policy Why Are Central Banks Independent? Case Study: Trying to Bring the Aggregate Demand Curve into Line in 2000 Money and Other Instruments of Monetary Policy
The Exchange Rate and Monetary Policy
Financial Markets Stocks and Bonds Risk versus Return
The Foreign Exchange Market
Trade and Global Markets
Economic Growth Around the World Catching Up or Not?
Economic Development Spreading and Using Technology Increasing Capital per Worker
The Gains from International Trade
Recent Trends in International Trade
Reasons for Comparative Advantage Gains from Expanded Markets
International Trade Policy Tariffs, Quotas, and VRAs
The History of Trade Restrictions Arguments for Trade Barriers How to Reduce Trade Barriers
Emerging Market Economies
What Were Centrally Planned Economies Like?
Economic Transition Theory Economic Transition in Practice Advanced Topics
Reading, Understanding, and Creating Graphs Visualizing Observations with Graphs Visualizing Models with Graphs
Present Discounted Value Discounting the Future Finding the Present Discounted Value
The Miracle of Compound Growth How Compound Growth Works Plotting Growing Variables
Deriving the Growth Accounting Formula
Deriving the Formula for the Keynsian Multiplier A Graphical Review The Algebraic Derivation
The Forward-Looking Consumption Model Forward-Looking People Tests and Applications of the Forward-Looking Model
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