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ISBN10: 1266394974 | ISBN13: 9781266394973
ISBN10: 1266394974
ISBN13: 9781266394973
* The estimated amount of time this product will be on the market is based on a number of factors, including faculty input to instructional design and the prior revision cycle and updates to academic research-which typically results in a revision cycle ranging from every two to four years for this product. Pricing subject to change at any time.
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Macroeconomics is specifically designed to help today’s students succeed in the principles of economics course and grasp economics concepts they can apply in their daily lives.
David Colander’s trademark colloquial approach focuses on modern economics, institutions, history, and modeling. He presents and applies economic models, but also encourages students to think about model nuances, building their critical thinking skills and applying models to the real world.
Content in this text is organized around learning objectives to make it easier for students to understand the material and for instructors to build assignments within Connect. Through Connect and SmartBook, students will find engaging activities, helpful tutorial videos, and learning resources at that moment of need.
PART I: INTRODUCTION: THINKING LIKE AN ECONOMIST
1. Economics and Economic Reasoning
2. The Production Possibility Model, Trade, and Globalization
Appendix: Graphish: The Language of Graphs
3. Economic Institutions Appendix: The History of Economic Systems
4. Supply and Demand
5. Using Supply and Demand
Appendix: Algebraic Representation of Supply, Demand, and Equilibrium
PART II: MACROECONOMICS
MACROECONOMIC BASICS
6. Economic Growth, Business Cycles, and Unemployment
7. Measuring and Describing the Aggregate Economy
POLICY MODELS
8. The Keynesian Short-Run Policy Model: Demand-Side Policies
8W. The Multiplier Model
9. The Classical Long-Run Policy Model: Growth and Supply-Side Policies
FINANCE, MONEY, AND THE ECONOMY
10. The Financial Sector and the Economy
Appendix: A Closer Look at Financial Assets and Liabilities
11. Conventional Monetary Policy
12. Financial Crises, Regulation, and the Crypto Challenge
TAXES, BUDGETS, AND FISCAL POLICY
13. Deficits and Debt: The Austerity Debate
14. The Fiscal Policy Dilemma
MACROECONOMIC PROBLEMS
15. Jobs and Unemployment
16. Inflation, Deflation, and Macro Policy
INTERNATIONAL ECONOMIC POLICY ISSUES
17. Comparative Advantage, Exchange Rates, and Globalization
18. International Trade Policy
INTERNATIONAL MACROECONOMIC POLICY ISSUES
19. International Financial Policy
Appendix: History of Exchange Rate Systems
20. Macro Policy in a Global Setting
21. Structural Stagnation, Globalization and the Post-COVID Blues
22. Macro Policy in Developing Countries
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