Principles of Macroeconomics

Irene Foster, John Swinton, PJ Glandon, Stephen Buckles

How do we measure the size of an economy? Why do some economies grow while others stagnate? Why is deflation bad? What is the role of a central bank? Principles of Macroeconomics harnesses the power of active learning by offering a wide range of scenarios and questions that encourage students to think analytically (like economists!) through core macroeconomic topics. Interactive tools and assessments based on real-world examples showcase the challenges economists face in enacting policy based on data collected and analyzed at the national and international level. Principles of Macroeconomics will leave students with a deep understanding of how the macroeconomy works and how to apply what they have learned to their personal and professional lives.

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Table of Contents for Principles of Macroeconomics

Introduction
Chapter 1: An Introduction to Economic Analysis
Chapter 2: An Economic Model
Chapter 3: Demand, Supply, and Markets
Chapter 4: Why International Trade?
Chapter 5: Gross Domestic Product, Inflation, and Unemployment
Chapter 6: Economic Growth
Chapter 7: Aggregate Expenditure
Chapter 8: Aggregate Demand, Aggregate Supply, and Short-Run Macroeconomic Equilibrium
Chapter 9: Full Employment and Long-Run Macroeconomic Equilibrium
Chapter 10: Money and the Banking System
Chapter 11: Monetary Policy
Chapter 12: Fiscal Policy
Chapter 13: Trade Deficits and the Balance of Payments