Macroeconomics, Global Edition, 14th edition

Published by Pearson (2 August 2024) © 2024

  • Michael Parkin Emeritus of University of Western Ontario
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Title overview

For 1-semester principles of macroeconomics courses

An intuitive and grounded approach to economics. Macroeconomics gets students to think like economists by incorporating the latest policy, data and discussions on important global issues.

The 14th Edition emphasises real-world applications, the development of critical-thinking skills, diagrams renowned for their pedagogy and clarity, and path-breaking technology. Chapter openings and endings encourage students to think critically about a news article relating to the issue, demonstrating how thinking like an economist can bring a clearer perspective to, and deeper understanding of, today's events.

Samples

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Table of contents

  • PART 1: INTRODUCTION
  • 1. What is Economics?
  • 2. The Economic Problem
  • 3. Demand and Supply
  • PART 2: MONITORING MACROECONOMIC PERFORMANCE
  • 4. Monitoring the Value of Production: GDP
  • 5. Monitoring Jobs and Inflation
  • PART 3: MACROECONOMIC TRENDS
  • 6. Economic Growth
  • 7. Finance, Saving, and Investment
  • 8. Money, the Price Level, and Inflation
  • 9. The Exchange Rate and the Balance of Payments
  • PART 4: MACROECONOMIC FLUCTUATIONS
  • 10. Aggregate Supply and Aggregate Demand
  • 11. Expenditure Multipliers
  • 12. The Business Cycle, Inflation, and Deflation
  • PART 5: MACROECONOMIC POLICY
  • 13. Fiscal Policy
  • 14. Monetary Policy
  • 15. International Trade Policy

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