Economics Today: A Canadian Perspective Macroeconomics, 2nd edition

Published by Pearson Canada (15 February 2025) © 2026

  • Roger LeRoy Miller Institute for University Studies, Arlington Texas
  • James Higginson Northern Alberta Institute of Technology
  • Mustaq Ahmad Northern Alberta Institute of Technology
  • Igor Siljanoski St. Clair College
  • Rajni Dogra

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Title overview

Students learn best when they see concepts applied to examples from their everyday lives, so Economics Today addresses real, cutting-edge issues while facilitating student learning. The text shows students how economics is front and center in their daily routines, while providing them with many ways to evaluate their understanding of key concepts covered in each chapter. Economics Today includes emphasis on behavioral economics, along with all-new problems, vignettes, and features that engage students and help them focus on the central ideas in economics today. With a brand new video program students can also visualize and understand key economics principles in a modern and engaging way.

Table of contents

  1. The Nature of Economics
  2. Scarcity and the World of Trade-Offs
  3. Demand and Supply
  4. Extensions of Demand and Supply Analysis
  5. Market Failures and the Public Sector
  6. The Macroeconomy: GDP, Unemployment, and Inflation
  7. Measuring the Economy's Performance
  8. Global Economic Growth and Development
  9. Real GDP and the Price Level in the Long Run
  10. Classical and Keynesian Macro Analyses
  11. Consumption, Real GDP, and the Multiplier
  12. Fiscal Policy
  13. Deficit Spending and the Public Debt
  14. Money, Banking, and Money Creation
  15. Bank of Canada and Monetary Policy
  16. Stabilization in an Integrated World Economy
  17. Policies and Prospects for Global Economic Growth
  18. Comparative Advantage and the Open Economy
  19. Balance of Payments and Exchange Rates

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