Foundations of Macroeconomics, 9th edition

  • Robin Bade
  • Michael Parkin

Overview

Foundations of Macroeconomics introduces you to economic principles you can use to navigate the financial decisions of your future. Each chapter concentrates on a manageable number of ideas, usually 3 to 4, with each reinforced several times throughout the text. This patient approach helps guide you through unfamiliar terrain and focus you on the most important concepts and key skills — like reading and interpreting graphs.

Table of contents

PART 1: INTRODUCTION
1. Getting Started
2. The US and Global Economies
3. The Economic Problem
4. Demand and Supply

PART 2: MONITORING THE MACROECONOMY
5. GDP: A Measure of Total Production and Income
6. Jobs and Unemployment
7. The CPI and Cost of Living

PART 3: THE REAL ECONOMY
8. Potential GDP and the Natural Unemployment Rate
9. Economic Growth
10. Finance, Saving and Investment

PART 4: THE MONEY ECONOMY
11. The Monetary System
12. Money, Interest and Inflation

PART 5: ECONOMIC FLUCTUATIONS
13. Aggregate Supply and Aggregate Demand
14. Aggregate Expenditure Multiplier
15. The Short-Run Policy Tradeoff

PART 6: MACROECONOMIC POLICY
16. Fiscal Policy
17. Monetary Policy
18. International Trade Policy
19. International Finance

Published by Pearson (June 1st 2020) - Copyright © 2021