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Macroeconomics, 2nd edition

Published by Pearson (July 11, 2017) © 2018

  • Daron Acemoglu Massachusetts Institute of Technology
  • David Laibson Harvard University
  • John List University of Chicago
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Macroeconomics presents real economic questions and data to help you learn about the world around you. The text uses themes of optimization, equilibrium, and empiricism to not only illustrate the power of simple economic ideas, but also to explain and predict what's happening in today's society.

In the 2nd Edition, each chapter begins with an empirical, relevant question that is later answered using data in the Evidence-Based Economics feature. As a result of the text's practical emphasis, you'll learn to apply economic principles to guide the decisions you make in your own daily life.

PART I: INTRODUCTION TO ECONOMICS 

1. The Principles and Practice of Economics

2. Economic Methods and Economic Questions

3. Optimization: Doing the Best You Can

4. Demand, Supply, and Equilibrium

 

PART II: INTRODUCTION TO MACROECONOMICS 

5. The Wealth of Nations: Defining and Measuring Macroeconomic Aggregates

6. Aggregate Incomes

 

PART III: LONG-RUN GROWTH AND DEVELOPMENT 

7. Economic Growth

8. Why Isn’t the Whole World Developed?

 

PART IV: EQUILIBRIUM IN THE MACROECONOMY 

9. Employment and Unemployment

10. Credit Markets

11. The Monetary System

 

PART V: SHORT-RUN FLUCTUATIONS AND MACROECONOMICS POLICY

12. Short-Run Fluctuations

13. Countercyclical Macroeconomic Policy

 

PART VI: MACROECONOMICS IN A GLOBAL ECONOMY 

14. Macroeconomics and International Trade

15. Open Economy Macroeconomics

 

CHAPTERS ON THE WEB 

1. Financial Decision Making

2. Economics of Life, Health, and the Environment

3. Political Economy

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