Macroeconomics for Today
Straightforward and engaging, MACROECONOMICS FOR TODAY, 5E uses a unique textual and visual learning system to present, reinforce and test students comprehension while teaching them the basic concepts of economic principles and giving them the context to apply them in their everyday lives. This concise text focuses on core concepts, providing an extremely student friendly text that includes unparalleled pedagogy and teaching support. The new edition also includes CengageNOW, a powerhouse of online resources including custom designed learning paths for each student, lively videos, interactive assessments, testing tools, and much more. Engaging and easy to use, this book's fast-paced, action-packed approach explains all the essential concepts without being encyclopedic as it teaches students to apply basic economic principles to real-world issues.
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Introduction to Economics
Macroeconomic Theory and Policy
Money Banking and Monetary Policy
The International Economy
$1 trillion adaptive expectations aggregate demand curve aggregate expenditures aggregate supply curve banks billion budget business cycle capital CAUSATION CHAIN cause ceteris paribus chapter checkable deposits compact discs consumer surplus consumers consumption function countries currency decrease deficit economic growth economists economy equilibrium price example excess reserves exchange rate exports federal government Federal Reserve fiscal policy full employment GDP per capita government spending graph higher inflation rate interest rate investment demand curve Keynesian labor LDCs leftward level of real loans long-run marginal propensity ment Monetarists monetary policy money supply national debt nominal incomes opportunity cost output payments percent Phillips curve point E1 price level production possibilities curve purchase quantity demanded quantity supplied real disposable income real GDP recession relationship required reserve ratio result rightward rise spending multiplier tax rate tion total spending trade trillions of dollars unemployment rate United variables workers