Macroeconomics for Today

Front Cover
Cengage Learning, 1999 - Economics - 200 pages
The Study Guide, written by the author and reviewed for accuracy, contains features such as the chapter in a nutshell, key concept review, fill-in-the-blank questions, step-by-step interpretation of the graph boxes, multiple-choice questions, true-false questions, and crossword puzzles.

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Contents

INTRODUCTION TO ECONOMICS 1 Introducing the Economic Way of Thinking
1
Applying Graphs to Economics
9
Production Possibilities and Opportunity Cost
17
Market Supply and Demand
27
Markets in Action
41
MACROECONOMIC FUNDAMENTALS 5 Gross Domestic Product
53
Business Cycles and Unemployment
63
Inflation
71
Fiscal Policy
111
The Public Sector
121
Federal Deficits Surpluses and the National Debt
129
Money and the Federal Reserve System
137
Money Creation
145
The Phillips Curve and Expectations Theory
165
THE INTERNATIONAL ECONOMY 18 International Trade and Finance
175
Comparative Economic Systems
185

MACROECONOMIC THEORY AND POLICY 8 The Keynesian Model
81
The Keynesian Model in Action
91
Aggregate Demand and Supply
101
Growth and the Less Developed Countries
193
Copyright

About the author (1999)

Dr. Irvin B. Tucker has more than 30 years of experience teaching introductory economics at the University of North Carolina Charlotte. He earned his BS in economics at North Carolina State University and his MA and PhD in economics from the University of South Carolina. He is a long-time member of the National Council on Economic Education. Dr. Tucker has served as executive director of the S.C. Council of Education and director of the Center for Economic Education at the University of North Carolina at Charlotte. He is recognized for his ability to relate basic principles to economic issues and public policy. His work has received national recognition with awards from the Meritorious Levy Award for Excellence in Private Enterprise Education, the Federation of Independent Business Award for Postsecondary Educator of the Year in Entrepreneurship and Economic Education, and the Freedom Foundation's George Washington Medal for Excellence in Economic Education. In addition, Dr. Tucker's research has been published in numerous professional journal articles on a wide range of topics, including industrial organization, entrepreneurship, and economics of education. Dr. Tucker is also the author of the highly successful SURVEY OF ECONOMICS, 9E and ECONOMICS AND FINANCE.

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