Macroeconomics in ContextMacroeconomics in Context lays out the principles of macroeconomics in a manner that is thorough, up to date, and relevant to students. Like its counterpart, Microeconomics in Context, the book is attuned to economic realities--and it has a bargain price. The in Context books offer affordability, engaging treatment of high-interest topics from sustainability to financial crisis and rising inequality, and clear, straightforward presentation of economic theory. Policy issues are presented in context--historical, institutional, social, political, and ethical--and always with reference to human well-being. |
Other editions - View all
Macroeconomics in Context Neva Goodwin,Jonathan M. Harris,Julie A. Nelson,Brian Roach,Mariano Torras Limited preview - 2015 |
Common terms and phrases
aggregate demand assets average banks billion bonds borrowing budget capital Chapter China classical consumer consumption costs debt deficit Discussion Questions dollar domestic economic activity economic growth economists effect environmental equilibrium example exchange rate expansionary exports federal funds rate Figure financial crisis fiscal policy foreign foreign exchange market full employment GDP growth GDP per capita Genuine Progress Indicator global goals government spending graph gross domestic product growth rate households important income increase industry inequality intended investment interest rates investors Keynesian labor loans macroeconomic manufacturing measure monetary policy money supply national accounts natural capital output payments percent of GDP population production quantitative easing quantity real GDP recession rise savings sector shift social theory trade U.S. Census Bureau U.S. dollar U.S. economy unemployment unemployment rate United wages well-being workers World Bank