The Economics of Macro Issues
Pearson Addison Wesley, Jul 1, 2007 - Business & Economics - 226 pages
The Economics of Macro Issuesis a collection of brief, relevant readings that spark independent thinking and classroom discussions in principles of economics and social issues courses.The Miracle of Economic Growth:Rich Nation, Poor Nation; Return of the Luddites: Technophobia and Economic Growth; The Lion, the Dragon, and the Tigers: Economic Growth in Asia; Immigrants and Economic Growth; Outsourcing and Economic Growth; Poverty, Capitalism, and Growth.The Business Cycle, Unemployment, and Inflation:What’s in a Word? Plenty, If It’s the “R” Word; The Case of the Disappearing Workers; The Graying of the Workforce; The Problem with Deflation; The Problem with Inflation; Measuring GDP.Fiscal Policy:The Return of Big Government; The Myths of Social Security; Macro Disasters; The Brain Gain; Tax Cuts: When They Matter, When They Don’t; Simplifying the Federal Tax System (Don’t Hold Your Breath).Monetary Policy and Financial Institutions:The Future of the Fed: New Economy versus Inflation-targeting; Monetary Policy and Interest Rates; The Savings Glut; Beating the Market; Don’t Worry, Your Deposits Are Insured.International Trade and Finance:The Opposition to Free Trade; The $750,000 Job; The Trade Revolution in Textiles; The Trade Deficit; The Dollar versus the Euro: Winner Take All?For all readers interested in macroeconomic issues.
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Immigrants and Economic Growth
Outsourcing and Economic Growth
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20 percent Americans amount antibubble assets average bonds capita income capital capitalist nations central bank Chapter checkable deposits China Congress consumers corporations cost countries Critical Analysis debt deflation deposit insurance depository institutions earn economic growth economists effects euro example exports federal government federal income tax firms foreign free trade funds future higher Hurricane Katrina immigrants imports incentive increase individuals industries inflation rate international trade investment marginal tax rates measure ment million monetary policy money supply NBER nominal interest rates outsourcing overall payments payroll taxes politicians price level production profits quotas real GDP real value recession reduced reserve currency reserves result retirement rise saving rate sell Smoot-Hawley Tariff Act Social Security Social Security benefits spending stock market tax cuts textile tion trade deficit U.S. dollar unemployment rate United value-added tax wages wealth