Macroeconomics: Principles, Problems, and PoliciesMcConnell-Brue's Principles of Macroeconomics, 15e is the best-selling textbook and has been teaching students in a clear, unbiased way for 40 years. The 14th edition grew market share because of its clear and careful treatment of principles of macroeconomics concepts, its balanced coverage, and its patient explanations. More students have learned their principles of Macroeconomics from McConnell-Brue than any other text12 million of them. The 15th edition is a substantial revision that delivers a tighter, modern, Internet-savvy book. |
Contents
The Economics of Problems with Central Planning | 4 |
Private and Multilateral Trade Agreements | 5 |
Theoretical economicsPolicy economics | 8 |
Copyright | |
46 other sections not shown
Common terms and phrases
$5 billion AD-AS model aggregate demand curve aggregate expenditures aggregate supply curve amount assets bonds budget buyers capital cause Chapter checkable deposits commercial banks consumer consumption corporate crease currency decline decrease deficit demand-pull inflation determine dollar econ economic growth economists economy's effect efficiency equilibrium GDP equilibrium price example excess reserves Federal Reserve Banks Figure firms fiscal policy full-employment government spending graph higher households increase in aggregate investment spending Key Question labor level of GDP loans lower mand marginal market system ment money supply multiplier national income nomic nominal GDP opportunity cost percent Phillips Curve pizza price level production possibilities curve profit purchases quantity demanded QUICK REVIEW real GDP real output recession reduce relationship reserve ratio rise robots shift the aggregate slope sumer Suppose surplus Table tax rates tax revenues tion trade unemployment rate United vertical wages Wahoo bank workers