| Description |
603 pages : illustrations (chiefly color) ; 28 cm |
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text txt rdacontent |
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unmediated n rdamedia |
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volume nc rdacarrier |
| Note |
"Revision MA-1-002-RS." |
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Consists of relevant chapters from Principles of economics. |
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Second revision of this title: MA-1-002-RS. |
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Senior contributing author, Timothy Taylor; senior content expert, Steven A. Greenlaw; senior contributors, Eric Dodge, Cynthia Gamez, Andres Jauregui, Diane Keenan, Dan MacDonald, Amyaz Moledina, Craig Richardson, David Shapiro, Ralph Sonenshine. |
| Contents |
Welcome to economics! -- Choice in a world of scarcity -- Demand and supply -- Labor and financial markets -- Elasticity -- The macroeconomic perspective -- Economic growth -- Unemployment -- Inflation -- The international trade and capital flows -- The aggregate demand/aggregate supply model -- The Keynesian perspective -- The neoclassical perspective -- Money and banking -- Monetary policy and bank regulation -- Exchange rates and international capital flows -- Government budgets and fiscal policy -- The impacts of government borrowing -- Macroeconomic policy around the world -- International trade -- Globalization and protectionism -- The use of mathematics in principles of economics -- The expenditure-output model. |
| Summary |
Principles of Macroeconomics covers the scope and sequence for a one-semester economics course. The text also includes many current examples, including: the housing bubble and housing crisis, Zimbabwe's hyperinflation, global unemployment, and the appointment of the United States' first female Federal Reserve chair, Janet Yellen. The pedagogical choices, chapter arrangements, and learning objective fulfillment were developed and vetted with feedback from educators dedicated to the project. The outcome is a balanced approach to economics, to both Keynesian and classical views, and to the theory and application of economics concepts. Current events are treated in a politically-balanced way, as well. |
| Bibliography |
Includes bibliographical references (pages 521-528) and index. |
| Subject |
Macroeconomics -- Textbooks.
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Economics -- United States -- Textbooks.
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| Added Author |
Greenlaw, Steven A., author.
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Dodge, Eric R., author.
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Gamez, Cynthia, 1962- author.
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Jauregui, Andres, 1976- author.
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Keenan, Diane, author.
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MacDonald, Dan, 1985- author.
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Moledina, Amyaz, author.
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Richardson, Craig, 1962- author.
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Shapiro, David, 1946- author.
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Taylor, Timothy, 1960-
Principles of economics.
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OpenStax College, issuing body.
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Rice University, issuing body.
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| Cover Title |
Principles of macro-economics |
| Standard No. |
954057453 |
| ISBN |
1938168259 |
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9781938168253 |
| OCLC # |
951014071 |
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