Principles of Macroeconomics by Susan Feigenbaum; R.W. Hafer - First Edition, 2012 from Macmillan Student Store

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Principles of Macroeconomics

First  Edition©2012  Susan Feigenbaum; R.W. Hafer

ISBN:9781464118197

ISBN:9781464109287

ISBN:9781429220200

About

Building from the individual to the household, to the firm, and then to the economy at large, Principles of Macroeconomics establishes an economic framework to explore the collection of choices spanning a person's life. Moving from realistic examples in everyday life to more broad ones, the text demonstrates the enduring principles of economic behavior.

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Table of Contents

PART I.  THE ECONOMIC COSTS AND CHOICES FACING INDIVIDUALS 

1. Economics as a Framework for Making Life’s Decisions
2. The Benefits and Costs of an Activity: Specialization and Exchange
3. The Demand for and Supply of Economic Goods
4. Applying the Supply and Demand Model 
 
PART II. AN INTRODUCTION TO MACROECONOMICS

5. What Are the Big Issues: A Macroeconomic Overview
6. Measuring a Nation’s Price Level
7. Output and Income
8. The Labor Market and Unemployment
9. The Global Economy
 
PART III. THE ECONOMICS OF THE LONG RUN

10. The Basics of Growth Economics
11. Other Aspects of Economic Growth: Why Isn’t Everyone Rich?
12. Inflation: What It Is, and Why It’s Bad
 
PART IV. EXPLAINING BUSINESS (SHORT-RUN) FLUCTATIONS

13. Aggregate Expenditures and Real Output
14. Inflation Expectations and Their Effect on the Economy
15. Can Economic Fluctuations Be Predicted? Using the AD-IE Model
 
PART V. POLICY DEBATES

16. Fiscal Policy
17. Money, Banking, and the U.S. Federal Reserve System
18. Monetary Policy

Susan Feigenbaum

Susan Feigenbaum is Professor and former Chair of the Department of Economics at the University of Missouri at St. Louis. She has received several National Science Foundation research and curriculum innovation grants, as well as state and campus teaching awards.

R. W. Hafer

R.W. Hafer is Professor and Chair of the Department of Economics and Finance at Southern Illinois University at Edwardsville. He served as Research Officer with the Federal Reserve Bank of St. Louis for ten years. He has published widely on monetary policy and financial markets in academic and non-academic publications, including The Wall Street Journal.