Textbook Details
- By:
- John B. Taylor and Akila Weerapana
- Published:
- September 2020
- Discipline:
- Economics Textbooks
- ISBN (Digital):
- 978-1-4533-3499-7
Principles of Macroeconomics presents macroeconomics as a unified discipline, rather than a bewildering array of seemingly unrelated topics. Featured AD-IA framework helps students understand the world and explicitly engage with Federal Reserve policy, allowing instructors to explain the remarkable, and unprecedented, policy moves undertaken by the Fed in 2008 and 2020. Applications from the pandemic, politics, campus life, and other familiar contexts connect theoretical principles with common experiences. Suitable for semester- or quarter-long courses.
Brief Table of Contents
Chapter 1: The Central Idea
Chapter 2: Observing and Explaining the Economy
Chapter 3: The Supply and Demand Model
Chapter 4: Subtleties of the Supply and Demand Model
Chapter 5: Macroeconomics: The Big Picture
Chapter 6: Measuring the Production, Income, and Spending of Nations
Chapter 7: The Spending Allocation Model
Chapter 8: Unemployment and Employment
Chapter 9: Productivity and Economic Growth
Chapter 10: Money and Inflation
Chapter 11: The Nature and Causes of Economic Fluctuations
Chapter 12: The Economic Fluctuations Model
Chapter 13: Using the Economic Fluctuations Model
Chapter 14: Fiscal Policy
Chapter 15: Monetary Policy
Chapter 16: Capital and Financial Markets
Chapter 17: Economic Growth Around the World
Chapter 18: International Trade
Chapter 19: International Finance