Macroeconomics principles and tools
O'Sullivan Arthur
- 3rd edition.
- New Jersey Prentice Hall c2003
- xxxii, 390p.: ill., col.; 26cm.
- Includes active learning .
TABLE OF CONTENTS
PART 1: Introduction and key principles 1
1. Introduction: What is Economics 1-14 2. Key principles of economics 23-37 3. Markets and government in the global economy 41-58 4. Supply , demand and market equilibrium 63-89 PART 2: The basic concepts in macroeconomics 95 5. Measuring a Nation’s production and income 95-111 6. Unemployment and inflation 115-127
PART 3: The economy in the long run 131
7. Classical economics: The economy at full employment 131-149 8. Why do economies grow? 153-178
PART 4: Economic fluctuations 179
9. Aggregate demand and aggregate supply 179-195 10. Keynesian economics and fiscal policy 199-229 11. Investment and financial international 231-246 PART 5: Money, Banking and monetary policy 249 12. Money, the banking system and the federal reserve 249-267 13. Monetary policy in the short run 269-285
PART 6: Inflation, Unemployment, and economic policy 289
14. From the short run to the long run 289-303 15. The dynamics of inflation and unemployment 307-325 16. Current issues in macroeconomic policy 329-343 PART 7: The international economy 347 17. International trade and public policy 347-364 18. The world of international finance 369-387
Glossary G-1
Answers to odd-numbered problems and discussion questions A-1 Index I-1 Photo credits P-1