Principles of Macroeconomics 2nd Edition by Steven Greenlaw, University Of Mary Washington, David Shapiro, Pennsylvania State University 1947172387 9781947172388

Principles of Macroeconomics 2nd Edition by Steven A. Greenlaw, University Of Mary Washington, David Shapiro, Pennsylvania State University – Ebook PDF Instant Download/DeliveryISBN:  1947172387, 9781947172388 

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ISBN-10 ‏ : ‎ 1947172387

ISBN-13 ‏ : ‎ 978-1947172388

Author:  Steven A. Greenlaw, University Of Mary Washington, David Shapiro, Pennsylvania State University 

ABOUT THE BOOK: Principles of Macroeconomics 2e covers the scope and sequence of most introductory economics courses. The text includes many current examples, which are handled in a politically equitable way. The outcome is a balanced approach to the theory and application of economics concepts. The second edition has been thoroughly revised to increase clarity, update data and current event impacts, and incorporate the feedback from many reviewers and adopters.

Principles of Macroeconomics 2nd Table of contents:

Chapter 1: Welcome to Economics!
1.1 What Is Economics, and Why Is It Important?
1.2 Microeconomics and Macroeconomics
1.3 How Economists Use Theories and Models to Understand Economic Issues
1.4 How To Organize Economies: An Overview of Economic Systems
Chapter 2: Choice in a World of Scarcity
2.1 How Individuals Make Choices Based on Their Budget Constraint
2.2 The Production Possibilities Frontier and Social Choices
2.3 Confronting Objections to the Economic Approach
Chapter 3: Demand and Supply
3.1 Demand, Supply, and Equilibrium in Markets for Goods and Services
3.2 Shifts in Demand and Supply for Goods and Services
3.3 Changes in Equilibrium Price and Quantity: The Four-Step Process
3.4 Price Ceilings and Price Floors
3.5 Demand, Supply, and Efficiency.
Chapter 4: Labor and Financial Markets
4.1 Demand and Supply at Work in Labor Markets
4.2 Demand and Supply in Financial Markets
4.3 The Market System as an Efficient Mechanism for Information
Chapter 5: Elasticity
5.1 Price Elasticity of Demand and Price Elasticity of Supply
5.2 Polar Cases of Elasticity and Constant Elasticity
5.3 Elasticity and Pricing
5.4 Elasticity in Areas Other Than Price
Chapter 6: The Macroeconomic Perspective
6.1 Measuring the Size of the Economy: Gross Domestic Product
6.2 Adjusting Nominal Values to Real Values
6.3 Tracking Real GDP over Time
6.4 Comparing GDP among Countries.
6.5 How Well GDP Measures the Well-Being of Society
Chapter 7: Economic Growth
7.1 The Relatively Recent Arrival of Economic Growth
7.2 Labor Productivity and Economic Growth
7.3 Components of Economic Growth.
7.4 Economic Convergence
Chapter 8: Unemployment
8.1 How Economists Define and Compute Unemployment Rate
8.2 Patterns of Unemployment.
8.3 What Causes Changes in Unemployment over the Short Run
8.4 What Causes Changes in Unemployment over the Long Run
Chapter 9: Inflation
9.1 Tracking Inflation
9.2 How to Measure Changes in the Cost of Living.
9.3 How the U.S. and Other Countries Experience Inflation
9.4 The Confusion Over Inflation
9.5 Indexing and Its Limitations
Chapter 10: The International Trade and Capital Flows
10.1 Measuring Trade Balances
10.2 Trade Balances in Historical and International Context
10.3 Trade Balances and Flows of Financial Capital
10.4 The National Saving and Investment Identity.
10.5 The Pros and Cons of Trade Deficits and Surpluses
10.6 The Difference between Level of Trade and the Trade Balance
Chapter 11: The Aggregate Demand/Aggregate Supply Model
11.2 Building a Model of Aggregate Demand and Aggregate Supply
11.1 Macroeconomic Perspectives on Demand and Supply.

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Tags: Principles, Macroeconomics, Steven Greenlaw, University Of Mary Washington, David Shapiro, Pennsylvania State University