Macroeconomics, Global Edition

For Principles of Macroeconomics courses at two- and four-year colleges and universitiesReveal the relevance of economics through real-world business examplesOne of the challenges of teaching Principles of Macroeconomics is fostering interest in concepts that may not seem applicable to students' lives. Macroeconomics, Fifth Edition makes economics relevant by demonstrating how real businesses use economics to make decisions every day. Regardless of their future career path-opening an art studio, trading on Wall Street, or bartending at the local pub-students will benefit from understanding the economic forces behind their work.This program provides a better teaching and learning experience-for you and your students. It will help you to:. Personalize learning with MyEconLab: This online homework, tutorial, and assessment program fosters learning and provides tools that help instructors to keep students on track.. Show students how economics is relevant: Relatable features ground course material in the real world, showing students how these ideas are relevant and facilitating understanding.. Foster thorough understanding via a flexible, student-focused approach: An engaging, captivating writing style and student-friendly learning aids motivate and engage students.

I. Introduction1. Economics: Foundations and Models 2. Trade-offs, Comparative Advantage, and the Market System 3. Where Prices Come From: The Interaction of Demand and Supply 4. Economic Efficiency, Government Price Setting, and Taxes 5. The Economics of Health Care II. Firms in the Domestic and International Economies 6. Firms, the Stock Market, and Corporate Governance 7. Comparative Advantage and the Gains from International Trade III. Macroeconomic Foundations and Long-Run Growth 8. GDP: Measuring Total Production and Income 9. Unemployment and Inflation 10. Economic Growth, the Financial System, and Business Cycles 11. Long-Run Economic Growth: Sources and Policies IV. Short-Run Fluctuations 12. Aggregate Expenditure and Output in the Short Run 13. Aggregate Demand and Aggregate Supply Analysis V. Monetary and Fiscal Policy 14. Money, Banks, and the Federal Reserve System 15. Monetary Policy 16. Fiscal Policy 17. Inflation, Unemployment, and Federal Reserve Policy VI. The International Economy 18. Macroeconomics in an Open Economy 19. The International Financial System