Principles of Macroeconomics 3e (OpenStax)
- Page ID
- 164175
Principles of Macroeconomics 3e covers the scope and sequence of most one semester introductory macroeconomics courses. The third edition takes a balanced approach to the theory and application of macroeconomics concepts. The text uses conversational language and ample illustrations to explore economic theories, and provides a wide array of examples using both fictional and real-world applications. The third edition has been carefully and thoroughly updated to reflect recent developments, as well as to provide a deeper background in diverse contributors and their impacts on economic thought and analysis. For example, the third edition highlights the research and views of a broader group of economists.
- Front Matter
- 1: Welcome to Economics
- 2: Choice in a World of Scarcity
- 3: Demand and Supply
- 4: Labor and Financial Markets
- 5: Elasticity
- 6: The Macroeconomic Perspective
- 7: Economic Growth
- 8: Unemployment
- 9: Inflation
- 10: The International Trade and Capital Flows
- 11: The Aggregate Demand/Aggregate Supply Model
- 12: The Keynesian Perspective
- 13: The Neoclassical Perspective
- 14: Money and Banking
- 15: Monetary Policy and Bank Regulation
- 16: Exchange Rates and International Capital Flows
- 17: Government Budgets and Fiscal Policy
- 18: The Impacts of Government Borrowing
- 19: Macroeconomic Policy Around the World
- 20: International Trade
- 21: Globalization and Protectionism
- 22: Appendix
- Back Matter
Thumbnail: A pile of 20, 100 Euro (EUR), and 20, 100 Dollar (USD) banknotes. (Unsplash License; Ibrahim Boran via Unsplash)