Knowledge and Skills Required
principles of macroeconomics senior contributing authors steven a. greenlaw, university of mary washington timothy taylor, macalester college This course provides an overview of macroeconomic issues: the determination of output, employment, unemployment, interest rates, and inflation. Monetary and fiscal policies are discussed. Important policy debates such as, the sub-prime crisis, social security, the public debt, and international economic issues are critically explored Principles of Macroeconomics is an adaptation of the textbook, Macroeconomics: Theory, Markets, and Policy by D. Curtis and I. Irvine, and presents a complete and concise examination of introductory macroeconomics theory and policy suitable for a first introductory blogger.com Edition: a
Book Information
1The Scope and Method of Economics1 2The Economic Problem: Scarcity and Choice23 3Demand, Supply, and Market Equilibrium 43 4Demand and Supply Applications74 PART II Concepts and Problems in Macroeconomics 92 5Introduction to Macroeconomics92 6Measuring National Output and National Income 7Unemployment, Inflation, and Long-Run Growth 12/09/ · Table of Contents. Chapter 1: Economics: The Study of Choice. Chapter 2: Confronting Scarcity: Choices in Production. Chapter 3: Demand and Supply. Chapter 4: Applications of Demand and Supply. Chapter 5: Macroeconomics: The Big Picture. Chapter 6: Measuring Total Output and Income Principles of Macroeconomics 2e - OpenStax Summary 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
Principles of Macroeconomics is an adaptation of the textbook, Macroeconomics: Theory, Markets, and Policy by D. Curtis and I. Irvine, and presents a complete and concise examination of introductory macroeconomics theory and policy suitable for a first introductory blogger.com Edition: a Basic Economic Concepts (12%–15%) Scarcity, choice, and opportunity costs Production possibilities curve Absolute advantage, comparative advantage, specialization, and trade Demand, supply, and market equilibrium Determinants of supply and demand Price controls (price ceilings, price floors, and tariffs) In macroeconomics, we focus on changes in the price level across all markets. Microeconomics studies firm profit maximization, output optimization, consumer utility maximization, and consumption optimization. Macroeconomics studies economic growth, price
Principles of Macroeconomics 2e - OpenStax Summary 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 1The Scope and Method of Economics1 2The Economic Problem: Scarcity and Choice23 3Demand, Supply, and Market Equilibrium 43 4Demand and Supply Applications74 PART II Concepts and Problems in Macroeconomics 92 5Introduction to Macroeconomics92 6Measuring National Output and National Income 7Unemployment, Inflation, and Long-Run Growth Basic Economic Concepts (12%–15%) Scarcity, choice, and opportunity costs Production possibilities curve Absolute advantage, comparative advantage, specialization, and trade Demand, supply, and market equilibrium Determinants of supply and demand Price controls (price ceilings, price floors, and tariffs)
1The Scope and Method of Economics1 2The Economic Problem: Scarcity and Choice23 3Demand, Supply, and Market Equilibrium 43 4Demand and Supply Applications74 PART II Concepts and Problems in Macroeconomics 92 5Introduction to Macroeconomics92 6Measuring National Output and National Income 7Unemployment, Inflation, and Long-Run Growth Basic Economic Concepts (12%–15%) Scarcity, choice, and opportunity costs Production possibilities curve Absolute advantage, comparative advantage, specialization, and trade Demand, supply, and market equilibrium Determinants of supply and demand Price controls (price ceilings, price floors, and tariffs) Principles of Macroeconomics is an adaptation of the textbook, Macroeconomics: Theory, Markets, and Policy by D. Curtis and I. Irvine, and presents a complete and concise examination of introductory macroeconomics theory and policy suitable for a first introductory blogger.com Edition: a
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