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Textbook Details

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Cover of Principles of Macroeconomics v9.0
Principles of Macroeconomics v9.0
John B. Taylor and Akila Weerapana
September 2020
Economics Textbooks
ISBN (Digital): 

Principles of Macroeconomics presents macroeconomics as a unified discipline, rather than a bewildering array of seemingly unrelated topics. Featured AD-IA framework helps students understand the world and explicitly engage with Federal Reserve policy, allowing instructors to explain the remarkable, and unprecedented, policy moves undertaken by the Fed in 2008 and 2020. Applications from the pandemic, politics, campus life, and other familiar contexts connect theoretical principles with common experiences. Suitable for semester- or quarter-long courses.

Brief Table of Contents

Chapter 1: The Central Idea

Chapter 2: Observing and Explaining the Economy

Chapter 3: The Supply and Demand Model

Chapter 4: Subtleties of the Supply and Demand Model

Chapter 5: Macroeconomics: The Big Picture

Chapter 6: Measuring the Production, Income, and Spending of Nations

Chapter 7: The Spending Allocation Model

Chapter 8: Unemployment and Employment

Chapter 9: Productivity and Economic Growth

Chapter 10: Money and Inflation

Chapter 11: The Nature and Causes of Economic Fluctuations

Chapter 12: The Economic Fluctuations Model

Chapter 13: Using the Economic Fluctuations Model

Chapter 14: Fiscal Policy

Chapter 15: Monetary Policy

Chapter 16: Capital and Financial Markets

Chapter 17: Economic Growth Around the World

Chapter 18: International Trade

Chapter 19: International Finance

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