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Principles of Macroeconomics 3e

Principles of Macroeconomics 3e

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Original Release Date: December 2022. Color Print.

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 scenarios. The third edition has been carefully and thoroughly updated to reflect current data and understanding, 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. Brief references and deeply explored socio-political examples have also been updated to showcase the critical - and sometimes unnoticed - ties between economic developments and topics relevant to students.

A fuller list of changes made in Principles of Macroeconomics 3e are described in the preface.


Table of Contents
  • Chapter 1: Welcome to Economics!
  • Chapter 2: Choice in a World of Scarcity
  • Chapter 3: Demand and Supply
  • Chapter 4: Labor and Financial Markets
  • Chapter 5: Elasticity
  • Chapter 6: The Macroeconomic Perspective
  • Chapter 7: Economic Growth
  • Chapter 8: Unemployment
  • Chapter 9: Inflation
  • Chapter 10: The International Trade and Capital Flows
  • Chapter 11: The Aggregate Demand/Aggregate Supply Model
  • Chapter 12: The Keynesian Perspective
  • Chapter 13: The Neoclassical Perspective
  • Chapter 14: Money and Banking
  • Chapter 15: Monetary Policy and Bank Regulation
  • Chapter 16: Exchange Rates and International Capital Flows
  • Chapter 17: Government Budgets and Fiscal Policy
  • Chapter 18: The Impacts of Government Borrowing
  • Chapter 19: Macroeconomic Policy Around the World
  • Chapter 20: International Trade
  • Chapter 21: Globalization and Protectionism


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