Macroeconomics / John B Taylor, Akila Weerapana.

Part 1. Introduction to economics -- The central idea -- Observing and explaining the economy -- Appendix to Chapter 2 : reading, understanding, and creating graphs -- The supply and demand model -- Subtleties of the supply and demand model : price floors, price ceilings, and elasticity -- Part 2. Principles of macroeconomics -- Macroeconomics : the big picture -- Appendix to chapter 5 : the miracle of compound growth -- Measuring the production, income, and spending of nations -- The spending allocation model -- Unemployment and employment -- Productivity and economic growth -- Appendix to chapter 9 : deriving the growth accounting formula -- Money and inflation -- Part 3. Economic fluctuations and macroeconomic policy -- The nature and causes of economic fluctuations -- Appendix to chapter 11 : deriving the formula for the Keynesian multiplier and the forward-looking consumption model -- The economic fluctuations model -- Using the economic fluctuations model -- Fiscal policy -- Monetary policy and the financial crisis -- Capital and financial markets -- Appendix to chapter 16 : present discounted value -- Part 4. Trade and global markets -- Economic growth and globalization -- The gains from international trade -- International trade policy.

Help your students better understand today's global financial crisis, its possible causes and potential consequences as recognized economic expert John B. Taylor and co-author Akila Weerapana provide a thoroughly revised PRINCIPLES OF MACROECONOMICS, 6E text in response to the current global financial challenges. Completely updated chapters throughout Taylor/Weerapana's PRINCIPLES OF MACROECONOMICS, 6E: GLOBAL FINANCIAL CRISIS EDITION offer the latest information, particularly in discussion of monetary policy (Ch. 15), economic fluctuations, money and inflation, and capital and financial markets. John Taylor, former Undersecretary of the Treasury for International Affairs, and one of the most respected voices in economics combines his expertise on today's issues with co-author Akila Weerapana's fresh focus on the needs of today's students. Updated graphs, figures, and popular learning features, such as "Economics in the News" and "Economics in Action," present the latest issues and data, including coverage of the Obama Administration. This clearly written text, well known for its coverage of modern policy issues, continues to offer concise yet thorough coverage of current economic theories. Refreshing examples, engaging applications, and proven end-of-chapter problems simplify advanced topics and make them accessible to your students. In addition, Aplia, the leading online homework solution in educational publishing today, is available as part of a complete supplement package that further ensures your students' thorough understanding of economic developments as they happen.

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