Take a policy-based approach to teaching introductory economics with Baumol/Blinder's MACROECONOMICS: PRINCIPLES AND POLICY, 13E. Written by two of the most respected economists in the world, this edition is one of the most current economics texts on the market with data into 2014. Significant updates reflect the most recent economic events and policy developments, which the authors skillfully relate to the book's concepts and principles using the right level of rigor and detail. Guide readers in mastering the basic principles of economics with the strong policy-based approach and vivid, current examples found only in MACROECONOMICS: PRINCIPLES AND POLICY. Important Notice: Media content referenced within the product description or the product text may not be available in the ebook version.
The study guide assists students in understanding the text's main concepts. It includes learning objectives; lists of important concepts and terms for each chapter; quizzes that help students test their understanding and comprehension of concepts; multiple-choice tests for self-understanding; lists of supplementary readings and study questions for each chapter; "Economics in Action" sections that use current news articles to illustrate economics concepts; "Economics Online" exercises that outline useful Internet sources for economic data and interaction. For Baumol/Blinder Economics, Update 2010 Edition, 11e use this Study Guide in combination with the Study Guide for Baumol/Blinder Microeconomics, Update 2010 Edition, 11e.
MACROECONOMICS: PRINCIPLES AND POLICY, Twelfth Edition, takes a policy-based approach to the teaching of introductory macroeconomics. Written by two of the most respected economists in the world, this text is also one of the most current texts on the market that includes data through the spring of 2011. The text includes significant updates based on the current economic crisis, providing the right level of rigor and detail. Important Notice: Media content referenced within the product description or the product text may not be available in the ebook version.
Principles of Macroeconomics by Howard J. Sherman and Michael A. Meeropol differs from other texts in that this book stresses far more the inherent instability of the macro-economy. The details of the business cycle come early and are integrated throughout the core of usual macro topics (C, I, G, X). The book puts inflation into its proper perspective by recognising that unemployment is the much greater threat to the economic well being of the vast majority of the people. Instead unemployment and its human toll are given far greater emphasis than other texts. The Keynesian model is fully developed; so is the statistical analysis of Wesley Mitchell. The neoclassical model is covered in both its historical evolution and in its implications for current policy debates. Finally, there is strong coverage of the Euro-zone crisis and its linkages to the United States.
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McConnell-Brue's Principles of Macroeconomics, 15e is the best-selling textbook and has been teaching students in a clear, unbiased way for 40 years. The 14th edition grew market share because of its clear and careful treatment of principles of macroeconomics concepts, its balanced coverage, and its patient explanations. More students have learned their principles of Macroeconomics from McConnell-Brue than any other text12 million of them. The 15th edition is a substantial revision that delivers a tighter, modern, Internet-savvy book.
Principles of Macroeconomics is focused on the material that students need to cover in a first introductory course. It is slightly more compact than the majority of introductory macroeconomics books in the Canadian marketplace. Decades of teaching experience and textbook writing has led the authors to avoid the encyclopedic approach that characterizes the recent trends in textbooks. Consistent with this approach, there are no appendices or 'afterthought' chapters. If important material is challenging then it is still included in the main body of the text; it is not relegated elsewhere for a limited audience; the text makes choices on what issues and topics are important in an introductory course. This philosophy has resulted in a Macro book of just 13 chapters, with three introductory chapters common to both our Principles of Microeconomics and Macroeconomics books.Examples are domestic and international in their subject matter and are of the modern era - financial markets, monetary and fiscal policies aimed at inflation and debt control, globalization and the importance of trade flows in economic structure and concerns about slow growth and the risk of deflation are included. The title is intended to be informative. Students are introduced to the concepts of models early, and the working of such models is illustrated in every chapter. While this book avoids calculus and uses algebra sparingly, it still aims to be rigorous. In contrast to many books on the market that simply insert diagrams and discuss concepts in a diagrammatic framework, our books develop and analyze key concepts and relations by introducing numerical and empirical examples at the outset. Students are introduced immediately to the practice of taking a set of data, examining it numerically, plotting it and thinking about how it illustrates a concept or relationship. The process is not difficult but it is rigorous and stresses the link between empirical observation, economic theory, models and policy. Hence numerical examples, diagrams, and straight line equations and are introduced early and are used throughout.