Macroeconomics : Public and Private Choice

ECONOMICS: PRIVATE AND PUBLIC CHOICE includes many more engaging elements?such as scenes from popular movies and applications of economic theory to real-world issues?to help you see how these theories apply to the world around you. Each chapter has been updated to reflect today?s market, including analysis and explanation of measures of current economic activity. You?ll also find highlights of the lives of notable economists and how they contributed to the thinking that shapes our markets today. Common economic myths are dispelled, and the ?invisible hand? metaphor is applied to economic theory, demonstrating how it?s working even today to stimulate the economy. This 12th edition includes new technology features such as a robust set of online multimedia learning tools, including video clips and free quizzes designed to support your classroom work; a completely updated Aplia interactive learning system with practice problems, interactive tutorials, online experiences, and more.

The Economic Way Of Thinking
The Economic Approach
Some Tools of the Economist
Markets And Government
Supply, Demand, and the Market Process
Supply and Demand: Applications and Extensions
Difficult Cases for the Market and the Role of Government
The Economics of Collective Decision Making
Core Macroeconomics
Taking the Nation+s Economic Pulse
Economic Fluctuations, Unemployment, and Inflation
An Introduction to Basic Macroeconomic Markets
Economic Instability
Fiscal Policy
Money and the Banking System
Modern Macroeconomics: The Monetary System
Stabilization Policy, Output, and Employment
Creating an Environment for Growth and Prosperity
Institutions, Policies, and Cross-Country Differences in Income and Growth
International Economics
Gaining from International Trade
International Finance and the Foreign Exchange Market. (macro split only)
Applying The Basics
Special Topics
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Macroeconomics : Public and Private Choice

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Table of Contents

Supplemental Materials