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Macroeconomics, Global Edition
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Beschreibung
For 1-semester principles of macroeconomics courses.An intuitive and grounded approach to economicsMacroeconomics gets students to think like economists by incorporating the latest policy, data and discussions on important global issues.The 14th Edition emphasizes real-world applications, the development of critical-thinking skills, diagrams renowned for their pedagogy and clarity, and path-breaking technology. Hallmark features in the chapter openings and endings encourage students to think critically about a news article relating to the issue, demonstrating how thinking like an economist can bring a clearer perspective to, and deeper understanding of, today's events.Hallmark features of this titleConcepts connect to economics in the real worldEconomics in Action and Economics in the News boxes have students link models and chapter tools to the economic world around them.Interviews with Economists feature leading economists from diverse backgrounds who share what inspired them to pursue a career in economics.Ample opportunities for practiceWorked Problems, consisting of questions, solutions and key figures, help students to learn-by-doing and actively, rather than passively, review the chapter content.In-text Review Quizzes reinforce major concepts and test students' knowledge of the topics just discussed.New and updated features of this titleCoverage of the impact of a changing macroeconomic marketUPDATED: All chapters are updated to include the latest data on the national accounts (Ch. 4), the labor market and price indexes (Ch. 5), economic growth (Ch. 6), interest rates and loanable funds (Ch. 7), banks and the money market (Ch. 8), the exchange rate and balance of payments (Ch. 9), the short-run Phillips curve tradeoff (Ch. 12), fiscal policy (Ch. 13), and monetary policy (Ch. 14).NEW: 8 chapters have an analysis of news reports about the macroeconomic effects of COVID-19 and the policy responses it triggered. These include nowcasting GDP through the pandemic (Ch. 4), measuring unemployment (Ch. 5), massive bond buying by the Federal Reserve (Ch. 8), the Covid recession viewed through the lens of the AS and AD (Ch. 10), inventories in the Covid recession (Ch. 11), post-Covid inflation fears (Ch. 12), and the effects of fiscal and monetary stimulus in the Covid recession (Ch. 13 and 14).NEW: Other changes include an explanation of the Fed's new operating procedures with ample reserves, a look at China's slowing growth rate (Ch. 6), the growth of 'fintec' in financial markets (Ch. 7, and currency manipulation (Ch. 9). von Parkin, Michael
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Über den Autor
About our authorMichael Parkin is Professor Emeritus in the Department of Economics at the University of Western Ontario, Canada. Professor Parkin has held faculty appointments at Brown University, the University of Manchester, the University of Essex, and Bond University. He is a past president of the Canadian Economics Association and has served on the editorial boards of the American Economic Review and the Journal of Monetary Economics and as managing editor of the Canadian Journal of Economics.Professor Parkin's research on macroeconomics, monetary economics, and international economics has resulted in over 160 publications in journals and edited volumes, including the American Economic Review, the Journal of Political Economy, the Review of Economic Studies, the Journal of Monetary Economics, and the Journal of Money, Credit and Banking. He became most visible to the public with his work on inflation that discredited the use of wage and price controls. Professor Parkin also spearheaded the movement toward European monetary union. Professor Parkin is an experienced and dedicated teacher of introductory economics.
- Hardcover
- 552 Seiten
- Erschienen 2016
- Wiley
- Hardcover
- 200 Seiten
- Erschienen 2014
- Wiley