Higher Education

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Macroeconomics

Author(s): Roger A. Arnold, Daniel R Arnold, David H Arnold

ISBN: 9789360533557

14th Edition

Copyright: 2023

India Release: 2024

₹695

Binding: Paperback

Pages: 546

Trim Size: 279 x 216 mm

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With Arnold's popular MACROECONOMICS, 14E, economic tools, new thinking and theories show you how macroeconomic forces impact daily events and form an important part of life 24/7. Current, everyday macroeconomic examples and updated discussions and learning features illustrate many unexpected places economics can occur.

  • Significantly revised coverage of the Federal Reserve System focuses on changes in monetary policy today.
  • "Questions to Answer Before Going to Class" helps students prepare for interactive class discussions.
  • "What's Wrong with This Diagram?" and related features aid in understanding economic diagrams.
  • "Office Hours" feature provides a behind-the-scenes explanation of chapter topics.
  • "Finding Economics" brief features highlight examples of economics in daily life.
  • "Thinking Like an Economist" features explore economists' approaches to topics.

An Introduction to Economics

Part I: ECONOMICS: THE SCIENCE OF SCARCITY

1. What Economics Is About

2. Production Possibilities Frontier Framework

3. Supply and Demand: Theory

4. Prices: Free, Controlled, and Relative

5. Supply, Demand, and Price: Applications

Macroeconomics

Part II: MACROECONOMIC FUNDAMENTALS

6. Macroeconomic Measurements, Part I: Prices and    Unemployment

7. Macroeconomic Measurements, Part II: GDP and Real GDP

Part III: MACROECONOMIC STABILITY, INSTABILITY, AND FISCAL POLICY

8. Aggregate Demand and Aggregate Supply

9. Classical Macroeconomics and the Self-Regulating Economy

10. Keynesian Macroeconomics and Economic Instability: A Critique of the Self-Regulating Economy

11. Fiscal Policy and the Federal Budget

Part IV: MONEY, THE ECONOMY, AND MONETARY POLICY

12. Money, Banking and the Financial System

13. The Federal Reserve System

14. Money and the Economy

15. Monetary Policy

Part V: EXPECTATIONS AND GROWTH

16. Expectations Theory and the Economy

17. Economic Growth: Resources, Technology, Ideas, and Institutions

Part VI: CREATIVE DESTRUCTION AND CRONY CAPITALISM

18. Creative Destruction and Crony Capitalism: Two Forces on the Economic Landscape Today

PART VII:  ECONOMIC THEORIES AND RESEARCH

19. New Frontiers in Economic Research: Causal

Inference and Machine Learning

The Global Economy

Part VIII: INTERNATIONAL TRADE AND FINANCE.

20. International Trade

21. International Finance

Roger A. Arnold

Dr. Roger Arnold - California State University San Marcos

Daniel R Arnold

Dr. Daniel Arnold is a research economist in the School of Public Health at University of California.

David H Arnold

Dr. David Arnold - University of California, San Diego