Description
Book SynopsisColander:
Macroeconomics, 12e is specifically designed to help today's students succeed in the principles of economics course and grasp economics concepts they can apply in their daily lives.
David Colander's trademark colloquial approach focuses on modern economics, institutions, history, and modeling. He presents and applies economic models, but also encourages students to think about model nuances, building their critical thinking skills and applying models to the real world.
Content in this text is organized around learning objectives to make it easier for students to understand the material and for instructors to build assignments within Connect. Through Connect and SmartBook, students will find engaging activities, helpful tutorial videos, and learning resources at that moment of need.
Table of ContentsPART I: INTRODUCTION: THINKING LIKE AN ECONOMIST
Chapter 1: Economics and Economic Reasoning
Chapter 2: The Production Possibility Model, Trade, and Globalization
Appendix: Graphish: The Language of Graphs
Chapter 3: Economic Institutions Appendix: The History of Economic Systems
Chapter 4: Supply and Demand
Chapter 5: Using Supply and Demand
Appendix: Algebraic Representation of Supply, Demand, and Equilibrium
PART II: MACROECONOMICS
MACROECONOMIC BASICS
Chapter 6: Economic Growth, Business Cycles, and Unemployment
Chapter 7: Measuring and Describing the Aggregate Economy
POLICY MODELS
Chapter 8: The Keynesian Short-Run Policy Model: Demand-Side Policies
Chapter 8W: The Multiplier Model
Chapter 9: The Classical Long-Run Policy Model: Growth and Supply-Side Policies
FINANCE, MONEY, AND THE ECONOMY
Chapter 10: The Financial Sector and the Economy
Appendix: A Closer Look at Financial Assets and Liabilities
Chapter 11: Conventional Monetary Policy
Chapter 12: Financial Crises, Regulation, and the Crypto Challenge
TAXES, BUDGETS, AND FISCAL POLICY
Chapter 13: Deficits and Debt: The Austerity Debate
Chapter 14: The Fiscal Policy Dilemma
MACROECONOMIC PROBLEMS
Chapter 15: Jobs and Unemployment
Chapter 16: Inflation, Deflation, and Macro Policy
INTERNATIONAL ECONOMIC POLICY ISSUES
Chapter 17: Comparative Advantage, Exchange Rates, and Globalization
Chapter 18: International Trade Policy
INTERNATIONAL MACROECONOMIC POLICY ISSUES
Chapter 19: International Financial Policy
Appendix: History of Exchange Rate Systems
Chapter 20: Macro Policy in a Global Setting
Chapter 21: Structural Stagnation, Globalization and the Post-COVID Blues
Chapter 22: Macro Policy in Developing Countries
