Principles of Macroeconomics : a Sreamlined Approach /
Robert H. Frank, Cornell University, Ben Bernanke, Brookings Institution, Former Chair, Board of Governors of the Federal Reserve System, Kate Antonovics, University of California, San Diego, Ori Heffetz, Cornell University and Hebrew University of Jerusalem.
- Fourth edition.
- New York, NY , McGraw Hill LLC : 2021
- 280 pages
Includes index.
PART 1 Introduction 1 Thinking Like an Economist 2 Supply and Demand PART 2 Macroeconomics: Issues and Data 3 Macroeconomics: The Bird's-Eye View of the Economy 4 Measuring Economic Activity: GDP, Unemployment, and Inflation PART 3 The Economy in the Long Run 5 Economic Growth, Productivity, and Living Standards 6 The Labor Market: Workers, Wages, and Unemployment 7 Saving and Capital Formation 8 Money, the Federal Reserve, and Global Financial Markets PART 4 The Economy in the Short Run 9 Short-Term Economic Fluctuations and Fiscal Policy 10 Stabilizing the Economy: The Role of the Fed 11 Aggregate Demand, Aggregate Supply, and Inflation PART 5 International Economy12 International Trade and Trade Policy 13 Exchange Rates and the Open Economy
"Our fourth streamlined edition arrives in the midst of some of the most dramatic upheavals ever witnessed, both in the economy generally and in higher education in particular. The COVID-19 pandemic has produced levels of unemployment not seen since the Great Depression and has created dramatic changes in the ways we teach across educational institutions at every level. These developments have reinforced our confidence in the instructional philosophy that motivated us to produce our first edition"--