Principles of Macroeconomics
Suitable Age Group: Ages 18–21
Grade Reference
| 🇺🇸 United States | College Freshman – College Senior |
| 🇬🇧 United Kingdom | University Year 1 – University Year 4 |
| 🇮🇳 India | B.Com. Year 1 – B.Com. Year 4 |
| 🇳🇬 Nigeria | University Year 1 – University Year 4 |
| 🇿🇦 South Africa | University Year 1 – Honours |
| 🇦🇺 Australia | University Year 1 – Honours |
| 🇨🇦 Canada | University Year 1 – University Year 4 |
About This Textbook
This textbook covers the scope and sequence of most one semester introductory macroeconomics courses. The text uses conversational language and ample illustrations to explore economic theories, and provides a wide array of examples using both fictional and real-world applications.
Table of Contents
Welcome to Economics — Choice in a World of Scarcity — Demand and Supply — Labor and Financial Markets — Elasticity — The Macroeconomic Perspective — Economic Growth — Unemployment — Inflation — The International Trade and Capital Flows — The Aggregate Demand/Aggregate Supply Model — The Keynesian Perspective — The Neoclassical Perspective — Money and Banking — Monetary Policy and Bank Regulation — Exchange Rates and International Capital Flows — Government Budgets and Fiscal Policy — The Impacts of Government Borrowing — Macroeconomic Policy Around the World — International Trade — Globalization and Protectionism
