Macroeconomics (Age 18, US Bachelor’s 1)
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.
Textbook Details
| Author | David Shapiro (Pennsylvania State University), Daniel MacDonald (California State University, San Bernardino), Steven A. Greenlaw (University of Mary Washington) |
|---|---|
| Age / Grade | Age 18 / US Bachelor’s 1 |
| Original Language | English |
| License Type | Creative Commons Attribution 4.0 International (CC BY 4.0) This means users are free to copy, redistribute, remix, and build upon the material for any purpose, even commercially, as long as they provide appropriate attribution. Learn more about this license at creativecommons.org/licenses/by/4.0. |
| Download | Download PDF |
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