Macroeconomic

PART ONE: Introduction to Economics and the Economy 1 Limits, Alternatives, and Choices 2 The Market System and the Circular Flow 


PART TWO: Price, Quantity, and Efficiency 3 Demand, Supply, and Market Equilibrium (available online) 4 Market Failures Caused by Externalities and Asymmetric Information (available online) 5 Public Goods, Public Choice, and Government Failure 


PART THREE: GDP, Growth, and Instability 6 An Introduction to Macroeconomics 7 Measuring Domestic Output and National Income 8 Economic Growth 9 Business Cycles, Unemployment, and Inflation 


PART FOUR: Macroeconomic Models and Fiscal Policy 10 Basic Macroeconomic Relationships 11 The Aggregate Expenditures Model 12 Aggregate Demand and Aggregate Supply 13 Fiscal Policy, Deficits, and Debt 


PART FIVE: Money, Banking, and Monetary Policy 14 Money, Banking, and Financial Institutions 15 Money Creation 16 Interest Rates and Monetary Policy 17 The IS-LM Model 18 Financial Economics 


PART SIX: Extensions and Issues 19 Extending the Analysis of Aggregate Supply
20 Current Issues in Macro Theory and Policy


 PART SEVEN: International Economics 21 International Trade 22 The Balance of Payments, Exchange Rates, and Trade Deficits 23 The Economics of Developing Countries

OVERVIEW


Macroeconomics is seen as one of the most innovative and popular books in the subject area across the globe. This revised edition of the book offers comprehensive discussion on all major areas of micro aspects of economics, with inclusion of insightful new content around latest trends. From real-life examples to cutting-edge learning resources, Macroeconomics offers a student-centered learning environment that presents content in new, engaging ways. With its modern approach and inclusion of new data, examples, and cases from global as well as Indian context, the book makes learning and applying economics easier for instructors and students alike


KEY FEATURES


• A simple and engaging read that offers comprehensive discussion on basic to advance topics in economics 
• Includes new chapters on Market Failures Caused by Externalities and Asymmetric Information, Public Goods, Public Choice, and Government Failure, and The IS-LM Model 
• Balances theory with practice through innovative in-chapter features, like Key Graphs and Quick Review
• Features new Consider This and Last Word elements that focus on real-life examples and cases in global as well as Indian context.

• Macroeconomics