Principlesof Macroeconomics is suitable for introductory macroeconomics courses usually called principles of macroeconomics, macroeconomics principles, introductory macroeconomics, or similar titles, taught primarily at the undergraduate level at two- and four-year colleges and universities. The course may also be taught at the MBA level. This full-length volume encompasses only macroeconomics chapters and would typically be used in a semester- or quarter-long course. Separate volumes of this book titled Principles of Economics (covering both microeconomics and macroeconomics) and Principles of Microeconomics are also available.
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In 1996, he published the first edition of his principles of microeconomics textbook to great acclaim, and it became widely used in colleges around the country. That same year, MS made him wheelchair-bound. The disease forced his retirement from teaching at the University of Colorado at Colorado Springs in 1998. He lost the use of his arms in 2001 and has been quadriplegic ever since.
Tim never let his disease get him down. In fact, he turned back to his love of writing and teaching for inspiration. He obtained a voice-activated computer, recruited a co-author, Libby Rittenberg of Colorado College, and turned his attention to revising his principles of economics book.
Rittenberg and Tregarthen help students to understand how real individuals actually work with economics. In this new textbook, the authors illustrate the practicality and relevance of economics with a variety of new illustrations and insights.
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Principles of Macroeconomics, 2nd edition introduces students to fundamental economic concepts with a focus on current examples, real-world applications, and updated data. Students are encouraged to think like economists, engaging with the material through individual and collaborative Chapter Projects, Group Activities, Reflection Questions, and more.
Second edition enhancements include new material on how the Fed conducts monetary policy post-Great Recession and updated content about the impacts of the COVID-19 pandemic on the global economy. The appendix includes a mathematics review section to target skill gaps in topics such as graphing, equation solving, and area calculations.
Principles of Macroeconomics is designed to provide students with a comprehensive understanding of core economic concepts, equipping them to think critically about the implications of these theories and principles both within a global framework and in their own lives.
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* The estimated amount of time this product will be on the market is based on a number of factors, including faculty input to instructional design and the prior revision cycle and updates to academic research-which typically results in a revision cycle ranging from every two to four years for this product. Pricing subject to change at any time.
Principles of Macroeconomics focuses on seven core principles to produce economic naturalists through active learning. By eliminating overwhelming detail and focusing on core principles, students from all backgrounds are able to gain a deeper understanding of economics. Focused on helping students become "economic naturalists," people who employ basic economic principles to understand and explain what they observe in the world around them. COVID-19 pandemic content, analysis, and examples further engage students.
With engaging questions, explanations, exercises and videos, the authors help students relate economic principles to a host of everyday experiences such as going to the ATM or purchasing airline tickets. Throughout this process, the authors encourage students to become "economic naturalists." Author developed Learning Glass concept overview videos and Worked Problem videos give students an overview of challenging and important concepts.
With new videos and engagement tools in Connect, like Application-Based Activities, alongside SmartBook's adaptive reading experience, the 8th edition enables instructors to spend class time engaging, facilitating, and answering questions instead of lecturing on the basics.
2022 Nobel Prize winner, Professor Bernanke received his B.A. in economics from Harvard University in 1975 and his Ph.D. in economics from MIT in 1979. He taught at the Stanford Graduate School of Business from 1979 to 1985 and moved to Princeton University in 1985, where he was named the Howard Harrison and Gabrielle Snyder Beck Professor of Economics and Public Affairs where he served as chair of the Economics Department. Professor Bernanke is currently a Distinguished Fellow in Residence with the Economic Studies Program at the Brookings Institution.
Learn to think as an economist with the market-leading macroeconomics text, Principles of Macroeconomics 5e. Building on the legacy of its international author team, this fifth edition has been adapted for the local market. By focusing on central ideas that shape modern macroeconomic thinking, and interpreting the latest data, this edition offers a truly Australian perspective. The emphasis on currency and real-world relevance grounds the key concepts in relatable examples to help readers see the impact of past and present events on Australian and global economic landscapes.
This text lays out the principles of macroeconomics in a manner that is thorough, up to date, and relevant to students. Like its counterpart, Microeconomics in Context, the book is uniquely attuned to economic realities. The Fourth Edition of Macroeconomics in Context delivers updated material on labor markets, recession and inflation, the global economy, deficits and debt, and global climate change. The text also covers the critical topics of economic and social inequality, financial instability, ecological sustainability, the quality of employment, the role of unpaid work, and the adequacy of living standards.
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Preview the Fourth Edition
The new edition has been extensively revised and refreshed in response to new macroeconomic developments. In addition to updating data in the text, tables, and figures, several new references have been added to include the most recent research and policy debates. A special focus in this edition is on the economic and social impacts of the pandemic. New material includes discussion on cryptocurrencies, global supply chains, emerging debt crisis in developing countries, and recent challenges related to inflation, global inequality, and environmental sustainability. A brief summary explains key features of the fourth edition.
Changes in the Third Edition
The Third Edition offers students an excellent guide to macroeconomics by combining real-world relevance with a thorough grounding in multiple economic paradigms. A brief summary explains key features of the third edition.
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