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Macroeconomics / Michael Parkin

By: Parkin, Michael, 1939-Material type: TextTextLanguage: English Publisher: New Delhi : Pearson, ©2010Edition: Global edDescription: xxxii, 404, [20] pages : color illustrations ; 26 cmISBN: 9781292263489Subject(s): Macroeconomics | Macroeconomics -- Problems, exercises, etc | Economic geographyDDC classification: 339
Contents:
Introduction -- What Is Economics? -- The Economic Problem. -- Demand and Supply. -- Monitoring macroeconomic trends and fluctuations -- Measuring GDP and economic growth -- Monitoring jobs and inflation -- Macroeconomic trends -- Economic growth -- Finance, saving, and inflation -- The exchange rate and balance of payments -- Macroeconomic fluctuations -- Aggregate supply and aggregate demand -- Expenditure multipliers: The Keynesian model -- U.S. Inflation, unemployment, and business cycle -- Macroeconomic policy -- Fiscal policy -- Monetary policy -- International trade policy.
Summary: "To change the way students see the world: this is my goal in teaching economics and in writing this book. Three facts about students are my guiding principles. First, they want to learn, but they are over-whelmed by the volume of claims on their time and energy. So, they must see the relevance to their lives and future careers of what they are being asked to learn. Second, students want to get it, and get it quickly. So, they must be presented with clear and succinct explanations. And third, students want to make sense of today's world and be better prepared for life after school. So, they must be shown how to apply the timeless principles of economics and its models to illuminate and provide a guide to understanding today's events and issues, and the future challenges they are likely to encounter. The organization of this text arises directly from these guiding principles"--
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Books Institute of Public Enterprise, Library
S Campus 		339 PAR (Browse shelf) Checked out 03/07/2023 46137

Revised edition of the author's Macroeconomics.

Includes index.

Introduction --
What Is Economics? --
The Economic Problem. --
Demand and Supply. --
Monitoring macroeconomic trends and fluctuations --
Measuring GDP and economic growth --
Monitoring jobs and inflation --
Macroeconomic trends --
Economic growth --
Finance, saving, and inflation --
The exchange rate and balance of payments --
Macroeconomic fluctuations --
Aggregate supply and aggregate demand --
Expenditure multipliers: The Keynesian model --
U.S. Inflation, unemployment, and business cycle --
Macroeconomic policy --
Fiscal policy --
Monetary policy --
International trade policy.

"To change the way students see the world: this is my goal in teaching economics and in writing this book. Three facts about students are my guiding principles. First, they want to learn, but they are over-whelmed by the volume of claims on their time and energy. So, they must see the relevance to their lives and future careers of what they are being asked to learn. Second, students want to get it, and get it quickly. So, they must be presented with clear and succinct explanations. And third, students want to make sense of today's world and be better prepared for life after school. So, they must be shown how to apply the timeless principles of economics and its models to illuminate and provide a guide to understanding today's events and issues, and the future challenges they are likely to encounter. The organization of this text arises directly from these guiding principles"--

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