- Subject:
- Social Science, Economics
- Material Type:
- Full Course
- Level:
- Community College / Lower Division, College / Upper Division
- Provider:
- Rice University
- Provider Set:
- OpenStax College
- Tags:
- License:
- Creative Commons Attribution
- Language:
- English
- Media Formats:
- Text/HTML
Principles of Macroeconomics 2e
Principles of Macroeconomics 2e covers the scope and sequence of most introductory economics courses. The text includes many current examples, which are handled in a politically equitable way. The outcome is a balanced approach to the theory and application of economics concepts. The second edition has been thoroughly revised to increase clarity, update data and current event impacts, and incorporate the feedback from many reviewers and adopters.
Changes made in Principles of Macroeconomics 2e are described in the preface and the transition guide to help instructors transition to the second edition.
Unit 1
Welcome to Economics!
Unit 2
Choice in a World of Scarcity
Unit 3
Demand and Supply
Lesson 5
Price Ceilings and Price FloorsLesson 6
Demand, Supply, and Efficiency
Unit 4
Labor and Financial Markets
Unit 5
Elasticity
Unit 6
The Macroeconomic Perspective
Unit 7
Economic Growth
Unit 8
Unemployment
Unit 9
Inflation
Unit 10
The International Trade and Capital Flows
Lesson 2
Measuring Trade Balances
Unit 11
The Aggregate Demand/Aggregate Supply Model
Lesson 4
Shifts in Aggregate SupplyLesson 5
Shifts in Aggregate Demand
Unit 12
The Keynesian Perspective
Unit 13
The Neoclassical Perspective
Unit 14
Money and Banking
Lesson 2
Defining Money by Its FunctionsLesson 4
The Role of BanksLesson 5
How Banks Create Money
Unit 15
Monetary Policy and Bank Regulation
Unit 16
Exchange Rates and International Capital Flows
Unit 17
Government Budgets and Fiscal Policy
Lesson 2
Government SpendingLesson 3
TaxationLesson 6
Automatic Stabilizers
Unit 18
The Impacts of Government Borrowing
Unit 19
Macroeconomic Policy Around the World
Lesson 6
Balance of Trade Concerns
Unit 20
International Trade
Unit 21
Globalization and Protectionism
Lesson 6
The Tradeoffs of Trade Policy
Unit 22
The Use of Mathematics in Principles of Economics
Unit 23
The Expenditure-Output Model
Lesson 1
The Expenditure-Output Model