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This is the third edition of the highly successful and well-regarded Australian adaptation by Nilss Olekalns of Bernanke & Frank's Principles of Macroeconomics. The authors take a rigorous, theoretical approach that is nonetheless easy to follow and logical! It is full of practical examples and in-chapter exercises that allow students to check their understanding of the important concepts as they work through the chapter. Background Briefing and Thinking as an Economist vignettes contextualise economic theory in the 'real world', and current data presents students with a snapshot of the economy as it is right now. This edition has been streamlined in response to market feedback: the chapters on competitive advantage and the open economy have been merged into a single chapter and the chapter that covers all the important elements of introductory macroeconomics is now online. Coverage of the Global Financial Crisis has also been integrated throughout this edition. This text is for first-year students of economics or those taking it as a first subject in macroeconomics.
This undergraduate economics text combines theoretical principles with real-world events, and uses examples from journals and newspapers to complement its real-world focus. The text is developed around the central theme of government versus market reliance, and integrates coverage of the Keynesian framework model into the AS/AD framework. There are chapters on short-run determinants and m=long-run possibilities for productivity and growth. Numerous examples from the Cuban economy are used to highlight the problems of communism and to outline a pending transition.
OVERVIEW McConnell, Brue, and Flynn's Macroeconomics: Principles, Problems, and Policies is the #1 Principles of Economics textbook in the world. It continues to be innovative while teaching students in a clear, unbiased way. The 19th Edition builds upon the tradition of leadership by sticking to 3 main goals: Help the beginning student master the principles essential for understanding the economizing problem, specific economic issues, and the policy alternatives; help the student understand and apply the economic perspective and reason accurately and objectively about economic matters; and promote a lasting student interest in economics and the economy. GLOBAL EDITION Reorganized chapters to move international economics topics closer to the front of the book, including adding a web chapter into the physical textbook. New globally-focused data throughout the text and figures to illustrate topics such as debt-to-GDP ratio, components of the money supply, and unemployment rates in industrial nations. Updated discussion of exchange rates to focus on the euro and euro-area countries. Revised end-of-chapter material highlighting Asian, African, Central American, and European examples. Special Global Edition of Connect Plus, McGraw-Hill's web-based assignment and assessment platform with eBook access, which helps students learn faster, study more efficiently, and retain more knowledge.
An innovative approach to measuring inequality providing the first full integration of distributional and macro level data for the US.