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Arnold's MACROECONOMICS, Concise Edition focuses on core economics topics, allowing instructors to concentrate on the key concepts they most want their students to understand. Presented in an essential 24 chapters, you'll find the same readability, relatable examples, and solid theory that has made Arnold's ECONOMICS a market leader for seven editions. This text has concise and complete coverage of all core economics concepts, including international trade and finance, providing understanding of all the key topics in less time. Arnold also provides streamlined, topical and concise coverage of important (and sometimes challenging) macroeconomics concepts such as money & banking and monetary and fiscal policy. This is the trademark Arnold solid foundation and real-world relevance distilled into concise coverage at an affordable price.
- Concise, Streamlined Content: Concise, easily relatable coverage and a solid theoretical foundation for principles of economics in just 24 chapters.
- Student Focused Macroeconomics Coverage: The Concise edition features three "Major Questions in Macroeconomics" and "Three Macro Organization Categories" to introduce learners to the basic ideas in macroeconomics, and how these issues relate to their lives, right away.
- Engaging Student Pedagogy: Proven features that engage student interest and relate economics to the world as they see it: Economics in Popular Culture, Everyday Life, The World, and Technology.
- "A Reader Asks": This text feature highlights discussion questions students might ask their instructors, if they were not constrained by time or large class sizes.
- "Thinking Like an Economist": This pedagogical element helps learners develop the "economic way of thinking" in brief, digestible margin features. This element helps students relate the text material with their every day lives.
PART 1. ECONOMICS THE SCIENCE OF SCARCITY.
1. What Economics Is About.
Appendix A: Working with Diagrams.
Appendix B: Should You Major in Economics?
2. Economic Activities: Producing and Trading.
3. Supply and Demand: Theory.
PART 2. MACROECONOMIC FUNDAMENTALS
4. Macroeconomic Measurements.
PART 3. MACROECONOMIC STABILITY AND INSTABILITY.
5. Aggregate Demand and Aggregate Supply.
6. The Self-Regulating Economy.
7. Economic Instability: A Critique of the Self-Regulating Economy.
PART 4. MONEY AND BANKING, FISCAL POLICY, MONETARY POLICY.
8. Money, Banking, and the Federal Reserve.
9. Money, the Price Level, and Interest Rates.
10. Monetary Policy and Fiscal Policy.
PART 5. EXPECTATIONS AND GROWTH.
11. Expectations Theory and the Economy.
12. Economic Growth.
THE WORLD ECONOMY.
PART 6. INTERNATIONAL ECONOMICS: THEORY AND POLICY.
13. International Trade and Finance.
Cengage provides a range of supplements that are updated in coordination with the main title selection. For more information about these supplements, contact your Learning Consultant.
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