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One of the challenges of teaching Principles of Macroeconomics is fostering interest in concepts that may not seem applicable to students’ lives. Macroeconomics, Fifth Edition makes economics relevant by demonstrating how real businesses use economics to make decisions every day. Regardless of their future career path–opening an art studio, trading on Wall Street, or bartending at the local pub–students will benefit from understanding the economic forces behind their work.
Language: English
ISBN-10: 0133455491
ISBN-13: 978-0133455496
ISBN-13: 9780133455496
Author: R.Glenn Hubbard, Anthony P.O’Brien
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Test Bank for Macroeconomics 5th Edition Hubbard O Brien 0133455491 9780133455496
Table of Content:
1. Economics: Foundations and Models
2. Trade-offs, Comparative Advantage, and the Market System
3. Where Prices Come From: The Interaction of Demand and Supply
4. Economic Efficiency, Government Price Setting, and Taxes
5. The Economics of Health Care
6. Firms, the Stock Market, and Corporate Governance
7. Comparative Advantage and the Gains from International Trade
8. GDP: Measuring Total Production and Income
9. Unemployment and Inflation
10. Economic Growth, the Financial System, and Business Cycles
11. Long-Run Economic Growth: Sources and Policies
12. Aggregate Expenditure and Output in the Short Run
13. Aggregate Demand and Aggregate Supply Analysis
14. Money, Banks, and the Federal Reserve System
15. Monetary Policy
16. Fiscal Policy
17. Inflation, Unemployment, and Federal Reserve Policy
18. Macroeconomics in an Open Economy
19. The International Financial System
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