Authors James D. Gwartney, Richard L. Stroup, Russell S. Sobel, and David Macpherson, believe that a course on principles of economics should focus on the power and relevance of the economic way of thinking. It is this belief and corresponding writing approach that has made Macroeconomics: Private and Public Choice one of South Western Thomson Learning's most solid and enduring texts. Throughout this text, the authors integrate applications and real-world data in an effort to make the basic concepts of economics come alive for the reader.
Principles of Microeconomics 2e (2nd edition) covers the scope and sequence of most introductory microeconomics courses. The text includes many current examples, which are handled in a politically equitable way.
This book also explains the role of the government in guiding the economy along the path of stable prices, low unemployment, sustainable growth, and planned development through many India-centric examples.
This book, born out of the Masters course the authors taught for many years at the Harvard Kennedy School, fills this gap.
This text offers business school students an excellent practical explanation of the short-term linkages in the macroeconomic arena.
And in this task they have succeeded."—Clifford W. Smith, Jr., Journal of Finance "This is a superb book.
Read this book from start to finish for a complete overview of macroeconomics, or use it as a reference when you’re confronted with specific challenges, like the need to make sense of monetary policy or to read a balance of payments ...
Macroeconomics
Since more output requires more labour input, the output multiplier implies an employment multiplier (Kahn, 1931). Hence an increase in autonomous spending raises output and employment. Starting from a position of less than full ...
Like its counterpart, Microeconomics in Context, the book is attuned to economic realities--and it has a bargain price.
Friedman, M., The Optimum Quantity of Money, in Milton Friedman, The Optimum Quantity of Money and Other Essays, Chapter 1. Aldine Publishing Company, Chicago, 1969. This would be a reversal of hard-won progress away from fiscal ...