The Macro Economy Today, 13th Edition

Clear. Current. Connected to Today’s Student. Schiller, The Macro Economy Today, 13e, is noted for three great strengths: readability, policy orientation, and pedagogy. The accessible writing style engages students and brings some of the excitement of domestic and global economic news into the classroom. Schiller emphasizes how policymakers must choose between government intervention and market reliance to resolve the core issues of what, how, and for whom to produce. This strategic choice is highlighted throughout the full range of micro, macro, and international issues, and every chapter ends with a policy issue that emphasizes the markets vs. government dilemma. The authors teach economics in a relevant context, filling chapters with the real facts and applications of economic life. Schiller is also the only principles text that presents all macro theory in the single consistent context of the AS/AD framework.

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Table of Contents

PART 1: THE ECONOMIC CHALLENGE
CHAPTER 1: ECONOMICS: THE CORE ISSUES
CHAPTER 2: THE U.S. ECONOMY: A GLOBAL VIEW
CHAPTER 3: SUPPLY AND DEMAND
CHAPTER 4: THE ROLE OF GOVERNMENT

PART 2: MEASURING MACRO OUTCOMES
CHAPTER 5: NATIONAL-INCOME ACCOUNTING
CHAPTER 6: UNEMPLOYMENT
CHAPTER 7: INFLATION

PART 3: CYCLICAL INSTABILITY
CHAPTER 8: THE BUSINESS CYCLE
CHAPTER 9: AGGREGATE DEMAND
CHAPTER 10: SELF-ADJUSTMENT OR INSTABILITY?

PART 4: FISCAL POLICY TOOLS
CHAPTER 11: FISCAL POLICY
CHAPTER 12: DEFICITS AND DEBT

PART 5: MONETARY POLICY OPTIONS
CHAPTER 13: MONEY AND BANKS
CHAPTER 14: THE FEDERAL RESERVE SYSTEM
CHAPTER 15: MONETARY POLICY

PART 6: SUPPLY-SIDE OPTIONS
CHAPTER 16: SUPPLY-SIDE POLICY: SHORT-RUN OPTIONS
CHAPTER 17: GROWTH AND PRODUCTIVITY: LONG-RUN POSSIBILITIES

PART 7: POLICY CONSTRAINTS
CHAPTER 18: THEORY VERSUS REALITY

PART 8: INTERNATIONAL ECONOMICS
CHAPTER 19: INTERNATIONAL TRADE
CHAPTER 20: INTERNATIONAL FINANCE
CHAPTER 21: GLOBAL POVERTY