Original Release Date: December 2022. Printed in black & white.Principles of Macroeconomics 3e covers the scope and sequence of most one-semester introductory macroeconomics courses. The third edition takes a balanced approach to the theory and application of macroeconomics concepts. The text uses conversational language and ample illustrations to explore economic theories and provides a wide array of examples using both fictional and real-world scenarios. The third edition has been carefully and thoroughly updated to reflect current data and understanding, as well as to provide a deeper background in diverse contributors and their impacts on economic thought and analysis. For example, the third edition highlights the research and views of a broader group of economists. Brief references and deeply explored socio-political examples have also been updated to showcase the critical - and sometimes unnoticed - ties between economic developments and topics relevant to students.A fuller list of changes made in Principles of Macroeconomics 3e are described in the preface.Table of ContentsChapter 1: Welcome to Economics!Chapter 2: Choice in a World of ScarcityChapter 3: Demand and SupplyChapter 4: Labor and Financial MarketsChapter 5: ElasticityChapter 6: The Macroeconomic PerspectiveChapter 7: Economic GrowthChapter 8: UnemploymentChapter 9: InflationChapter 10: The International Trade and Capital FlowsChapter 11: The Aggregate Demand/Aggregate Supply ModelChapter 12: The Keynesian PerspectiveChapter 13: The Neoclassical PerspectiveChapter 14: Money and BankingChapter 15: Monetary Policy and Bank RegulationChapter 16: Exchange Rates and International Capital FlowsChapter 17: Government Budgets and Fiscal PolicyChapter 18: The Impacts of Government BorrowingChapter 19: Macroeconomic Policy Around the WorldChapter 20: International TradeChapter 21: Globalization and Protectionism
