Macroeconomics Private and Public Choice 15th Edition Gwartney Test Bank

Macroeconomics Private and Public Choice 15th Edition Gwartney Test Bank

Product details:

• ISBN-10: 1305176790
• ISBN-13: 9781305176799
• Author: James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

MACROECONOMICS: PRIVATE AND PUBLIC CHOICE, Fifteenth Edition, reflects current economic conditions, enabling students to apply economic concepts to the world around them. The up-to-date text includes analysis and explanation of measures of economic activity in today’s market. It also includes highlights of the recession of 2008-2009, and an in-depth look at the lives and contributions of notable economists. MACROECONOMICS: PRIVATE AND PUBLIC CHOICE dispels common economic myths. The text uses the invisible hand metaphor to explain economic theory, demonstrating how it works to stimulate the economy.

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Part I: THE ECONOMIC WAY OF THINKING.

1. The Economic Approach.

2. Some Tools of the Economist.

Part II: MARKETS AND GOVERNMENT.

3. Demand, Supply, and the Market Process.

4. Supply and Demand: Applications and Extensions.

5. Difficult Cases for the Market, and the Role of Government.

6. The Economics of Political Action.

Part III: CORE MACROECONOMICS.

7. Taking the Nation’s Economic Pulse.

8. Economic Fluctuations, Unemployment, and Inflation.

9. An Introduction to Basic Macroeconomic Markets.

10. Dynamic Change, Economic Fluctuations, and the AD–AS Model.

11. Fiscal Policy: The Keynesian View and the Historical Development of Macroeconomics.

12. Fiscal Policy: Incentives, and Secondary Effects.

13. Money and the Banking System.

14. Modern Macroeconomics and Monetary Policy.

15. Stabilization Policy, Output, and Employment.

16. Creating an Environment for Growth and Prosperity.

17. Institutions, Policies, and Cross-Country Differences in Income and Growth.

Part IV: INTERNATIONAL ECONOMICS.

18. Gaining from International Trade.

19. International Finance and the Foreign Exchange Market.

Part V: APPLYING THE BASICS: SPECIAL TOPICS IN ECONOMICS.

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