Macroeconomics A Contemporary Introduction 11th Edition McEachern Test Bank

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  • ISBN-10 ‏ : ‎ 1305505492
  • ISBN-13 ‏ : ‎ 978-1305505490
  • Author:   William A. McEachern

Now you can “teach by example” with the unique approach to economics found only in McEachern’s acclaimed MACROECONOMICS: A CONTEMPORARY INTRODUCTION, 11E. The text uses examples and illustrations that your students will recognize when they show up for class the first day, because they already have at least 17 years of personal experience with economic choices, institutions, and events. This book truly leads by example, taking a “just-in-time” approach that introduces material just as it is needed to develop an argument. Clear and interesting exposition combines with case studies, recent research findings, and a focused design. Relevant case studies are integrated into the flow of each chapter. Each chapter includes a one-page case study in the printed book as well as a second case study online. The book’s well-crafted approach is enhanced with resources, such as Aplia and MindTap, that help improve student understanding and help you streamline tasks and save valuable time.

 

Table of Content:

  1. Ch 1: The Art and Science of Economic Analysis
  2. 1-1: The Economic Problem: Scarce Resources, Unlimited Wants
  3. 1-2: The Art of Economic Analysis
  4. 1-3: The Science of Economic Analysis
  5. 1-4: Conclusion
  6. Summary
  7. Key Concepts
  8. Questions for Review
  9. Problems and Exercises
  10. Appendix: Understanding Graphs
  11. Ch 2: Economic Tools and Economic Systems
  12. 2-1: Choice and Opportunity Cost
  13. 2-2: Comparative Advantage, Specialization, and Exchange
  14. 2-3: The Economy’s Production Possibilities
  15. 2-4: Economic Systems
  16. 2-5: Conclusion
  17. Summary
  18. Key Concepts
  19. Questions for Review
  20. Problems and Exercises
  21. Ch 3: Economic Decision Makers
  22. 3-1: The Household
  23. 3-2: The Firm
  24. 3-3: The Government
  25. 3-4: The Rest of the World
  26. 3-5: Conclusion
  27. Summary
  28. Key Concepts
  29. Questions for Review
  30. Problems and Exercises
  31. Ch 4: Demand, Supply, and Markets
  32. 4-1: Demand
  33. 4-2: What Shifts a Demand Curve?
  34. 4-3: Supply
  35. 4-4: What Shifts a Supply Curve?
  36. 4-5: Demand and Supply Create a Market
  37. 4-6: Changes in Equilibrium Price and Quantity
  38. 4-7: Disequilibrium
  39. 4-8: Conclusion
  40. Summary
  41. Key Concepts
  42. Questions for Review
  43. Problems and Exercises
  44. Ch 5: Introduction to Macroeconomics
  45. 5-1: The National Economy
  46. 5-2: Economic Fluctuations and Growth
  47. 5-3: Aggregate Demand and Aggregate Supply
  48. 5-4: A Brief History of the U.S. Economy
  49. 5-5: Conclusion
  50. Summary
  51. Key Concepts
  52. Questions for Review
  53. Problems and Exercises
  54. Ch 6: Tracking the U.S. Economy
  55. 6-1: The Product of a Nation
  56. 6-2: Circular Flow of Income and Expenditure
  57. 6-3: Limitations of National Income Accounting
  58. 6-4: Accounting for Price Changes
  59. 6-5: Conclusion
  60. Summary
  61. Key Concepts
  62. Questions for Review
  63. Problems and Exercises
  64. Appendix: National Income Accounts
  65. Ch 7: Unemployment and Inflation
  66. 7-1: Unemployment: Its Measure and Sources
  67. 7-2: Other Unemployment Issues
  68. 7-3: Inflation: Its Measure and Sources
  69. 7-4: Effects of Inflation
  70. 7-5: Conclusion
  71. Summary
  72. Key Concepts
  73. Questions for Review
  74. Problems and Exercises
  75. Ch 8: Productivity and Growth
  76. 8-1: Theory of Productivity and Growth
  77. 8-2: Productivity and Growth in Practice
  78. 8-3: Other Issues of Technology and Growth
  79. 8-4: Conclusion
  80. Summary
  81. Key Concepts
  82. Questions for Review
  83. Problems and Exercises
  84. Ch 9: Aggregate Demand
  85. 9-1: Consumption
  86. 9-2: Nonincome Determinants of Consumption
  87. 9-3: Other Spending Components
  88. 9-4: Aggregate Expenditure and Income
  89. 9-5: The Simple Spending Multiplier
  90. 9-6: The Aggregate Demand Curve
  91. 9-7: Conclusion
  92. Summary
  93. Key Concepts
  94. Questions for Review
  95. Problems and Exercises
  96. Ch 10: Aggregate Supply
  97. 10-1: Aggregate Supply in the Short Run
  98. 10-2: From the Short Run to the Long Run
  99. 10-3: Aggregate Supply in the Long Run
  100. 10-4: Changes in Aggregate Supply
  101. 10-5: Conclusion
  102. Summary
  103. Key Concepts
  104. Questions for Review
  105. Problems and Exercises
  106. Ch 11: Fiscal Policy
  107. 11-1: Theory of Fiscal Policy
  108. 11-2: Fiscal Policy Up to the Stagflation of the 1970s
  109. 11-3: Limits on Fiscal Policy’s Effectiveness
  110. 11-4: Fiscal Policy from 1980 to 2007
  111. 11-5: Fiscal Policy during and after the Great Recession
  112. 11-6: Conclusion
  113. Summary
  114. Key Concepts
  115. Questions for Review
  116. Problems and Exercises
  117. Appendix: Demand-Side Effects of Government Purchases and Net Taxes
  118. Ch 12: Federal Budgets and Public Policy
  119. 12-1: The Federal Budget Process
  120. 12-2: Fiscal Impact of the Federal Budget
  121. 12-3: The National Debt in Perspective
  122. 12-4: Federal Debt and the Economy
  123. 12-5: Conclusion
  124. Summary
  125. Key Concepts
  126. Questions for Review
  127. Problems and Exercises
  128. Ch 13: Money and the Financial System
  129. 13-1: The Birth of Money
  130. 13-2: Money and Banking
  131. 13-3: Financial Institutions in the United States
  132. 13-4: Banking during and after the Great Recession of 2007-2009
  133. 13-5: Conclusion
  134. Summary
  135. Key Concepts
  136. Questions for Review
  137. Problems and Exercises
  138. Ch 14: Banking and the Money Supply
  139. 14-1: Money Aggregates
  140. 14-2: How Banks Work
  141. 14-3: How Banks Create Money
  142. 14-4: The Fed’s Tools of Monetary Control
  143. 14-5: Conclusion
  144. Summary
  145. Key Concepts
  146. Questions for Review
  147. Problems and Exercises
  148. Ch 15: Monetary Theory and Policy
  149. 15-1: The Demand and Supply of Money
  150. 15-2: Money and Aggregate Demand in the Short Run
  151. 15-3: Money and Aggregate Demand in the Long Run
  152. 15-4: Targets for Monetary Policy
  153. 15-5: Conclusion
  154. Summary
  155. Key Concepts
  156. Questions for Review
  157. Problems and Exercises
  158. Ch 16: Macro Policy Debate: Active or Passive?
  159. 16-1: Active Policy versus Passive Policy
  160. 16-2: The Role of Expectations
  161. 16-3: Policy Rules versus Discretion
  162. 16-4: The Phillips Curve
  163. 16-5: Conclusion
  164. Summary
  165. Key Concepts
  166. Questions for Review
  167. Problems and Exercises
  168. Ch 17: International Trade
  169. 17-1: The Gains from Trade
  170. 17-2: Trade Restrictions and Welfare Loss
  171. 17-3: Efforts to Reduce Trade Barriers
  172. 17-4: Arguments for Trade Restrictions
  173. 17-5: Conclusion
  174. Summary
  175. Key Concepts
  176. Questions for Review
  177. Problems and Exercises
  178. Ch 18: International Finance
  179. 18-1: Balance of Payments
  180. 18-2: Foreign Exchange Rates and Markets
  181. 18-3: Other Factors Influencing Foreign Exchange Markets
  182. 18-4: International Monetary System
  183. 18-5: Conclusion
  184. Summary
  185. Key Concepts
  186. Questions for Review
  187. Problems and Exercises
  188. Ch 19: Economic Development
  189. 19-1: Worlds Apart
  190. 19-2: Productivity: Key to Development
  191. 19-3: International Trade and Development
  192. 19-4: Foreign Aid and Economic Development
  193. 19-5: Conclusion
  194. Summary
  195. Key Concepts
  196. Questions for Review
  197. Problems and Exercises
  198. Glossary
  199. Index

 

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