Macroeconomics: Principles and Applications - Softcover

Hall, Robert Ernest; Lieberman, Marc

9780324019544: Macroeconomics: Principles and Applications

Softcover

ISBN 10: 0324019548 ISBN 13: 9780324019544

Verlag: South-Western, 2000

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A text on basic concepts of macroeconomics, long-run and short-run macroeconomics, money and prices and the macroeconomy, and macroeconomic policy. A final chapter on the stock market and the macroeconomy combines all theory presented. Material is presented in a framework of four "key steps" to understanding the economy, consisting of characterizing markets, identifying goals, finding equilibrium, and changes in market equilibrium. Learning features include chapter summaries, key terms, review questions, problems, exercises, Internet activities, and challenge questions. Hall teaches economics at Stanford University. Lieberman teaches economics at New York University. Annotation c. Book News, Inc., Portland, OR (booknews.com)

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Macroeconomics: Principles and Applications provides a lively, rigorous introduction to basic economic theory and its applications. It has been carefully crafted in terms of both content and supporting pedagogy to keep students focused on learning and applying the central ideas used in economic analysis. Its objective is to be a study tool for students and a complement to, rather than a substitute for the instructor. Pedagogy and applications are designed to maintain a focus on the fundamentals while allowing instructors the flexibility to bring in additional material as they choose. In-text Internet links and a dedicated Web site provide opportunities and exercises for students to access and analyze additional real-world economic applications. This text is available in combined micro/macro hardcover and in softcover split versions.