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The full text downloaded to your computer With eBooks you can: search for key concepts, words and phrases make highlights and notes as you study share your notes with friends eBooks are downloaded to your computer and accessible either offline through the Bookshelf (available as a free download), available online and also via the iPad and Android apps. Upon purchase, you'll gain instant access to this eBook. Time limit The eBooks products do not have an expiry date. You will continue to access your digital ebook products whilst you have your Bookshelf installed. Demonstrating a balanced treatment of both classical and Keynesian economics, Macroeconomics presents macroeconomic theory in a big-picture way. Comprehensive coverage makes it easy for instructors to align chapters to fit their own syllabi, and the text helps instructors prepare students to analyse real macroeconomic data used by policy makers and researchers. This text uses a unified approach based on a single economics model that provides students with a clear understanding of macroeconomics and its classical and Keynesian assumptions. The 9th Edition features new applications, boxes, and problems throughout and reflects recent events and developments in the field in light of recent crises in the United States and Europe.

Macroeconomics, Global Edition

• Title Page


• Copyright Page


• About the Authors


• Brief Contents


• Detailed Contents


• Preface


• Chapter 1: Introduction to Macroeconomics


• 1.1 What Macroeconomics is About


• Long-Run Economic Growth


• Business Cycles


• Unemployment


• Inflation


• The International Economy


• Macroeconomic Policy


• Aggregation


• 1.2 What Macroeconomists Do


• Macroeconomic Forecasting


• Macroeconomic Analysis


• Macroeconomic Research


• Data Development


• In Touch with Data and Research: Developing and Testing an Economic Theory


• 1.3 Why Macroeconomists Disagree


• Classicals Versus Keynesians


• A Unified Approach to Macroeconomics


• Chapter 2: The Measurement and Structure of the National Economy


• 2.1 National Income Accounting: The Measurement of Production, Income, and Expenditure


• In Touch with Data and Research: The National Income and Product Accounts in Malaysia


• Why the Three Approaches are Equivalent


• 2.2 Gross Domestic Product


• The Product Approach to Measuring GDP


• In Touch with Data and Research: Natural Resources, the Environment, and the National Income Account


• The Expenditure Approach to Measuring GDP


• The Income Approach to Measuring GDP


• 2.3 Saving and Wealth


• Measures of Aggregate Saving


• The Uses of Private Saving


• Relating Saving and Wealth


• 2.4 Real GDP, Price Indexes, and Inflation


• Real GDP


• Price Indexes


• In Touch with Data and Research: The Computer Revolution and Chain-Weighted GDP


• In Touch with Data and Research: CPI Inflation Versus Core Inflation


• 2.5 Interest Rates


• Chapter 3: Productivity, Output, and Employment