Macroeconomics plus MyEconLab in CourseCompass plus eBook Student Access Kit

If your course begins before 8/1/06, click here. Starting in August 2006, this text will come packaged with an access kit for the new easy-to-use format of MyEconLab, which requires no set-up by the professor and offers students book-specific practice, online homework, access to the eBook, and learning resources. (For that ISBN, click here.) Professors who wish to use advanced course management should order the ISBN above to receive the book packaged with MyEconLab in CourseCompass. Macroeconomics offers a novel approach to the principles of economics course based on three pedagogical principles: Ongoing assessment is an essential component of the learning process; Students understand concepts better when they are presented in the context of engaging stories; Students remember more when they connect concepts to what they see or read in the news and what they experience in their every day life. Quality assessment permeates every component of Macroeconomics, the first textbook to offer a class-tested test bank. MyEconLab’s innovative online homework and tutorial system, with its innovative computer-grade graphing exercises, is tightly linked to the text.

Table of Contents:
Part 1: Introduction 1. Economics: The Science of Everyday Life EXAMPLE Registering for Class on the First Day of the Semester 2. Efficiency and Allocation in the Global Economy EXAMPLE  U.S Spending on Military Build-up and Healthcare 3. The American Economy in a Global Setting EXAMPLE  Ups and Downs of Pittsburgh’s Steel Industry 4. Introduction to the Demand and Supply Framework EXAMPLE  Market for Coffee in Burlington, Vermont 5. Elasticity EXAMPLE  Lunchtime Market for Fast Food 6. Market Efficiency and Government Intervention EXAMPLE  Buying a Laptop Computer for College   Part 2: Measuring Macroeconomic Health 7. Unemployment and Employment EXAMPLE  Unemployed College Grad in the San Francisco Job Market   8. Inflation and Prices EXAMPLE  Hyperinflation in Germany During the 1920's   9. GDP and the Business Cycle EXAMPLE Buying American: Toyota Matrix or Ford Focus Part 3: The Aggregate Demand, Aggregate Supply, and Fiscal Policy   10. Aggregate Demand/Aggregate Supply: The Basic Model EXAMPLE Comparison of Macroeconomic Outcomes After the Vietnam War and the Gulf Wars   11. From Short-Run to Long-Run Equilibrium: The Model in Action EXAMPLE Cross-country Comparison of Economies' Performances   12. The Role of Aggregate Demand in the Short-Run EXAMPLE Hollywood's Fascination with the Great Depression   13. Fiscal Policy EXAMPLE "Blame Game Over the Health of the Economy During Presidential Elections   14. The Federal Budget and the National Debt EXAMPLE Spiraling U.S. National Debt Part 4: Money and Monetary Policy 15.  Basics of Money and Banking EXAMPLE  Private Currency in Ithaca, New York   16. Money Creation and Monetary Policy EXAMPLE  Federal Reserve Actions to Stabilize the U.S. Economy in the Wake of 9/11   17.  Money in the Macroeconomy EXAMPLE Federal Reserve Doubles M1 Money Supply   Part 5: Long-Run Economic Health   18. Long-Run Implications of Macroeconomic Policy EXAMPLE  Debate Over Active versus Passive Stabilization Policies in Response to the 2001 Recession   19. Economic Growth EXAMPLE  Comparing the U.S. and Mexican Economies   Part 6: International Trade and Finance   20. International Trade EXAMPLE  Anti-globalization Protesters at the WTO Meeting in Seattle   21. International Finance EXAMPLE  The Argentine Financial Crisi