Macroeconomics
by Paul Krugman, Robin Wells
6th Edition
Publisher: Worth Publishers
Book Details
| Print ISBN | 9781319245269 |
| eText ISBN | 9781319320164 |
| Publisher | Worth Publishers |
| Publishing Year | 2021 |
| Edition | 6th Edition |
| Language | English |
Macroeconomics, 6th Edition, is a textbook designed to explain how core economic concepts play out in the surrounding world. The volume combines a signature storytelling style with the analysis of current issues and events to help readers explore foundational economic principles and models.
The book introduces macroeconomic measurement, explaining how economists track national output, employment, and overall price levels. Coverage then expands to address the mechanics of long-run growth, short-run economic fluctuations, stabilization policies, and international trade.
Widely used across colleges and universities in the United States, this edition incorporates analysis of the economic disruptions and public policy responses associated with the coronavirus pandemic.
Table of Contents
Chapter Introduction: An Engine for Growth and Discovery
Chapter 1: First Principles
Chapter 2: Economic Models: Trade-offs and Trade
- • Appendix: Graphs in Economics
Chapter 3: Supply and Demand
Chapter 4: Price Controls and Quotas: Meddling with Markets
Chapter 5: International Trade
Chapter 6: Macroeconomics: The Big Picture
Chapter 7: GDP and the CPI: Tracking the Macroeconomy
Chapter 8: Unemployment and Inflation
Chapter 9: Long-Run Economic Growth
Chapter 10: Savings, Investment Spending, and the Financial System
Chapter 11: Income and Expenditure
- • Appendix Deriving the Multiplier Algebraically
Chapter 12: Aggregate Demand and Aggregate Supply
Chapter 13: Fiscal Policy
- • Appendix Taxes and the Multiplier
Chapter 14: Money, Banking, and the Federal Reserve System
Chapter 15: Monetary Policy
- • Appendix Reconciling the Two Models of the Interest Rate
Chapter 16: Inflation, Disinflation, and Deflation
Chapter 17: Macroeconomics: Events and Ideas
Chapter 18: International Macroeconomics
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