000 03444nam a2200361 4500
001 OTLid0000416
003 MnU
005 20201105133324.0
006 m o d s
008 180907s2015 mnu o 0 0 eng d
020 _a
040 _aMnU
_beng
_cMnU
050 4 _aHB171.5
100 1 _aCurtis, Doug
_eauthor
245 0 0 _aMacroeconomics
_bTheory, Models & Policy
_cDoug Curtis
264 2 _bOpen Textbook Library
264 1 _bLyryx
300 _a1 online resource
490 0 _aOpen textbook library.
505 0 _aPart One: Introduction -- 1 Introduction to key ideas -- 2 Theories, models and data -- 3 The classical marketplace - demand and supply -- Part Two: Introduction to Macroeconomics -- 4 Economic activity and performance -- 5 Output, business cycles, growth & employment -- 6 Aggregate expenditure & aggregate demand -- 7 The government sector -- Part Three: Financial Markets & Economic Activity -- 8 Money, banking & money supply -- 9 Financial markets, interest rates, foreign exchange rates & AD -- 10 Central banking and monetary policy -- Part Four: Real GDP, Business Cycles, Policy and Growth -- 11 A traditional AD/ AS model -- 12 An AD/ AS model of the inflation rate and real GDP -- 13 Economic growth -- Part Five: International Macroeconomics and Trade Theory -- 14 International Macroeconomics -- 15 International trade
520 0 _aMacroeconomics: Theory, Markets, and Policy provides complete, concise coverage of introductory macroeconomics theory and policy. It examines the Canadian economy as an economic system, and embeds current Canadian institutions and approaches to monetary policy and fiscal policy within that system. The text observes short-run macroeconomic performance, analysis, and policy motivated by the recessions of the early 1980s and 1990s, the financial crisis and recession of 2008-2009, and the prolonged recovery in most industrial countries.A traditional Aggregate Demand and Supply (AD-AS) model is introduced, and a basic modern AD-AS model is developed. Numerical examples, diagrams, and basic algebra are used in combination to illustrate and explain economic relationships. Students learn about: the importance of trade flows, consumption, and government budgets; money supply; financial asset prices, yields, and interest rates; employment and unemployment; and other key relationships in the economy. Canadian and selected international data are used to provide real world examples and comparisons. This text is intended for a one-semester course, and can be used in a two-semester sequence with the companion text, Microeconomics: Markets, Methods, and Models. The three introductory chapters and the International Trade chapter (Chapter 15) are common to both books. This book has been updated and revised by the publisher. A newer adaptation of this book is called Principles of Macroeconomics.
542 1 _fAttribution-NonCommercial-ShareAlike
546 _aIn English.
588 0 _aDescription based on print resource
650 0 _aEconomics
_vTextbooks
700 1 _aIrvine, Ian
_eauthor
710 2 _aOpen Textbook Library
_edistributor
856 4 0 _uhttps://open.umn.edu/opentextbooks/textbooks/416
_zAccess online version
999 _c19799
_d19799