Overview
Main description
McConnell, Brue, and Flynn’s Macroeconomics, Brief Edition comes from the same author team as the market-leading Principles of Macroeconomics textbook. It continues to be innovative while teaching students in a clear, unbiased way. Like the 18th edition, Macroeconomics, Brief Edition has 3 main goals: help the beginning student master the principles essential for understanding the economizing problem, specific economic issues, and the policy alternatives; help the student understand and apply the economic perspective and reason accurately and objectively about economic matters; and promote a lasting student interest in economics and the economy. Although the Brief Edition is a derivative of Macroeconomics 18e, is not a cut-and-paste book that simply eliminates several chapters of Macroeconomics 18e and reorders and renumbers the retained content. Instead, Macroeconomics, Brief Edition is a very concise, highly integrated economics textbook that is distinct in purpose, style, and coverage from Macroeconomics 18e.
Table of contents
PART 1: INTRODUCTION Ch 1 Limits, Alternatives, and Choices (+ Appendix on Graphs)Ch 2 The Market System and the Circular FlowPART 2: PRICE, QUANTITY, and EFFICIENCYCh 3 Demand, Supply and Market Equilibrium (+ Web Appendix on Supply and Demand)Ch 4 Pubic Goods and ExternalitiesPART 3: GDP, GROWTH, AND INSTABILITYCh 5 GDP and Economic GrowthCh 6 Business Cycles, Unemployment, and InflationCh 7 Aggregate Demand and Aggregate SupplyCh 8 Fiscal Policy, Deficits, and DebtPART 4: MONEY, BANKING, AND MONETARY POLICYCh 9 Money and Banking Ch 10 Interest Rates and Monetary PolicyPART 5: LONG-RUN CONSIDERATIONS AND INTERNATIONAL ECONOMICSCh 11 Long Run Aggregate Supply and Aggregate DemandCh 12 International Trade and Exchange Rates
