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Foundations of Macroeconomics: International Edition

Autor Robin Bade, Michael Parkin
en Limba Engleză Paperback – 3 iun 2010
The Foundations of Macroeconomics by Bade/Parkin, fifth edition shines with a well-targeted content adjustment. In-text examples, dynamic chapter openers, and applications contain compelling content and real-world issues.  We elevated MyEconLab (MEL) and integrated the story to ensure that it is a more visual feature. This edition capitalizes on the seamless connection between the text and the e-environment to highlight how the authors’ emphasis on continuous practice is integrated throughout the entire Bade/Parkin learning system.  The fifth edition MyEconLab course and the accompanying print supplements were written in tandem with the textbook.
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Specificații

ISBN-13: 9780132311526
ISBN-10: 0132311526
Pagini: 576
Dimensiuni: 216 x 276 x 18 mm
Greutate: 1.06 kg
Ediția:5
Editura: Pearson Education
Colecția Pearson Education
Locul publicării:Upper Saddle River, United States

Cuprins

1. Getting Stated
2. The U.S. and Global Economies
3. The Economic Problem
4. Demand and Supply
5. GDP: A Measure of Total Prouction and Income
6. Jobs and Unemployment
7.The CPI and Cost of Living
8.  Potential GDP and the Natural Unemployment Rate
9.  Economic Growth
10.  Finance, Saving, and Investment
11.  The Monetary System
12.  Money, Interest, and Inflation
13.  Aggregate Supply and Aggregate Demand
14.  Aggregate Expenditure
15.  The Short-Run Policy Tradeoff
16.  Fiscal Policy
17.  Monetary Policy
18.  International Trade (unique)
19.  International Finance

Notă biografică

Robin Bade was an undergraduate at the University of Queensland, Australia, where she earned degrees in mathematics and economics. After a spell teaching high school math and physics, she enrolled in the PhD program at the Australian National University, from which she graduated in 1970. She has held faculty appointments at the University of Edinburgh in Scotland, at Bond University in Australia, and at the Universities of Manitoba, Toronto, and Western Ontario in Canada. Her research on international capital flows appeared in the International Economic Review and the Economic Record.

Robin first taught the principles of economics course in 1970 and has taught it (alongside intermediate macroeconomics and international trade and finance) most years since then. She developed many of the ideas found in this text while conducting tutorials with her students at the University of Western Ontario.

Michael Parkin studied economics in England and began his university teaching career immediately after graduating with a BA from the University of Leicester. He learned the subject on the job at the University of Essex, England’s most exciting new university of the 9160s, and at the age of 30 became one of the youngest full professors. He is a past president of the Canadian Economics Association and has served on the editorial boards of the American Economic Review and the Journal of Monetary Economics. His research on macroeconomics, monetary economics, and international economics has resulted in more than 160 publications in journals and edited volumes, including the American Economic Review, theJournal of Political Economy, theReview of Economic Studies, theJournal of Monetary Economics, and theJournal of Money, Credit, and Banking. He is the author of the best-selling Addison-Wesley textbook, Economics.

Robin and Michael are a wife-and-husband duo. Their most notable joint research created the Bade-Parkin Index of central bank independence and spawned a vast amount of research on that topic. They don’t claim credit for the independence of the new European Central Bank, but its constitution and the movement toward greater independence of central banks around the world were aided by their pioneering work. They are dedicated to the challenge of explaining economics ever more clearly to an ever-growing body of students.

Caracteristici

  • Focus on core concepts: Each chapter focuses students’ attention on 3—5 key concepts so students understand how the various details fit back into the larger picture.
  • Learn by doing: Foundations of Macroeconomics and its accompanying print and online resources are structured to encourage learning by doing. Within the text, a Checklist-Checkpoint system provides a practice-oriented framework:
    • Checklists begin each chapter to preview the 3—5 key ideas students need to know, and the chapter is broken into discrete sections devoted to each of those ideas.
    • Checkpoints follow each of those sections and provide a full page of practice. Each Checkpoint includes a practice problem with a guided solution and a parallel exercise for the student to try.
    • Chapter Checkpoints end each chapter and include a summary of key points and key terms, as well as additional practice opportunities consisting of problems and exercises, news analysis questions, critical thinking questions, and Web exercises that require students to find data and information online to answer discussion questions.
  • In-text problems, assignable online in MyEconLab: Bade and Parkin are the only economics authors who write their own content in an online assessment platform. For Foundations of Macroeconomics, here are a few examples of what they wrote for Pearson’s online assessment and tutorial system, MyEconLab:
    • Checkpoints in the text are available for students to practice online in MyEconLab. Checkpoint problems appear in study mode where students can work them using tutorial learning aids as needed. Checkpoint exercises are available in a self-test mode so students are encouraged to work them independently before getting feedback.
    • News Analysis Questions are found in the end-of-chapter material and online in MyEconLab. These questions ask students to interpret a news story then answer related questions that apply economic concepts.
    • End-of-chapter problems and exercises are also developed as auto-graded questions in MyEconLab. Instructors can assign end-of-chapter problems online–even problems with graphing, fill-in-the-blank, and numerical entries.
    • Economics in the News is updated every day during the school year by the authors themselves. Each entry provides a summary of the news, a link to the complete story, and discussion questions.
    • Additional learning tools include audio-narrated animations, interactive graphs, customized feedback, and guided solutions.
  • Instructors can encourage students to practicewithout needing to grade by hand–by using MyEconLab.
    • Professors can choose how much time—or how little—they want to spend setting up the course. View a sample of how instructors use MyEconLab here.
    • Computer-graded graphing exercises help students become more comfortable and proficient working with economic graphs and models.
    • Online homework, quizzes, and tests are easy to assign, allowing instructors to build assessments using a mix of MyEconLab-specific problems, Test Bank questions, and questions written by the instructor using the Econ Exercise Builder.
    • A robust gradebook tracks students’ performance on online homework, quizzes, tests, and problems worked in the Study Plan.
  • Supplements are reliable and easy to use because they align with the same Checklist-Checkpoint structure found in the text. A complete suite of instructor supplements is available, including an Instructor’s Manual, a new Solutions Manual, three Test Banks, PowerPoint® lecture slides, and an Instructor’s Resource CD-ROM.
    • Test Bank questions include graphing questions and integrative questions in each chapter.
    • All components of the supplements are organized by Checkpoint topic so students can move easily through the textbook, MyEconLab, and the Study Guide, and instructors can navigate among the textbook, MyEconLab, the PowerPoint lecture slides, the Instructor’s Manual, and the Test Banks.
    • Three separate Test Banks are available, with more than 12,000 multiple-choice, numerical, fill-in-the-blank, short-answer, and essay questions, plus integrative questions that build on material from more than one Checkpoint and more than one chapter.
    • The Test Bank authors also wrote questions for the Study Guide to ensure consistency.
  • News analysis and data-driven problems at the end of each chapter include:
    • News-based end-of-chapter questions that give news summaries and ask students to apply economics to the news.
    • Web exercises that ask students to seek out real data on the web and use it to answer questions.
  • Modern micro and macro topics are presented at an accessible level that uses contemporary examples to tie theory into the real world.

Caracteristici noi

The Foundations of MacroEconomics by Bade/Parkin, fifth edition shines with a well-targeted content adjustment. In-text examples, dynamic chapter openers, and applications contain compelling content and real-world issues.  We elevated MyEconLab (MEL) and integrated the story to ensure that it is a more visual feature. This edition capitalizes on the seamless connection between the text and the e-environment to highlight how the authors’ emphasis on continuous practice is integrated throughout the entire Bade/Parkin learning system.  The fifth edition MyEconLab course and the accompanying print supplements were written in tandem with the textbook.
 
  • Changes to the macro chapters include:
    • Chapter 10:  Renamed “Finance, Saving and Investment,”  We updated the Eye On boxes to address the recent changes on Wall Street.
    • Chapter 11:   "The Monetary System" will now discuss the explosion of the federal balance sheet and the tools that have been introduced to deal with the crisis.
    •  Chapter 12:  "Money, Interest, and Inflation" will now feature new material that will help to explain why the quantity theory of money is not doing a sufficient job in today’s economic climate.
    • Chapter 14:  "Aggregate Expenditure" includes new coverage on the stimulus package and fiscal multipliers.
    • Chapter 16:   "Fiscal Policy," and Chapter 17, "Monetary Policy"  includes several new Eye On applications, with content drawn from the current financial crisis. Chapter 16  also includes material on the Fed’s fiscal policy.
    • Chapter 19, "International Finance" includes additional coverage of the exchange rate, in terms of today’s changing global economic climate.
  • Changes to overall pedagogy include:
    • New! EyeOn box that builds off of the question proposed at the beginning of each chapter. These boxes help students see the economics behind important issues facing our world and highlight a major aspect of the chapter's story.
    • Applications are revised to be even more relevant, modern, and appealing to students.
    • News analysis questions appear in the end-of-chapter problems, giving students a news summary and asking them to apply economic concepts to an issue or event.
  • New content within MyEconLab includes:
    • News analysis questions from the text are assignable in MyEconLab, asking students to read a news story and then answer problems that are numerical, graphing, fill-in—the-blank, and multiple-choice.
    • Problem sets are substantially revised and updated to be even more synchronous with the problems in the text. Checkpoints and end-of-chapter problems in the text more accurately reflect MyEconLab’s question format. End-of-chapter questions and checkpoint problems are available in MyEconLab.