ISE The Macro Economy Today (15th Edition)

Description

The Macro Economy Today is noted for three great strengths: readability, policy orientation, and effective pedagogy. The accessible writing style engages students and brings the excitement of domestic and global economic news into the classroom.

Schiller emphasizes how policymakers must choose between government intervention and market reliance to resolve the core issues of what, how, and for whom to produce. These strategic trade offs are highlighted throughout the full range of micro and international issues, and every chapter ends with a policy issue that emphasizes the markets vs. government dilemma.

The authors teach economics in a relevant context, filling chapters with the real facts and applications of economic life. Schiller is also the only principles text that presents all macro theory in the single consistent context of the AS/AD framework and uniquely features a full supply-side economics chapter.

The Macro Economy Today, 15th edition, is thoroughly integrated with adaptive digital tools and dynamic interactive resources available in Connect — proven to increase student engagement and success.

Table of Contents

1. Part One: The Economic Challenge
   1. Chapter 1: Economics: The Core Issues
   2. Appendix: Using Graphs
   3. Chapter 2: The U.S. Economy: A Global View
   4. Chapter 3: Supply and Demand
   5. Chapter 4: The Role of Government
      
2. Part Two: Measuring Macro Outcomes
   1. Chapter 5: National Income Accounting
   2. Chapter 6: Unemployment
   3. Chapter 7: Inflation
      
3. Part Three: Cyclical Instability
   1. Chapter 8: The Business Cycle
   2. Chapter 9: Aggregate Demand
   3. Appendix: The Keynesian Cross
   4. Chapter 10: Self-Adjustment or Instability?
      
4. Part Four: Fiscal Policy Tools
   1. Chapter 11: Fiscal Policy
   2. Chapter 12: Deficits and Debt
      
5. Part Five: Monetary Policy Options
   1. Chapter 13: Money and Banks
   2. Chapter 14: The Federal Reserve System
   3. Chapter 15: Monetary Policy
      
6. Part Six: Supply-Side Options
   1. Chapter 16: Supply-Side Policy: Short-Run Options
   2. Chapter 17: Growth and Productivity: Long-Run Possibilities
      
7. Part Seven: Policy Constraints
   1. Chapter 18: Theory Versus Reality
      
8. Part Eight: International Economics
   1. Chapter 19: International Trade
   2. Chapter 20: International Finance
   3. Chapter 21: Global Poverty