Looking for engaging content for your economics courses? The Institute for Humane Studies has curated this collection of educational resources to help economics professors enrich their curriculum. Find videos, interactive games, reading lists, and more on everything from opportunity costs to trade policy. This collection is updated frequently with new content, so watch this space!

Principles of Macroeconomics 2e covers the scope and sequence of most introductory economics courses. The text includes many current examples, which are handled in a politically equitable way. The outcome is a balanced approach to the theory and application of economics concepts. The second edition has been thoroughly revised to increase clarity, update data and current event impacts, and incorporate the feedback from many reviewers and adopters.Changes made in Principles of Macroeconomics 2e are described in the preface and the transition guide to help instructors transition to the second edition.

By the end of this section, you will be able to:Differentiate among a floating exchange rate, a soft peg, a hard peg, and a merged currencyIdentify the tradeoffs that come with a floating exchange rate, a soft peg, a hard peg, and a merged currency

By the end of this section you will be able to:Explain how exchange rate shifting influences aggregate demand and supplyExplain how shifting exchange rates also can influence loans and banks

By the end of this section, you will be able to:Analyze whether monetary policy decisions should be made more democraticallyCalculate the velocity of moneyEvaluate the central bank’s influence on inflation, unemployment, asset bubbles, and leverage cyclesCalculate the effects of monetary stimulus

By the end of this section, you will be able to:Explain the structure and organization of the U.S. Federal ReserveDiscuss how central banks impact monetary policy, promote financial stability, and provide banking services