Principles of Macroeconomics 2e covers the scope and sequence of most introductory …
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:Explain demand, …
By the end of this section, you will be able to:Explain demand, quantity demanded, and the law of demandIdentify a demand curve and a supply curveExplain supply, quantity supplied, and the law of supplyExplain equilibrium, equilibrium price, and equilibrium quantity
By the end of this section, you will be able to:Identify the …
By the end of this section, you will be able to:Identify the demanders and suppliers in a financial marketExplain how interest rates can affect supply and demandAnalyze the economic effects of U.S. debt in terms of domestic financial marketsExplain the role of price ceilings and usury laws in the U.S.
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