Macroeconomics – Michael Parkin – 10th Edition


Parkin’s Macroeconomics is a worldwide leader because it provides a serious, analytical approach to the discipline using the latest policy and data. Parkin trains students to think like economists by offering a clear introduction to theory and applying the concepts to today’s events, news, and research.

From our global food shortage to global warming, economic issues permeate our everyday lives. Parkin brings critical issues to the forefront. Each chapter begins with one of today’s key issues, and additional issues appear throughout the chapter to show the real-world applications of the theory being discussed. When the chapter concludes, students “read between the lines” to think critically about a news article relating to the issue, demonstrating how thinking like an economist helps make informed decisions.

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  • 1. What is Economics
    2. The Economic Problem
    3. Demand and Supply
    4. Elasticity
    5. Efficiency and Equity
    6. Government Actions in Markets
    7. Global Markets in Action
    8. Utility and Demand
    9. Possibilities, Preferences, and Choices
    10. Organizing Production
    11. Output and Costs
    12. Perfect Competition
    13. Monopoly
    14. Monopolistic Competition
    15. Oligopoly
    16. Public Choices and Public Goods
    17. Economics of the Environment
    18. Markets for Factors of Production
    19. Economic Inequality
    20. Uncertainty and Information
    21. Measuring GDP and Economic Growth
    22. Monitoring Jobs and Inflation
    23. Economic Growth
    24. Finance, Saving, and Investment
    25. Money, the Price Level, and Inflation
    26. The Exchange Rate and the Balance of Payments
    27. Aggregate Supply and Aggregate Demand
    28. Expenditure Multipliers: The Keynesian Model
    29. U.S. Inflation, Unemployment, and Business Cycle
    30. Fiscal Policy
    31. Monetary Policy
  • Citation

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