Cart
Free US shipping over $10
Proud to be B-Corp

Principles of Macroeconomics Robert Frank

Principles of Macroeconomics By Robert Frank

Principles of Macroeconomics by Robert Frank


$5.55
Condition - Good
Only 1 left

Summary

Introduces a list of core macroeconomic principles and reinforces them by illustrating and applying each in numerous contexts. This title helps students to relate economic principles to a host of everyday experiences such as going to the ATM or purchasing airline tickets.

Faster Shipping

Get this product faster from our US warehouse

Principles of Macroeconomics Summary

Principles of Macroeconomics by Robert Frank

In recent years, innovative texts in mathematics, science, foreign languages, and other fields have achieved dramatic pedagogical gains by abandoning the traditional encyclopedic approach in favor of teaching a shorter list of core principles in depth. Two well-respected writers and researchers, Bob Frank and Ben Bernanke, have shown that the less-is-more approach affords similar gains in introductory economics. The authors introduce a coherent short list of core principles and reinforce them by illustrating and applying each in numerous contexts. With engaging questions, explanations and exercises, the authors help students relate economic principles to a host of everyday experiences such as going to the ATM or purchasing airline tickets. Throughout this process, the authors encourage students to become economic naturalists: people who employ basic economic principles to understand and explain what they observe in the world around them.

Principles of Macroeconomics, fifth edition, is thoroughly updated with examples that connect to current events such as the financial crisis of 2008 and Great Recession of 2007-2009 as well as other topics commonly discussed in the media. In addition, the text is paired with McGraw-Hill's market-leading online assignment and assessment solution Connect Economics, providing tools to enhance course management and student learning.

Connect is the only integrated learning system that empowers students by continuously adapting to deliver precisely what they need, when they need it, and how they need it, so that your class time is more engaging and effective.

About Robert Frank

Robert H. Frank received his M.A. in statistics from the University of California at Berkeley in 1971, and his Ph.D. in economics in 1972, also from U.C. Berkeley. He is the Goldwin Smith Professor of Economics at Cornell University, where he has taught since 1972 and where he currently holds a joint appointment in the department of economics and the Johnson Graduate School of Management. He has published on a variety of subjects, including price and wage discrimination, public utility pricing, the measurement of unemployment spell lengths, and the distributional consequences of direct foreign investment. For the past several years, his research has focused on rivalry and cooperation in economic and social behaviour. Professor Bernanke received his B.A. in Economics from Harvard University in 1975 and his Ph.D. in economics from MIT in 1979. He taught at the Stanford Graduate School of Business from 1979 to 1985 and moved to Princeton University in 1985, where he was named the Howard Harrison and Gabrielle Snyder Beck Professor of Economics and Public Affairs, where he served as Chairman of the Economics Department. He is a fellow of the American Academy of Arts and Sciences and the Econometrics Society. He was named a member of the Board of Governors of the Federal Reserve in 2002 and became the chairman of the President's council of Economic Advisers in 2005. In 2006 Ben Bernanke was selected to be the Chairman of the Federal Reserve Board.Professor Bernanke's intermediate textbook, with Andrew Abel, Macroeconomics, Fifth Edition (Addison-Wesley, 2004) is a best seller in its field. He has authored more than 50 scholarly publications in macroeconomics, macroeconomic history, and finance. He has done significant research on the causes of the Great Depression, the role of financial markets and institutions in the business cycle, and measuring the effects of monetary policy on the economy. His two most recent books, both published by Princeton University Press, include Inflation Targeting: Lessons from the International Experience (with coauthors) and Essays on the Great Depression. He has served as editor of the American Economic Review and was the founding editor of the International Journal of Central Banking. Professor Bernanke has taught principles of economics at both Stanford and Princeton.

Table of Contents

Part 1 Introduction 1.Thinking Like an Economist2.Comparative Advantage3.Supply and DemandPart 2 Macroeconomics: Data and Issues4.Spending, Income, and GDP5.Inflation and the Price Level6.Wages and UnemploymentPart 3 The Economy in the Long Run7.Economic Growth8.Saving, Capital Formation, and Financial Markets9.Money, Prices, and the Financial System Part 4 The Economy in the Short Run10.Short-term Economic Fluctuations 11.Spending, Output, and Fiscal Policy12.Monetary Policy and the Federal Reserve13.Aggregate Demand, Aggregate Supply, and Business Cycles 14.Macroeconomic PolicyPart 5 The International Economy15.Exchange Rates, International Trade, and Capital Flows

Additional information

CIN0077318501G
9780077318505
0077318501
Principles of Macroeconomics by Robert Frank
Used - Good
Paperback
McGraw-Hill Education - Europe
20120316
496
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in good condition, but if you are not entirely satisfied please get in touch with us

Customer Reviews - Principles of Macroeconomics