McEachern “teaches by example.” It is the text that uses examples and
illustrations that students will recognize when they show up for class the first day
because they already have at least 17 years of personal experience with economic choices,
institutions, and events.
Taking a “just-in-time” approach by introducing material just as it is
needed to develop an argument, MACROECONOMIC PRINCIPLES: A CONTEMPORARY INTRODUCTION, 9e,
International Edition truly leads by example.
In a decidedly user-friendly tone, McEachern assumes that students are already
intuitively familiar with many economic concepts through their own life experiences. These
life experiences are then explained to students as economic concepts with clear and
interesting exposition, relevant case studies, and a clean, focused design.
The text’s major applications take the form of Case Studies that are meant to
be read and therefore are integrated into the flow of each chapter. With this ninth
edition, the book’s well-crafted approach is enhanced with resources--such as Aplia and
CourseMate--that will help your students improve their understanding and help you
streamline tasks and save valuable time.
Table of Contents
PART 1: Introduction to Economics.
1. The Art and Science of Economic Analysis.
2. Economic Tools and Economic Systems.
3. Economic Decision Makers.
4. Demand, Supply, and Markets.
PART 2: Fundamentals of Macroeconomics.
5. Introduction to Macroeconomics.
6. Tracking the U. S. Economy.
7. Unemployment and Inflation.
8. Productivity and Growth.
9. Aggregate Expenditure.
10. Aggregate Expenditure and Aggregate Demand.
11. Aggregate Supply.
PART 3: Fiscal and Monetary Policy.
12. Fiscal Policy.
13. Federal Budgets and Public Policy.
14. Money and the Financial System.
15. Banking and the Money Supply.
16. Monetary Theory and Policy.
17. Macro Policy Debate: Active or Passive?
PART 4: International Economics.
18. International Trade.
19. International Finance.
20. Economic Development.
512 pages, Paperback