TY - BOOK AU - Mankiw,N.Gregory TI - Principles of macroeconomics SN - 0324236956 (Student ed.) AV - HB172.5 .M356 2007 PY - 2007/// CY - Mason, Ohio PB - Thomson/South-Western KW - Macroeconomics N1 - Includes bibliographical references and index; Preface: To the Instructor --; Preface: To the Student --; Part 1; Introduction --; Chapter 1; Ten Principles of Economics --; How People Make Decisions --; How People Interact --; How the Economy as a Whole Works --; Chapter 2; Thinking Like an Economist --; The Economist as Scientist --; The Economist as Policy Adviser --; Why Economists Disagree --; Let's Get Going --; Appendix; Graphing: A Brief Review --; Chapter 3; Interdependence and the Gains from Trade --; A Parable for the Modern Economy --; Comparative Advantage: The Driving Force of Specialization --; Applications of Comparative Advantage --; Part 2; How Markets Work --; Chapter 4; The Market Forces of Supply and Demand --; Markets and Competition --; Demand --; Supply --; Supply and Demand Together --; Chapter 5; Elasticity and its Application --; The Elasticity of Demand --; The Elasticity of Supply --; Three Applications of Supply, Demand, and Elasticity --; Chapter 6; Supply, Demand, and Government Policies --; Controls on Prices --; Taxes --; Part 3; Markets and Welfare --; Chapter 7; Consumers, Producers, and the Efficiency of Markets --; Consumer Surplus --; Producer Surplus --; Market Efficiency --; Conclusion: Market Efficiency and Market Failure --; Chapter 8; Application: The Costs of Taxation --; The Deadweight Loss of Taxation --; The Determinants of the Deadweight Loss --; Deadweight Loss and Tax Revenue as Taxes Vary --; Chapter 9; Application: International Trade --; The Determinants of Trade --; The Winners and Losers from Trade --; The Arguments for Restricting Trade --; Part 4; The Data of Macroeconomics --; Chapter 10; Measuring a Nation's Income --; The Economy's Income and Expenditure --; The Measurement of Gross Domestic Product --; The Components of GDP --; Real versus Nominal GDP --; Is GDP a Good Measure of Economic Well-Being? --; Chapter 11; Measuring the Cost of Living --; The Consumer Price Index --; Correcting Economic Variables for the Effects of Inflation --; Part 5; The Real Economy in the Long Run --; Chapter 12; Production and Growth --; Economic Growth around the World --; Productivity: Its Role and Determinants --; Economic Growth and Public Policy --; Conclusion: The Importance of Long-Run Growth --; Chapter 13; Saving, Investment, and the Financial System --; Financial Institutions in the U.S. Economy --; Saving and Investment in the National Income Accounts --; The Market for Loanable Funds --; Chapter 14; The Basic Tools of Finance --; Present Value: Measuring the Time Value of Money --; Managing Risk --; Asset Valuation --; Chapter 15; Unemployment --; Identifying Unemployment --; Job Search --; Minimum-Wage Laws --; Unions and Collective Bargaining --; The Theory of Efficiency Wages --; Part 6; Money and Prices in the Long Run --; Chapter 16; The Monetary System --; The Meaning of Money --; The Federal Reserve System --; Banks and the Money Supply --; Chapter 17; Money Growth and Inflation --; The Classical Theory of Inflation --; The Costs of Inflation --; Part 7; The Macroeconomics of Open Economies --; Chapter 18; Open-Economy Macroeconomics: Basic Concepts --; The International Flows of Goods and Capital --; The Prices for International Transactions: Real and Nominal Exchange Rates --; A First Theory of Exchange-Rate Determination: Purchasing-Power Parity --; Chapter 19; A Macroeconomic Theory of the Open Economy --; Supply and Demand for Loanable Funds and for Foreign-Currency Exchange --; Equilibrium in the Open Economy --; How Policies and Events Affect an Open Economy --; Part 8; Short-Run Economic Fluctuations --; Chapter 20; Aggregate Demand and Aggregate Supply --; Three Key Facts about Economic Fluctuations --; Explaining Short-Run Economic Fluctuations --; The Aggregate-Demand Curve --; The Aggregate-Supply Curve --; Two Causes of Economic Fluctuations --; Chapter 21; The Influence of Monetary and Fiscal Policy on Aggregate Demand --; How Monetary Policy Influences Aggregate Demand --; How Fiscal Policy Influences Aggregate Demand --; Using Policy to Stabilize the Economy --; Chapter 22; The Short-Run Trade-Off Between Inflation and Unemployment --; The Phillips Curve --; Shifts in the Phillips Curve: The Role of Expectations --; Shifts in the Phillips Curve: The Role of Supply Shocks --; The Cost of Reducing Inflation --; Part 9; Final Thoughts --; Chapter 23; Five Debates Over Macroeconomic Policy --; Should Monetary and Fiscal Policymakers Try to Stabilize the Economy? --; Should Monetary Policy Be Made by Rule Rather Than by Discretion? --; Should the Central Bank Aim for Zero Inflation? --; Should the Government Balance Its Budget? --; Should the Tax Laws Be Reformed to Encourage Saving? --; Appendix; Quick Quiz Answers ER -