| Description |
1 online resource : illustrations. |
| Current Frequency |
Updated irregularly. |
| Description |
data file rda |
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Abstract or summary |
| Series |
Open textbook library |
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Open Textbook Library.
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| Contents |
Part One: Introduction -- Part Two: Introduction to Macroeconomics -- Part Three: Financial Markets & Economic Activity -- Part Four: Real GDP, Business Cycles, Policy and Growth -- Part Five: International Macroeconomics and Trade Theory. |
| Summary |
"Macroeconomics: Theory, Markets, and Policy provides complete, concise coverage of introductory macroeconomics theory and policy. It examines the Canadian economy as an economic system, and embeds current Canadian institutions and approaches to monetary policy and fiscal policy within that system. The text observes short-run macroeconomic performance, analysis, and policy motivated by the recessions of the early 1980s and 1990s, the financial crisis and recession of 2008-2009, and the prolonged recovery in most industrial countries. The text observes short-run macroeconomic performance, analysis, and policy motivated by the recessions of the early 1980s and 1990s, the financial crisis and recession of 2008-2009, and the prolonged recovery in most industrial countries. A traditional Aggregate Demand and Supply (AD-AS) model is introduced, and a basic modern AD-AS model is developed. Numerical examples, diagrams, and basic algebra are used in combination to illustrate and explain economic relationships. Students learn about: the importance of trade flows, consumption, and government budgets; money supply; financial asset prices, yields, and interest rates; employment and unemployment; and other key relationships in the economy. Canadian and selected international data are used to provide real world examples and comparisons. This text is intended for a one-semester course, and can be used in a two-semester sequence with the companion text, Microeconomics: Markets, Methods, and Models. The three introductory chapters and the International Trade chapter (Chapter 15) are common to both books--Open Textbook Library. |
| System Details |
Mode of access: World Wide Web. |
| Note |
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 Unported License. |
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This bibliographic record is available under the Creative Commons CC0 "No Rights Reserved" license. |
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Online version, version 2015, revision A; title from PDF (viewed on March 3, 2017). |
| Local Note |
Promoted: Local to Global Cooperative Open Textbook Library |
| Subject |
Macroeconomics -- Textbooks.
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Macroeconomics. (OCoLC)fst01005221
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| Genre/Form |
Textbooks. (OCoLC)fst01423863
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Textbooks.
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| Added Author |
Irvine, Ian.
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Open Textbook Library, distributor.
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