TY - BOOK AU - Gwartney, James D. AU - Macpherson, David A., AU - Sobel, Russell S., AU - Stroup, Richard, TI - Macroeconomics: private and public choice SN - 9781305506756 (pbk.);1305506758 (pbk.) AV - HB 172.5 .G995 2018 PY - 2018/// CY - Australia ;;Boston, Massachusetts PB - Cengage Learning KW - Macroeconomics N1 - Part 1: The economic way of thinking -- The economic approach -- Some tools of the economist -- Part 2 : Markets and government -- Demand, supply, and the market process -- Demand and supply : applications and extensions -- Difficult cases for the market , and the role of government -- The economics of political action -- Part 3 : Core macroeconomics -- Taking the nation's economic pulse -- Economic fluctuations, unemployment, and inflation -- An introduction to basic macroeconomic markets -- Dynamic change, economic fluctuations, and the AD-AS model -- Fiscal policy : the Keynesian view and the historical development of macroeconomics -- Fiscal policy, incentives, and secondary effects -- Money and the banking system -- Modern macroeconomics and monetary policy -- Macroeconomic policy, economic stability, and the federal debt -- Creating an environment for growth and prosperity -- Institutions, policies, and cross-country differences in income and growth -- Part 4 : International economics -- Gaining from international trade -- International finance and the foreign exchange market -- Part 5 : Applying the basics : special topics in economics -- Government spending and taxation -- The economics of Social Security -- The stock markets : its function, performance, and potential as an investment opportunity -- Keynes and Hayek : contrasting views on sound economics and the role of government -- The Great Recession of 2008-2009 : causes and response -- Lessons from the Great Depression -- Appendix A : General business and economics indicators for the United States -- Appendix B : Answers to selected critical analysis questions N2 - Learn how to apply macroeconomic concepts to today's real world as MACROECONOMICS: PRIVATE AND PUBLIC CHOICE, 16E reflects current economic conditions. This highly readable, up-to-date text analyzes and explains measures of economic activity in today's market. It also highlights the recession of 2008-2009 and dispels common economic myths. The book uses the "invisible hand" metaphor to explain economic theory, demonstrating how it works to stimulate the economy. This edition even includes online learning solutions, such as Aplia, to improve your learning. Graphing tutorials and videos embedded within the interactive reader support your work and improve your performance. --Amazon.com ER -