Principles of Macroeconomics Brief Edition 3rd Edition Frank Test Bank

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Product details:

ISBN10: 1264250312 | ISBN13: 9781264250318

Author: Robert Frank, Ben Bernanke, Kate Antonovics and Ori Heffetz

Principles of Macroeconomics focuses on seven core principles to produce economic naturalists through active learning. By eliminating overwhelming detail and focusing on core principles, students from all backgrounds are able to gain a deeper understanding of economics. Focused on helping students become “economic naturalists,” people who employ basic economic principles to understand and explain what they observe in the world around them. COVID-19 pandemic content, analysis, and examples further engage students.

With engaging questions, explanations, exercises and videos, 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.” Author developed Learning Glass concept overview videos and Worked Problem videos give students an overview of challenging and important concepts.

With new videos and engagement tools in Connect, like Application-Based Activities, alongside SmartBook’s adaptive reading experience, the 8th edition enables instructors to spend class time engaging, facilitating, and answering questions instead of lecturing on the basics.

Table of contents:

PART  1: Introduction
1. Thinking  Like  an  Economist
2. Comparative  Advantage
3. Supply  and  Demand
PART  2: Macroeconomic:  Issues  and  Data
4. Macroeconomics:  The  Bird’s-Eye  View  of the  Economy
5. Measuring  Economic  Activity:  GDP  and Unemployment
6. Measuring  the  Price  Level  and Inflation 137
PART  3: The  Economy  in  the  Long  Run
7. Economic  Growth,  Productivity,  and  Living Standards
8. The  Labor  Market:  Workers,  Wages,  and Unemployment
9. Saving  and  Capital  Formation
10. Money,  Prices,  and  the  Federal Reserve
11. Financial  Markets  and  International  Capital Flows
PART  4: The  Economy  in  the  Short  Run
12. Short-Term  Economic  Fluctuations:  An Introduction
13. Spending  and  Output  in  the  Short  Run
14. Stabilizing  the  Economy:  The  Role  of  the Fed
15. Aggregate  Demand,  Aggregate  Supply,  and Inflation
PART  5: The  International  Economy 
16. International  Trade  and  Trade  Policy
17. Exchange  Rates  and  the  Open Economy

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