Frank, Robert H.

Principles of macroeconomics / Robert H. Frank ...[et al.]. - 6th ed. - New York, McGraw-Hill Education, 2016. - xxviii, 430 p. : ill. ; 28 cm.

includes index

Thinking like an economist --
Comparative advantage --
Supply and demand --
Spending, income, and GDP --
Inflation and the price level --
Wages and unemployment --
Economic growth --
Saving, capital formation, and financial markets --
Money, prices, and financial intermediaries --
Short-term economic fluctuations --
Spending, output, and fiscal policy --
Monetary policy and the federal reserve --
Aggregate demand, aggregate supply, and business cycles --
Macroeconomic policy --
Exchange rates, international trade, and capital flows Table of contents

With questions, explanations and exercises, the authors help students relate economic principles to a host of everyday experiences such as going to the ATM or purchasing airline tickets. They encourage students to become "economic naturalists:" people who employ basic economic principles to explain what they observe in the world around them.

9780073518992 (alk. paper) 0073518999 (alk. paper)



339 / PRI 2016

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