Macroeconomics – Michael Parkin – 10th Edition


Parkin’s is a worldwide leader because it provides a serious, analytical approach to the discipline using the latest policy and data. Parkin trains students to think like economists by offering a clear introduction to theory and applying the concepts to today’s events, news, and research.

From our global food shortage to global warming, issues permeate our everyday lives. Parkin brings critical issues to the forefront. Each chapter begins with one of today’s key issues, and additional issues appear throughout the chapter to show the real-world of the theory being discussed. When the chapter concludes, students “read between the lines” to think critically about a news article relating to the issue, demonstrating how thinking like an economist helps make informed decisions.

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Table of Contents

1. What is Economics
2. The Economic Problem
3. Demand and Supply
4. Elasticity
5. Efficiency and Equity
6. Government Actions in Markets
7. Global Markets in Action
8. Utility and Demand
9. Possibilities, Preferences, and Choices
10. Organizing Production
11. Output and Costs
12. Perfect Competition
13. Monopoly
14. Monopolistic Competition
15. Oligopoly
16. Public Choices and Public Goods
17. Economics of the Environment
18. Markets for Factors of Production
19. Economic Inequality
20. Uncertainty and Information
21. Measuring GDP and Economic Growth
22. Monitoring Jobs and Inflation
23. Economic Growth
24. Finance, Saving, and Investment
25. Money, the Price Level, and Inflation
26. The Exchange Rate and the Balance of Payments
27. Aggregate Supply and Aggregate Demand
28. Expenditure Multipliers: The Keynesian Model
29. U.S. Inflation, Unemployment, and Business Cycle
30. Fiscal Policy
31. Monetary Policy

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