Macroeconomics: Principles and Applications

Macroeconomics: Principles and Applications

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Show students how todaya€™s macroeconomic policy issues, decisions, and applications impact them every day with the practical, accessible presentation in MACROECONOMICS. Written by acclaimed economists Hall and Lieberman, this straightforward, contemporary text remains as current as the latest headlines. Fresh new cutting-edge examples throughout this edition as well as updated mini-cases clearly illustrate core macroeconomic principles and applications in action. This editiona€™s streamlined chapters focus on todaya€™s most important macroeconomic theories and events as well as how they relate to practical situations. This easy-to-understand comprehensive text equips students with a solid foundation in macroeconomics that students can build on for success no matter what their careers. New diagrams, interactive online exercises, graphing applications, and Internet research resources give students hands-on experience in understanding current macroeconomic challenges. This edition presents the latest thinking from leading economics. Dynamic online resources, such as Aplia (the leading online homework manager), CourseMate online tools, and CengageNOW, ensure students master macroeconomic principles and applications. Important Notice: Media content referenced within the product description or the product text may not be available in the ebook version.Keep in mind that these formulas work whether the initial change in spending is positive or negative. I”GDP = A— I”I p I”GDP = A— I”G I”GDP ... cause a mul- tiplier effect? Or does the multiplier effect create a change in consumption spending?

Title:Macroeconomics: Principles and Applications
Author:Robert Hall, Marc Lieberman
Publisher:Cengage Learning - 2012-02-17


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