Description |
1 online resource (x, 495 pages) |
Summary |
"Macroeconomics: Theory, Models, and Policy by D. Curtis and I. Irvine provides complete, concise coverage of introductory macroeconomics theory and policy. The text observes short-run macroeconomic performance, analysis, and policy motivated by the recessions of the early 1980s and 1990s, the financial crisis and recession of 2008-2009, and the prolonged recovery in most industrial countries. A traditional Aggregate Demand and Supply (AD-AS) model is introduced, and a basic modern AD-AS model is developed. Numerical examples, diagrams, and basic algebra are used in combination to illustrate and explain economic relationships. Students learn about: the importance of trade flows, consumption, and government budgets; money supply; financial asset prices, yields, and interest rates; employment and unemployment; and other key relationships in the economy. Canadian and selected international data are used to provide real world examples and comparisons. This text is intended for a one-semester course, and can be used in a two-semester sequence with the companion text, Microeconomics: Markets, Methods, and Models. The three introductory chapters and the International Trade chapter (Chapter 15) are common to both books"--BC Campus website |
Notes |
This work is licensed under the Creative Commons Attribution-NonCommercial-ShareAlike License |
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"Base textbook." |
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This bibliographic record is available under the Creative Commons CC0 "No Rights Reserved" license |
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Description based on online resource; title from pdf title page (viewed on March 28, 2017) |
Subject |
Macroeconomics -- Textbooks
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Form |
Electronic book
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Author |
Irvine, Ian, 1949- author.
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Lyryx Learning, issuing body
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BC Open Textbook Project, distributor
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BCcampus.
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