This is an introductory textbook covering the basics of Macroeconomics.It features an innovative core text. It is accompanied by integrated unique supplements.It is a traditional textbook focusing on the core topics in macroeconomics. It includes the usual textbook apparatus, including key terms and definitions. It also includes a set of innovative end-of-chapter questions and problems, many of which have been drawn from today's headlines and the business press.

Table of Contents

Exploring Economics; Production, Economic Growth and Trade; Supply and Demand; Market Efficiency, Market Failure, and Government Intervention; Introduction to Macroeconomics; Measuring Inflation and Unemployment; Economic Growth; Keynesian Macroeconomics; Aggregate Demand and Supply; Fiscal Policy; The Monetary System; Monetary Policy; Federal Deficits and Public Debt; Macroeconomic Policy Challenges; International Trade; Open Economy Macroeconomics.

Author Biography

GERALD W. STONE is Emeritus Professor of Economics at Metropolitan State College of Denver, USA. He has taught principles of economics to over 10,000 students throughout his career, and he has also taught courses in labor economics and law and economics. He has authored or coauthored over a half dozen books and numerous articles that have been published in economic journals such as the Southern Economic Journal and the Journal of Economics and Sociology. He earned his Bachelor's and Master's degree in economics at Arizona State University, USA his Ph.D. in economics at Rice University, USA and a J.D. in law at the University of Denver, USA.