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Principles of Macroeconomics 2e
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CC BY
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Principles of Macroeconomics 2e covers the scope and sequence of most introductory economics courses. The text includes many current examples, which are handled in a politically equitable way. The outcome is a balanced approach to the theory and application of economics concepts. The second edition has been thoroughly revised to increase clarity, update data and current event impacts, and incorporate the feedback from many reviewers and adopters.Changes made in Principles of Macroeconomics 2e are described in the preface and the transition guide to help instructors transition to the second edition.

Subject:
Economics
Social Science
Material Type:
Full Course
Date Added:
07/18/2021
Principles of Macroeconomics 2e, Demand and Supply, Changes in Equilibrium Price and Quantity: The Four-Step Process
Unrestricted Use
CC BY
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By the end of this section, you will be able to:

Identify equilibrium price and quantity through the four-step process
Graph equilibrium price and quantity
Contrast shifts of demand or supply and movements along a demand or supply curve
Graph demand and supply curves, including equilibrium price and quantity, based on real-world examples

Subject:
Applied Science
Material Type:
Module
Author:
OpenStax College
Date Added:
07/18/2021
Principles of Macroeconomics 2e, Demand and Supply, Shifts in Demand and Supply for Goods and Services
Unrestricted Use
CC BY
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By the end of this section, you will be able to:

Identify factors that affect demand
Graph demand curves and demand shifts
Identify factors that affect supply
Graph supply curves and supply shifts

Subject:
Applied Science
Material Type:
Module
Author:
OpenStax College
Date Added:
07/18/2021
Principles of Macroeconomics 2e, Labor and Financial Markets, Demand and Supply at Work in Labor Markets
Unrestricted Use
CC BY
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By the end of this section, you will be able to:

Predict shifts in the demand and supply curves of the labor market
Explain the impact of new technology on the demand and supply curves of the labor market
Explain price floors in the labor market such as minimum wage or a living wage

Subject:
Applied Science
Material Type:
Module
Author:
OpenStax College
Date Added:
07/18/2021