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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, Demand, Supply, and Equilibrium in Markets for Goods and Services
Unrestricted Use
CC BY
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By the end of this section, you will be able to:

Explain demand, quantity demanded, and the law of demand
Identify a demand curve and a supply curve
Explain supply, quantity supplied, and the law of supply
Explain equilibrium, equilibrium price, and equilibrium quantity

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, Exchange Rates and International Capital Flows, Demand and Supply Shifts in Foreign Exchange Markets
Unrestricted Use
CC BY
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By the end of this section, you will be able to:

Explain supply and demand for exchange rates
Define arbitrage
Explain purchasing power parity's importance when comparing countries.

Subject:
Applied Science
Material Type:
Module
Author:
OpenStax College
Date Added:
07/18/2021
Principles of Macroeconomics 2e, Globalization and Protectionism, Protectionism: An Indirect Subsidy from Consumers to Producers
Unrestricted Use
CC BY
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By the end of this section, you will be able to:

Explain protectionism and its three main forms
Analyze protectionism through concepts of demand and supply, noting its effects on equilibrium
Calculate the effects of trade barriers

Subject:
Applied Science
Material Type:
Module
Author:
OpenStax College
Date Added:
07/18/2021
Principles of Macroeconomics 2e, The Impacts of Government Borrowing, Fiscal Policy, Investment, and Economic Growth
Unrestricted Use
CC BY
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By the end of this section, you will be able to:

Explain crowding out and its effect on physical capital investment
Explain the relationship between budget deficits and interest rates
Identify why economic growth is tied to investments in physical capital, human capital, and technology

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