Macroeconomics for AP*

Krugman's Macroeconomics for AP® second edition is designed to be easy to read and easy to use. This book is your ultimate tool for success in the AP® Macroeconomics course and Exam.

The text combines the successful storytelling, vivid examples, and clear explanations of Paul Krugman and Robin Wells with the AP® expertise of Margaret Ray and David Anderson. In this exciting new edition of the AP® text, Ray and Anderson successfully marry Krugman's engaging approach and captivating writing with content based on The College Board's AP® Economics Course outline, all while focusing on the specific needs and interests of high school teachers and students.

Special Package with David Andersons Economics by Example
As an added bonus, a special high school (hardcover) printing of co-author David Anderson's Economics By Example is bundled with the textbook absolutely free. Throughout the text and instructors materials, teachers will find suggestions for how to integrate chapters from Economics by Example into their course. To package for free with Economics by Example please use this ISBN: 1319040640.

List of contents

Section 1 Basic Economic Concepts
Module 1 The Study of Economics
Module 2 Introduction to Macroeconomics
Module 3 The Production Possibilities Curve Model
Module 4 Comparative Advantage and Trade
Appendix Graphs in Economics

Section 2 Supply and Demand
Module 5 Supply and Demand: Introduction and Demand
Module 6 Supply and Demand: Supply
Module 7 Supply and Demand: Equilibrium
Module 8 Supply and Demand: Price Controls (Ceilings and Floors)
Module 9 Supply and Demand: Quantity Controls

Section 3 Measurement of Economic Performance
Module 10 The Circular Flow and Gross Domestic Product
Module 11 Interpreting Real Gross Domestic Product
Module 12 The Meaning and Calculation of Unemployment
Module 13 The Causes and Categories of Unemployment
Module 14 Inflation: An Overview
Module 15 The Measurement and Calculation of Inflation

Section 4 National Income and Price Determination
Module 16 Income and Expenditure
Module 17 Aggregate Demand: Introduction and Determinants
Module 18 Aggregate Supply: Introduction and Determinants
Module 19 Equilibrium in the Aggregate Demand-Aggregate Supply Model
Module 20 Economic Policy and the Aggregate Demand-Aggregate Supply Model
Module 21 Fiscal Policy and Multiplier Effects

Section 5 The Financial Sector
Module 22 Saving, Investment, and the Financial System
Module 23 The Definition and Measurement of Money
Module 24 The Time Value of Money
Module 25 Banking and Money Creation
Module 26 The Federal Reserve System: History and Structure
Module 27 The Federal Reserve System: Monetary Policy
Module 28 The Money Market
Module 29 The Market for Loanable Funds

Section 6 Inflation, Unemployment, and Stabilization Policies
Module 30 Long-Run Implications of Fiscal Policy: Deficits and the Public Debt
Module 31 Monetary Policy and the Interest Rate
Module 32 Money, Output, and Prices in the Long Run
Module 33 Types of Inflation, Disinflation, and Deflation
Module 34 Inflation and Unemployment: The Phillips Curve
Module 35 History and Alternative Views of Macroeconomics
Module 36 Consensus and Conflict in Modern Macroeconomics

Section 7 Economic Growth and Productivity
Module 37 Long-Run Economic Growth
Module 38 Productivity and Growth
Module 39 Growth Policy: Why Economic Growth Rates Differ
Module 40 Economic Growth in Macroeconomic Models

Section 8 The Open Economy: International Trade and Finance
Module 41 Capital Flows and the Balance of Payments
Module 42 The Foreign Exchange Market
Module 43 Exchange Rate Policy and Macroeconomic Policy
Module 44 Barriers to Trade
Module 45 Putting It All Together

AP® Practice Exam

Enrichment Module
Module A: Financial Markets and Crises
Financial Literacy Handbook
Glossary
Index

About the author

Margaret Ray; David A. Anderson; Paul Krugman

Product details

• Authors: David A. Anderson, Paul Krugman, Margaret Ray
• Publisher: Macmillan International Higher Education
• Languages: English
• Product format: Hardback
• Released: 01.01.2015
• EAN: 9781464142284
• ISBN: 978-1-4641-4228-4
• No. of pages: 560
• Subject: Social sciences, law, business > Business > Economics