Instructor’s Manual Macroeconomics Principles, Applications, and Tools 9th Edition Arthur O’Sullivan, Steven M. Sheffrin, Stephen J. Perez

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Instructor’s Manual Macroeconomics Principles, Applications, and Tools 9th Edition Arthur O’Sullivan, Steven M. Sheffrin, Stephen J. Perez

NOTE: Access code is NOT INCLUDED with this book

For courses in the Principles of Economics.

Introduces Readers to the Basic Concepts of Economics with Timely, Engaging Stories and Applications

Readers hoping to gain a better understanding of economics and the world around them often leave with their questions unanswered. Macroconomics: Principles, Applications, and Tools is built upon the author’s philosophy of using the basic concepts of economics to explain a wide variety of timely, engaging, real-world economic applications.

The Ninth Edition incorporates updated figures and data, while also emphasizing current topics of interest—including the severe economic downturn of recent years and the latest developments in economic thinking. It also includes newly refined Learning Objectives that introduce the concepts explored in each chapter, along with new applications and chapter-opening stories related to the most up-to-date developments in macroeconomics.

Also Available with MyEconLab

This title is available with MyEconLab–an online homework, tutorial, and assessment program designed to work with this text to engage students and improve results. Within its structured environment, students practice what they learn, test their understanding, and pursue a personalized study plan that helps them better absorb course material and understand difficult concepts.

ISBN-13: 978-0134089027

ISBN-10: 0134089022

Table Of Contents:

Preface iii

1 Introduction: What Is Economics? 1

2 The Key Principles of Economics 12

3 Exchange and Markets 25

4 Demand, Supply, and Market Equilibrium 35

5 Measuring a Nation’s Production and Income 53

6 Unemployment and Inflation 66

7 The Economy at Full Employment 77

8 Why Do Economies Grow? 90

9 Aggregate Demand and Aggregate Supply 103

10 Fiscal Policy 112

11 The Income-Expenditure Model 123

12 Investment and Financial Markets 137

13 Money and the Banking System 148

14 The Federal Reserve and Monetary Policy 159

15 Modern Macroeconomics: From the Short Run to the Long Run 169

16 The Dynamics of Inflation and Unemployment 179

17 Macroeconomic Policy Debates 190

18 International Trade and Public Policy 198

19 The World of International Finance 213

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