This work explains the principles of economics by tying economic concepts and theory to illustrations and examples from contemporary world events. This edition has been updated to provide GDP coverage throughout and includes a new introductory chapter on the American economy; a new section entitled "The Economy Tomorrow", which investigates how current issues may colour future economic realities. Topics such as the effect of bank failures, differing prescriptions for managing the macroeconomy, marketable pollution permits and a Euro currency are covered. This book also includes expanded coverage of Keynesian multiplier effects, supply-side policies, budget deficits and global macroeconomics. A study guide (ISBN: 0-07-056300-4) is also available.
- ISBN10 0070563004
- ISBN13 9780070563001
- Publish Date 1 January 1994 (first published April 1989)
- Publish Status Out of Print
- Out of Print 5 April 2008
- Publish Country US
- Publisher McGraw-Hill Education - Europe
- Imprint McGraw-Hill Inc.,US
- Edition 6th edition
- Format Paperback
- Pages 746
- Language English