Macroeconomics: Public and Private Choice

Macroeconomics: Public and Private Choice

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ECONOMICS: PRIVATE AND PUBLIC CHOICE includes many more engaging elementsa€”such as scenes from popular movies and applications of economic theory to real-world issuesa€”to help you see how these theories apply to the world around you. Each chapter has been updated to reflect todaya€™s market, including analysis and explanation of measures of current economic activity. Youa€™ll also find highlights of the lives of notable economists and how they contributed to the thinking that shapes our markets today. Common economic myths are dispelled, and the a€œinvisible handa€ metaphor is applied to economic theory, demonstrating how ita€™s working even today to stimulate the economy. This 12th edition includes new technology features such as a robust set of online multimedia learning tools, including video clips and free quizzes designed to support your classroom work; a completely updated Aplia interactive learning system with practice problems, interactive tutorials, online experiences, and more. Important Notice: Media content referenced within the product description or the product text may not be available in the ebook version.When discussing the Great Depression, historians often stress the role of the 1929 stock market crash. Since the stock market ... As a result, many believed that there was a trade-off between inflation and unemployment. This fallacious viewanbsp;...

Title:Macroeconomics: Public and Private Choice
Author: James Gwartney, Richard Stroup, Russell Sobel, David Macpherson
Publisher:Cengage Learning - 2008-01-04

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