Economics of Macro Issues,9780134531991

Economics of Macro Issues

by
Edition: 8th
ISBN13: 9780134531991
ISBN10: 013453199X
Format: Paperback
Pub. Date: 2017-07-11
Publisher(s): Pearson
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Summary

For principles of economics and social issues courses.

 

Brief, relevant readings that spark independent thinking and discussions

The Economics of Macro Issues is a collection of brief, relevant readings that spark independent thinking and discussion in principles of economics and social issues. The text encourages readers to apply theoretical discussions to today’s important issues to gain a deeper understanding of current macroeconomic policy concerns. The 8th Edition addresses critical new macroeconomic policy issues with timeliness and insight. And it showcases pivotal developments in American economic affairs and policy making in the past few years, in ways that will both challenge and enlighten readers at all levels.

 

 

Author Biography

Roger LeRoy Miller received his PhD from the University of Chicago. Miller is a legal specialist and author of numerous books on law and the legal environment, including criminal procedure. In addition, Miller has authored books on the war on drugs, the economics of crime and criminal behavior, and on related topics.

 

Daniel K. Benjamin is an Alumni Distinguished Professor in the John E. Walker Department of Economics, Clemson University.

 

 

Table of Contents

PART ONE: THE MIRACLE OF ECONOMIC GROWTH

1. Rich Nation, Poor Nation

2. Innovation and Growth

3. Outsourcing and Economic Growth

4. Poverty, Capitalism, and Growth

5. The Threat to Growth

6. Hello Boomers, Goodbye Prosperity

 

PART TWO: THE BUSINESS CYCLE, UNEMPLOYMENT, AND INFLATION

7. What Should GDP Include?

8. What’s in a Word? Plenty, When It’s the “R” Word

9. The Disappearing Middle Class

10. Capital, Wealth, and Inequality

11. The Great Stagnation

12. The Case of the Missing Workers

13. The Gig Economy

14. Mobility in America

15. Inflation and the Debt Bomb

16. Is It Real, or Is It Nominal?

 

PART THREE: FISCAL POLICY

17. Can We Afford the Affordable Care Act?

18. Who Really Pays Taxes?

19. Are You Stimulated Yet?

20. Higher Taxes Are in Your Future

21. The Myths of Social Security

 

PART FOUR: MONETARY POLICY AND FINANCIAL INSTITUTIONS

22. The Fed and Financial Panics

23. The Fed Feeding Frenzy

24. Deposit Insurance and Financial Markets

25. Revolutionizing the Way We Pay

26. Cryptocurrencies

 

PART FIVE: GLOBALIZATION AND INTERNATIONAL FINANCE

27. The Value of the Dollar

28. The Eurozone after Brexit

29. The Global Power of the Big Mac

30. The Opposition to Globalization

31. The $750,000 Job

 

Selected References and Web Links

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