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Exploring Macroeconomics - SAGE amp edition
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Exploring Macroeconomics - SAGE amp edition

Eighth Edition
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May 2019 | SAGE Publications, Inc

A dynamic courseware solution with algorithmic assignments

Exploring Macroeconomics, 8e – SAGE amp edition is a dynamic courseware solution that integrates Robert L. Sexton’s Exploring Macroeconomics, 8e course content with video, assessments, assignments, and other active learning tools in a streamlined and simple-to-use environment. Accessible across mobile, desktop, and tablet devices, this user-friendly platform helps students apply knowledge to master content and perform better in their course. Instructors are able to save time with auto-generated and graded assignments while a gradebook gives real-time insight into student and class performance.

INSTRUCTORS: To learn more about SAGE amp or request a demo, please contact your SAGE rep.


 
Part I: Introduction
 
Chapter 1: The Role and Method of Economics
1.1 Economics: A Brief Introduction

 
1.2 Economic Behavior

 
1.3 Economic Theories and Models

 
1.4 Pitfalls to Avoid in Scientific Thinking

 
1.5 Positive Statements and Normative Statements

 
 
Chapter 2: Economics: Eight Powerful Ideas
2.1 Idea 1: People Face Scarcity and Costly Trade-Offs

 
2.2 Idea 2: People Engage in Rational Decision Making and Marginal Thinking

 
2.3 Idea 3: People Respond Predictably to Changes in Incentives

 
2.4 Idea 4: Sepcialization and Trade Can Make People Better Off

 
2.5 Idea 5: Markets Can Improve Economic Efficiency

 
2.6 Idea 6: Appropriate Government Policies Can Improve Market Outcomes

 
2.7 Idea 7: Government Policies May Help Stablilize the Economy

 
2.8 Idea 8: Increasing Producitivty Leads to Economic Growth

 
 
Chapter 3: Scarcity, Trade-Offs, and Production Possibilities
3.1 The Three Economic Questions Every Society Faces

 
3.2 The Circular Flow Model

 
3.3 The Production Possibilities Curve

 
3.4 Economic Growth and the Production Possibilities Curve

 
 
Part II: Supply and Demand
 
Chapter 4: Demand, Supply, and Market Equilibrium
4.1 Markets

 
4.2 Demand

 
4.3 Shifts in the Demand Curve

 
4.4 Supply

 
4.5 Shifts in the Supply Curve

 
4.6 Market Equilibrium Price and Quantity

 
 
Chapter 5: Markets in Motion and Price Controls
5.1 Changes in Market Equilibrium

 
5.2 Price Controls

 
Chapter 6: Elasticities

 
6.1 Price Elasticity of Demand

 
6.2 Total Revenue and the Price Elasticity of Demand

 
6.3 Other Types of Demand Elasticities

 
6.4 Price Elasticity of Supply

 
 
Part III: Market Efficiency, Market Failure, and the Public System
 
Chapter 7: Market Efficiency and Welfare
7.1 Consumer Surplus and Producer Surplus

 
7.2 The Welfare Effects of Taxes, Subsidies, and Price Controls

 
 
Chapter 8: Market Failure
8.1 Externalities

 
8.2 Public Policy and the Environment

 
8.3 Property Rights and the Environment

 
8.4 Public Goods

 
8.5 Asymmetric Information

 
 
Chapter 9: Public Finance and Public Choice
9.1 Public Finance: Government Spending and Taxation

 
9.2 Public Choice

 
 
Part IV: Macroeconomic Foundations
 
Chapter 10: Introduction to Macroeconomics: Unemployment, Inflation, and Economic Fluctuations
10.1 Macroeconomic Goals

 
10.2 Employment and Unemployment

 
10.3 Types of Unemployment

 
10.4 Reasons for Unemployment

 
10.5 Inflation

 
10.6 Economic Fluctuations

 
 
Chapter 11: Measuring Economic Performance
11.1 National Income Accounting: A Standardized Way to Measure Economic Performance

 
11.2 Measuring Total Production

 
11.3 Other Measures of Total Production and Total Income

 
11.4 Problems in Calculating an Accurate GDP

 
11.5 Problems with GDP as a Measure of Economic Welfare

 
 
Chapter 12: Economic Growth in the Global Economy
12.1 Economic Growth

 
12.2 Determinants of Economic Growth

 
12.3 Public Policy and Economic Growth

 
12.4 Population and Economic Growth

 
 
Chapter 13: Financial Markets, Saving, and Investment
13.1 Financial Institutions and Intermediaries

 
13.2 Saving, Investment, and the Financial System

 
13.3 The Financial Crisis of 2008

 
 
Part V: The Macroeconomic Models
 
Chapter 14: Aggregate Demand and Aggregate Supply
14.1 The Determinants of Aggregate Demand

 
14.2 The Aggregate Demand Curve

 
14.3 Shifts in the Aggregate Demand Curve

 
14.4 The Aggregate Supply Curve

 
14.5 Shifts in the Aggregate Supply Curve

 
14.6 Macroeconomic Equilibrium: The Short Run and the Long Run

 
 
Chapter 15: The Aggregate Expenditure Model
15.1 The Simple Aggregate Expenditure Model

 
15.2 Finding Equilibrium in the Aggregate Expenditure Model

 
15.3 Adding Investment, Government Purchases, and Net Exports

 
15.4 Shifts in Aggregate Expenditure and the Multiplier

 
15.5 From Aggregate Expenditures to Aggregate Demand

 
 
Part VI: Macroeconomic Policy
 
Chapter 16: Fiscal Policy
16.1 Fiscal Policy

 
16.2 Fiscal Policy and the AD/AS Model

 
16.3 The Multiplier Effect

 
16.4 Supply-Side Effects of Tax Cuts

 
16.5 Possible Obstacles to Effective Fiscal Policy

 
16.6 Automatic Stabilizers

 
16.7 The National Debt

 
 
Chapter 17: Money, Banking, and the Federal Reserve System
17.1 What is Money?

 
17.2 Measuring Money

 
17.3 How Banks Create Money

 
17.4 The Money Multiplier

 
17.5 The Federal Reserve System

 
17.6 How Does the Federal Reserve Change the Money Supply?

 
17.7 Bank Failures

 
 
Chapter 18: Monetary Policy
18.1 Money, Interest Rates, and Aggregate Demand

 
18.2 Expansionary and Contractionary Policy

 
18.3 Money and Inflation-The Long Run

 
18.4 Problems in Implementing Monetary and Fiscal Policy

 
 
Chapter 19: Issues in Macroeconomic Theory and Policy
19.1 The Phillips Curve

 
19.2 The Phillips Curve over Time

 
19.3 Rational Expectations

 
19.4 Controversies in Macroeconomic Policy

 
 
Part VII: The Global Economy
 
Chapter 20: International Trade
20.1 The Growth in World Trade

 
20.2 Comparative Advantage and Gains From Trade

 
20.3 Supply and Demand in International Trade

 
20.4 Tariffs, Import Quotas, and Subsidies

 
 
Chapter 21: International Finance
21.1 The Balance of Payments

 
21.2 Exchange Rates

 
21.3 Equilibrium Changes in the Foreign Exchange Market

 
21.4 Flexible Exchange Rates

 
Key features

SAGE amp for Instructors

  • Auto-generated and auto-graded assignments relieve instructors from complex, time-consuming question writing and course prep while supporting student mastery through limitless attempts. Assignments include:
    • Mathematical formula questions
    • Multiple choice questions
  •  Additional auto-graded assignments include: 
    • Matching questions
    • Fill-in-the-blank questions
    • Truth/false questions
  • Assignable, auto-graded video activities that present important concepts and reinforce key ideas in a unique, engaging way.
  • Short answer essay questions provide application and critical thinking opportunities connected to key concepts.
  • gradebook tracks all student activity and provides real-time data around their learning for instructors to monitor and adapt instruction as needed.
  • Authoring and editing tools allow instructors to modify questions and add their own questions as needed.


SAGE amp for Students

  • An integrated eBook provides students access to the full text anywhere they are connected to the Internet.
  • Algorithmic practice problems give students limitless practice opportunities to master necessary course skills.
  • A variety of question formats including multiple choice, true/false, short answer, interactive images, graphing, and plotting activities are available to engage students.
  • Video activities capture and retain student interest while simultaneously allowing them to apply and critically think about key course concepts.
  • Learning objectives and Knowledge Check review questions ensure students stay on a clearly defined track to learning. 

 

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