Macroeconomics: Australia in the Global Environment, 2nd edition

Published by Pearson (July 19, 2019) © 2020

  • Michael Parkin Emeritus of University of Western Ontario
  • Robin Bade University of Western Ontario
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Parkin and Bade aim to help students focus on the most important concepts of macroeconomics and effectively practice the application of those concepts.

  • Modern topics - Includes contemporary examples that help students tie theory to real-world situations.
  • Encourages students to learn by doing - Features multiple checkpoints which aim to teach students how to think like an economist in everyday life.
  • Challenges thinking - Encourages students to apply theory to important issues that shape our global society.

Samples

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Student resources:

Student PowerPoint Lecture notes >

LMS cartridge instructions >

  • Part 1: Introduction
  • 1. Getting Started
  • 2. The Australian and Global Economies
  • 3. The Economic Problem
  • 4. Demand and Supply
  • Part 2: Monitoring the Macroeconomy
  • 5. GDP: A Measure of Total Production and Income
  • 6. Jobs and Unemployment
  • 7. The CPI and Cost of Living
  • Part 3: Understanding the Macroeconomy
  • 8. Economic Growth
  • 9. Finance, Saving and Investment
  • 10. Money, the Price Level and Inflation
  • 11. Aggregate Supply and Aggregate Demand
  • 12. Aggregate Expenditure Multiplier
  • 13. The Short-Run Policy Tradeoff
  • Part 4: Macroeconomic Policy
  • 14. Fiscal Policy
  • 15. Monetary Policy
  • 16. International Trade Policy
  • 17. International Finance

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