Macroeconomics, Global Edition, 3rd edition

Published by Pearson (January 24, 2023) © 2023

  • Daron Acemoglu Massachusetts Institute of Technology
  • David Laibson Harvard University
  • John List University of Chicago
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For courses in the principles of macroeconomics

Throughout Macroeconomics, 3rd Edition, authors Daron Acemoglu, David Laibson, and John List use real economic questions and data to help students learn about the world around them. Taking a fresh approach, they use the themes of optimisation, equilibrium, and empiricism to not only illustrate the power of simple economic ideas, but also to explain and predict what's happening in today's society. Each chapter begins with an empirical question that is relevant to the life of a student and is later answered using data in the Evidence-Based Economics feature. As a result of the text's practical emphasis, students learn to apply economic principles to guide the decisions they make in their own daily lives.

Samples

Download the detailed table of contents >

Preview sample pages from Macroeconomics, 3rd Edition >

  • 1. The Principles and Practice of Economics
  • 2. Economic Science: Using Data and Models to Understand the World
  • 3. Optimization: Doing the Best You Can
  • 4. Demand, Supply, and Equilibrium
  • 5. The Wealth of Nations: Defining and Measuring Macroeconomic Aggregates
  • 6. Aggregate Incomes
  • 7. Economic Growth
  • 8. Why Isn't the Whole World Developed?
  • 9. Employment and Unemployment
  • 10. Credit Markets
  • 11. The Monetary System
  • 12. Short-Run Fluctuations
  • 13. Countercyclical Macroeconomic Policy
  • 14. Macroeconomics and International Trade
  • 15. Open Economy Macroeconomics

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