<h3>For 1-semester principles of macroeconomics courses.</h3><p>An intuitive and grounded approach to economics</p><p>The economic way of thinking is a foundational skill for citizenship and career. Every feature of Parkin/Bade helps the student develop this skill, repeatedly using its central ideas of tradeoff; opportunity cost; the margin; incentives; the gains from voluntary exchange; the forces of demand, supply, and equilibrium; the pursuit of economic rent; and the tension between self-interest and the social interest.</p><p>Parkin/Bade is thoroughly updated, intuitive rather than technical, grounded in data and empirical evidence, extensively illustrated with well-chosen examples and photographs, enlivened with applications that focus on issues at play in today&rsquo;s world, focused on learning-by-doing, and seamlessly integrated with MyLab Economics.</p>

<ol><li>What Is Economics?</li><li>The Economic Problem</li><li>Demand and Supply</li><li>Measuring GDP and Economic Growth</li><li>Monitoring Jobs and Inflation</li><li>Economic Growth</li><li>Finance, Saving, and Investment</li><li>Money, the Price Level, and Inflation</li><li>The Exchange Rate and the Balance of Payments</li><li>Aggregate Supply and Aggregate Demand</li><li>Expenditure Multipliers</li><li>The Business Cycle, Inflation, and Deflation</li><li>Fiscal Policy</li><li>Monetary Policy</li><li>International Trade Policy</li></ol>

<p>The economic way of thinking is a foundational skill for citizenship and career. Every feature of Parkin/Bade helps the student develop this skill, repeatedly using its central ideas of tradeoff; opportunity cost; the margin; incentives; the gains from voluntary exchange; the forces of demand, supply, and equilibrium; the pursuit of economic rent; and the tension between self-interest and the social interest.</p><p>Parkin/Bade is thoroughly updated, intuitive rather than technical, grounded in data and empirical evidence, extensively illustrated with well-chosen examples and photographs, enlivened with applications that focus on issues at play in today's world, focused on learning-by-doing, and seamlessly integrated with MyLab Economics.</p>

<div>1 What Is Economics?</div><div>2 The Economic Problem</div><div>3 Demand and Supply</div><div>4 Measuring GDP and Economic Growth</div><div>5 Monitoring Jobs and Inflation</div><div>6 Economic Growth</div><div>7 Finance, Saving, and Investment</div><div>8 Money, the Price Level, and Inflation</div><div>9 The Exchange Rate and the Balance of Payments</div><div>10 Aggregate Supply and Aggregate Demand</div><div>11 Expenditure Multipliers</div><div>12 The Business Cycle, Inflation, and Deflation</div><div>13 Fiscal Policy</div><div>14 Monetary Policy</div><div>15 International Trade Policy</div>

<p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height:150%;background:white"><span style="font-size:10.0pt;line-height:150%;font-family:&quot;Verdana&quot;,sans-serif;mso-fareast-font-family:&quot;Times New Roman&quot;;mso-bidi-font-family:&quot;Times New Roman&quot;;color:black"><i style="font-family: &quot;Times New Roman&quot;; font-size: medium;"><span style="font-size: 10pt; line-height: 20px; font-family: Verdana, sans-serif;">This ISBN is for the Pearson eText and may not include any media, website access codes, or print supplement.</span></i></span></p><p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height:150%;background:white"><span style="font-size:10.0pt;line-height:150%;font-family:&quot;Verdana&quot;,sans-serif;mso-fareast-font-family:&quot;Times New Roman&quot;;mso-bidi-font-family:&quot;Times New Roman&quot;;color:black">As the world shifts to a greater reliance on digital media, it is appropriate that this text evolves as well. This eleventh edition is the first fully digital version of <i>Economics: Canada in the Global Environment</i>. Instructors and students will find that, although the medium has changed, the content is fully consistent with prior editions.</span></p><p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height:150%"><span style="font-family: Verdana, sans-serif; font-size: 10pt;">The economic way of thinking is a foundational skill for citizenship and career. Every feature of </span><b style="font-family: Verdana, sans-serif; font-size: 10pt;"><i>Parkin/Bade</i></b><span style="font-family: Verdana, sans-serif; font-size: 10pt;"> helps the student develop this skill, repeatedly using its central ideas of tradeoff; opportunity cost; the margin; incentives; the gains from voluntary exchange; the forces of demand, supply, and equilibrium; the pursuit of economic rent; and the tension between self-interest and the social interest.</span></p><p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height:150%"><b><i><span style="font-size: 10pt; line-height: 150%; font-family: Verdana, sans-serif;">Parkin/Bade</span></i></b><span style="font-size: 10pt; line-height: 150%; font-family: Verdana, sans-serif;"> is thoroughly updated, intuitive rather than technical, grounded in data and empirical evidence, extensively illustrated with well-chosen examples and photographs, enlivened with applications that focus on issues at play in today's world, focused on learning-by-doing, and seamlessly integrated with MyLab Economics.</span></p>

Michael Parkin

Robin Bade

Macroeconomics: Canada in the Global Environment

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