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Principles of Macroeconomics 2e
Choice in a World of Scarcity
Preface
Welcome to Economics!
Choice in a World of Scarcity
Demand and Supply
Labor and Financial Markets
Elasticity
The Macroeconomic Perspective
Economic Growth
Unemployment
Inflation
The International Trade and Capital Flows
The Aggregate Demand/Aggregate Supply Model
The Keynesian Perspective
The Neoclassical Perspective
Money and Banking
Monetary Policy and Bank Regulation
Exchange Rates and International Capital Flows
Government Budgets and Fiscal Policy
The Impacts of Government Borrowing
Macroeconomic Policy Around the World
International Trade
Globalization and Protectionism
The Use of Mathematics in Principles of Economics
The Expenditure-Output Model
Unit
3
Choice in a World of Scarcity
Unit Description
Lesson
1
Introduction to Choice in a World of Scarcity
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Lesson
2
How Individuals Make Choices Based on Their Budget Constraint
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Lesson
3
The Production Possibilities Frontier and Social Choices
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Lesson
4
Confronting Objections to the Economic Approach
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