David Shapiro & Daniel MacDonald 
Principles of Macroeconomics 3e (paperback, b&w) [EPUB ebook] 

Original Release Date: December 2022. Printed in black & white.

Principles of Macroeconomics 3e covers the scope and sequence of most one-semester introductory macroeconomics courses. The third edition takes a balanced approach to the theory and application of macroeconomics concepts. The text uses conversational language and ample illustrations to explore economic theories and provides a wide array of examples using both fictional and real-world scenarios. The third edition has been carefully and thoroughly updated to reflect current data and understanding, as well as to provide a deeper background in diverse contributors and their impacts on economic thought and analysis. For example, the third edition highlights the research and views of a broader group of economists. Brief references and deeply explored socio-political examples have also been updated to showcase the critical – and sometimes unnoticed – ties between economic developments and topics relevant to students.

A fuller list of changes made in Principles of Macroeconomics 3e are described in the preface.

• Chapter 1: Welcome to Economics!


• Chapter 2: Choice in a World of Scarcity


• Chapter 3: Demand and Supply


• Chapter 4: Labor and Financial Markets


• Chapter 5: Elasticity


• Chapter 6: The Macroeconomic Perspective


• Chapter 7: Economic Growth


• Chapter 8: Unemployment


• Chapter 9: Inflation


• Chapter 10: The International Trade and Capital Flows


• Chapter 11: The Aggregate Demand/Aggregate Supply Model


• Chapter 12: The Keynesian Perspective


• Chapter 13: The Neoclassical Perspective


• Chapter 14: Money and Banking


• Chapter 15: Monetary Policy and Bank Regulation


• Chapter 16: Exchange Rates and International Capital Flows


• Chapter 17: Government Budgets and Fiscal Policy


• Chapter 18: The Impacts of Government Borrowing


• Chapter 19: Macroeconomic Policy Around the World


• Chapter 20: International Trade


• Chapter 21: Globalization and Protectionism