Pearson - Principles of Macroeconomics, 7/E - Karl E. Case & Ray C. Fair

Pearson

Always Learning

Browse by discipline

Humanities & Social Sciences

Math & Science

Professional & Career

Principles of Macroeconomics, 7/E
Karl E. Case
Ray C. Fair, Yale University

ISBN-10: 0131442341
ISBN-13: 9780131442344

Publisher: Prentice Hall
Copyright: 2004
Format: Paper; 512 pp
Published: 11/25/2003

Print this content

In this section:

Description

For the 1-semester freshman/sophomore course in Principles of Macroeconomics.

These two highly-respected economists and educators have revised this best-selling Macroeconomics textbook to include more current topics and events while maintaining its hallmark feature of teaching economics through stories, graphs, and equations; relevant to students with various learning styles (verbal, visual, and numerical).

Features

If you prefer to introduce short run issues before long run issues, and fully develop the Keynesian Cross with integrated coverage between chapters before covering the AS/AD Model, examine Case and Fair's chapters 8-13.

Unified and logical structure to Macroeconomics –The book slowly leads up to the Aggregate Demand/Aggregate Supply Model (AD/AS Model) after the development of the goods and money market.

~By building up slowly to the Aggregate supply and Aggregate Demand Model (AD/AS Model), the authors help students understand that aggregate demand is NOT simply the sum of all demand and that aggregate supply is NOT simply the sum of all supply. See Chapters 20 and 21 (which cover the market for goods and services); Chapters 22 and 23 (which cover the money market); Chapter 24 (which links the goods and services market with the money market) and Chapter 25 (which covers the AD/AS Model).

Expanded treatment of comparative advantage in Chapter 2, The Economic Problem: Scarcity and Choice.

~This enables the students to see the connection between growth, trade, comparative advantage and the production possibilities frontier (PPF).

Proven treatment of demand and supply in Chapter 3, Demand, Supply, and Market Equilibrium.

~Change in demand versus change in quantity demanded is explained in 3 different formats (stories, graphs, equations) to help students understand and retain this difficult concept.

Chapter 4, Demand and Supply Applications, is an extension of supply and demand.

~New coverage of price ceilings and price floors has been added to provide a more balanced and complete treatment of modern demand and supply applications.

The Foundation: Stories, graphs, equations –Presents the core concepts of economics in three ways: First, each major concept is presented in the context of a simple intuitive story or illustrative example in words followed by a numerical illustration or table. Second, the numerical example is presented graphically. And finally, where appropriate, equations are used.

~Presenting the material in different formats will convey the core principles of the discipline to a wide range of students.

New To This Edition

Chapter 7, Long Run and Short Run Concern includes expanded discussion of the CPI (consumer price index).

~Provides a more detailed analysis of how the government measures the price changes of the typical goods and services that consumers buy.

Do you want to engage your students with coverage of the booms and busts of the Stock Market? If so, review Case and Fair's all new Chapter on the Stock Market and the Economy (16).

NEW - Chapter 16, The Stock Market and the Economy–Discusses the stock market and how it affects the economy.

~Recent changes in the economy are highlighted so the student will understand how these events actually affect investment decisions and policy. The 90's boom and the recent bust are examined.

NEW - Chapter 22, Globalization, Growth and Development, examines the current trends, issues and debates surrounding the effect of globalization and trade on the developing world.

~Issues such as the movements for and against globalization, trade agreements and barriers, the World Trade Organization, the environment, child labor, sovereignty, and the impact of AIDS on developing economies, are discussed to show recent developments.

NEW - More detailed discussion of Monetary and Fiscal Policy presented in Chapter 27, Macroeconomic Issues and Policy.

~Includes a careful analysis of the nature of the economy in the 1990's and the role that policy played.

Table of Contents

I. INTRODUCTION TO ECONOMICS.

1. The Scope and Method of Economics.

2. The Economic Problem: Scarcity and Choice.

3. Demand, Supply, and Market Equilibrium.

4. Demand and Supply Applications.

II. CONCEPTS AND PROBLEMS IN MACROECONOMICS.

5. Introduction to Macroeconomics.

6. Measuring National Output and National Income.

7. Long-Run and Short-Run Concerns: Growth, Productivity, Unemployment, and Inflation.

III. THE GOODS AND MONEY MARKETS.

8. Aggregate Expenditure and Equilibrium Output.

9. The Government and Fiscal Policy.

10. The Money Supply and the Federal Reserve System.

11. Money Demand, the Equilibrium Interest Rate, and Monetary Policy.

IV. MACROECONOMIC ANALYSIS.

12. Money, the Interest Rate, and Output: Analysis and Policy.

13. Aggregate Demand, Aggregate Supply, and Inflation.

14. The Labor Market, Unemployment, and Inflation.

15. Macroeconomic Issues and Policy.

16. The Stock Market and the Economy.

17. Household and Firm Behavior in the Macroeconomy: A Further Look.

18. Long-Run Growth.

19. Debates in Macroeconomics: Monetarism, New Classical Theory, and Supply Side-Economics.

V. THE WORLD ECONOMY.

20. International Trade, Comparative Advantage, and Protectionism.

21. Open-Economy Macroeconomics: The Balance of Payments and Exchange Rates.

22. Globalization.

23. Economic Growth in Developing and Transitional Economies.

Next Edition(s)

Principles of Macroeconomics, 10/E
Case, Fair & Oster
©2012 | Prentice Hall | Cloth; 471 pp | Instock
ISBN-10: 0131391402 | ISBN-13: 9780131391406
Suggested retail price: $186.67 Buy from myPearsonStoreNet price: $140.00 (What's this?)
Brief Description |
For the one semester Principles of Macroeconomics course.

Reviewers tell us that Case/Fair is one of the all-time bestselling POE texts because they trust it to be clear, thorough, and complete.

MyEconLab New Design is now available for this title! MyEconLab New Design offers:

One Place for All of Your Courses. Improved registration experience and a single point of access for instructors and students who are teaching and learning multiple MyLab/Mastering courses.

A Simplified User Interface. The new user interface offers quick and easy access to Assignments, Study Plan, eText & Results, as well as additional option for course customization.

New Communication Tools. The following new communication tools can be used to foster collaboration, class participation, and group work.

Email: Instructors can send emails to their entire class, to individual students or to instructors who has access to their course.

Discussion Board: The discussion board provides students with a space to respond and react to the discussions you create. These posts can also be separated out into specific topics where students can share their opinions/answers and respond to their fellow classmates’ posts.

Chat/ ClassLive: ClassLive is an interactive chat tool that allows instructors and students to communicate in real time. ClassLive can be used with a group of students or one-on-one to share images or PowerPoint presentations, draw or write objects on a whiteboard, or send and received graphed or plotted equations. ClassLive also has additional classroom management tools, including polling and hand-raising.

Enhanced eText. Available within the online course materials and offline via an iPad app, the enhanced eText allows instructors and students to highlight, bookmark, take notes, and share with one another.
More Info
Principles of Macroeconomics, 9/E
Case, Fair & Oster
©2009 | Prentice Hall | Paper; 472 pp | Instock
ISBN-10: 0136058965 | ISBN-13: 9780136058960
Suggested retail price: $186.67 Net price: $140.00 (What's this?)Brief Description |
For the 1 semester principles of macroeconomics course.

Reviewers tell us that Case/Fair is one of the all-time bestselling POE texts because they trust it to be clear, thorough and complete. This well-respected author team is joined for the 9^th edition by a new co-author, Sharon Oster. Sharon’s research and teaching experience brings new coverage of modern topics and an applied approach to economic theory, as demonstrated in the new Economics in Practice feature.
More Info
Principles of Macroeconomics, 10/E
Case, Fair & Oster
©2012 | Prentice Hall | Cloth; 471 pp | Instock
ISBN-10: 0131391402 | ISBN-13: 9780131391406
Suggested retail price: $186.67 Buy from myPearsonStoreNet price: $140.00 (What's this?)
Brief Description |
For the one semester Principles of Macroeconomics course.

Reviewers tell us that Case/Fair is one of the all-time bestselling POE texts because they trust it to be clear, thorough, and complete.

MyEconLab New Design is now available for this title! MyEconLab New Design offers:

One Place for All of Your Courses. Improved registration experience and a single point of access for instructors and students who are teaching and learning multiple MyLab/Mastering courses.

A Simplified User Interface. The new user interface offers quick and easy access to Assignments, Study Plan, eText & Results, as well as additional option for course customization.

New Communication Tools. The following new communication tools can be used to foster collaboration, class participation, and group work.

Email: Instructors can send emails to their entire class, to individual students or to instructors who has access to their course.

Discussion Board: The discussion board provides students with a space to respond and react to the discussions you create. These posts can also be separated out into specific topics where students can share their opinions/answers and respond to their fellow classmates’ posts.

Chat/ ClassLive: ClassLive is an interactive chat tool that allows instructors and students to communicate in real time. ClassLive can be used with a group of students or one-on-one to share images or PowerPoint presentations, draw or write objects on a whiteboard, or send and received graphed or plotted equations. ClassLive also has additional classroom management tools, including polling and hand-raising.

Enhanced eText. Available within the online course materials and offline via an iPad app, the enhanced eText allows instructors and students to highlight, bookmark, take notes, and share with one another.
More Info

Print this content

In this section:

Websites and Online Courses

Websites and Online Courses

Companion Website Plus - Case, 7/E
Case
©2004 | Prentice Hall | On-line Supplement; 0 pp | Live
ISBN-10: 013144249X | ISBN-13: 9780131442498
More Info

Print this content

In this section:

Instructor Resources

Downloadable Instructor Resources
Other Instructor Resources

Student Resources

Websites and online courses
Other student resources

eLearning & Assessment

Websites and Online Courses

EconUpdates Websites
Ayers
©2004 | Prentice Hall | On-line Supplement; 0 pp | Live
ISBN-10: 0131495879 | ISBN-13: 9780131495876

Show Downloadable Files

More Info

Companion Website Plus - Case, 7/E
Case
©2004 | Prentice Hall | On-line Supplement; 0 pp | Live
ISBN-10: 013144249X | ISBN-13: 9780131442498
More Info

Websites and online courses

Companion Website Plus - Case, 7/E
Case
©2004 | Prentice Hall | On-line Supplement; 0 pp | Live
ISBN-10: 013144249X | ISBN-13: 9780131442498
More Info

Other student resources

Websites and Online Courses

Companion Website Plus - Case, 7/E
Case
©2004 | Prentice Hall | On-line Supplement; 0 pp | Live
ISBN-10: 013144249X | ISBN-13: 9780131442498
More Info

Password:

Forgot login/password? | Need to redeem an access code?

We're sorry!

We don't recognize your login or password. Please try again.

If you continue to have problems, try retrieving your login name password or contacting Customer Technical Support.

We're sorry!

The account you used to log in on the previous website does not contain IRC access.
If you have a separate IRC count, please log in using that login name and password.
If you do not have an IRC account, you canrequest access here

close window

Your access will expire soon.

To ensure uninterrupted service, you should renew your access for this site soon.

Renew now or proceed without renewing.

close window

We're sorry!

Your access to the Instructor Resource Center has expired.

To continue using the IRC, renew your access now.

An internal error has occurred. Please try again.

Instructor Resource Center File Download

This work is protected by local and international copyright laws and is provided solely for the use of instructors in teaching their courses and assessing student learning. Dissemination or sale of any part of this work (including on the World Wide Web) will destroy the integrity of the work and is not permitted. The work and materials from this site should never be made available to students except by instructors using the accompanying text in their classes. All recipients of this work are expected to abide by these restrictions and to honor the intended pedagogical purposes and the needs of other instructors who rely on these materials.

Cancel

I accept, proceed with download

Print this content

Pearson Higher Education offers special pricing when you choose to package your text with other student resources. If you're interested in creating a cost-saving package for your students contact your Pearson Higher Education representative.

Principles of Macroeconomics, 7/E