Michael Parkin is Professor Emeritus in the Department of Economics at the University of Western Ontario, Canada. Professor Parkin has held faculty appointments at Brown University, the University of Manchester, the University of Essex, and Bond University. He is a past president of the Canadian Economics Association and has served on the editorial boards of the American Economic Review and the Journal of Monetary Economics and as managing editor of the Canadian Journal of Economics. Professor Parkin's research on macroeconomics, monetary economics, and international economics has resulted in over 160 publications in journals and edited volumes, including the American Economic Review, the Journal of Political Economy, the Review of Economic Studies, the Journal of Monetary Economics, and the Journal of Money, Credit and Banking. He became most visible to the public with his work on inflation that discredited the use of wage and price controls. Michael Parkin also spearheaded the movement toward European monetary union. Professor Parkin is an experienced and dedicated teacher of introductory economics.
Parkin, Macroeconomics, 10e
Brief Table of Contents
PART ONE
INTRODUCTION
CHAPTER 1 What Is Economics?
CHAPTER 2 The Economic Problem
CHAPTER 3 Demand and Supply
PART TWO
MONITORING MACROECONOMIC PERFORMANCE
CHAPTER 4 Measuring GDP and Economic Growth
CHAPTER 5 Monitoring Jobs and Inflation
PART THREE
MACROECONOMIC TRENDS
CHAPTER 6 Economic Growth
CHAPTER 7 Finance, Saving, and Investment
CHAPTER 8 Money, the Price Level, and Inflation
CHAPTER 9 The Exchange Rate and the Balance of Payments
PART FOUR
MACROECONOMIC FLUCTUATIONS
CHAPTER 10 Aggregate Supply and Aggregate Demand
CHAPTER 11 Expenditure Multipliers: The Keynesian Model
CHAPTER 12 U.S. Inflation, Unemployment, and Business Cycle
PART FIVE
MACROECONOMIC POLICY
CHAPTER 13 Fiscal Policy
CHAPTER 14 Monetary Policy
CHAPTER 15 International Trade Policy