Principles of Macroeconomics
Edition: 1
Copyright: 2026
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$139.00 USD
Principles of Macroeconomics provides students with a foundation for understanding how economies function at the national and global levels. The textbook examines key economic indicators such as gross domestic product (GDP), inflation, unemployment and economic growth while explaining how these measures reflect overall economic performance. Students learn how households, businesses, governments and international markets interact to influence economic outcomes. The book also explores the roles of fiscal and monetary policy in promoting economic stability, growth and employment. Through real-world examples and contemporary issues, the book helps students develop the analytical skills needed to evaluate economic events and public policy decisions.
Chapter 1 Economics
Chapter 2 Efficiency
Chapter 3 Demand & Supply
Chapter 4 Market Efficiency
Chapter 5 Government in the Economy
Chapter 6 Measuring the Economy
Chapter 7 Economic Growth
Chapter 8 Social and Economic Development
Chapter 9 Unemployment
Chapter 10 Inflation
Chapter 11 AD/AS Model
Chapter 12 Economic Globalization
Chapter13 Economic Crises
Chapter 14 Fiscal Policies
Chapter 15 Monetary Policies
Charles Kahn is Professor Emeritus of Finance at The University of Illinois Urbana-Champaign with a Ph.D. in Economics from Harvard University (1981). His research focuses on the economics of information and uncertainty, particularly the application of contract theory and incentives to banking and financial intermediation. He has served as a Houblon-Norman Fellow at the Bank of England and is a visiting scholar at the Federal Reserve Bank of Chicago. His academic interests include finance, economics, banking, and financial systems.