Krugman's Macroeconomics for AP* combines the successful storytelling, vivid examples, and clear explanations of Paul Krugman and Robin Wells with the AP* expertise of Margaret Ray and David Anderson, resulting in an engaging approach and captivating writing with content based on The College Board's AP Economics Course outline.
Section
1. Basic Economic Concepts Module
1. The Study of Economics.-
Module 2 Introduction to Macroeconomics.- Module
3. The Production
Possibilities Curve Model.- Module
4. Comparative Advantage and Trade.-
Appendix: Graphs in Economics .- Section
2. Supply and Demand Module
5.
Supply and Demand: Introduction and Demand.- Module
6. Supply and Demand:
Supply and Equilibrium.- Module
7. Supply and Demand: Changes in Supply and
Demand.- Module
8. Supply and Demand: Price Controls (Ceilings and Floors).-
Module
9. Supply and Demand: Quantity Controls Section
3. Measurement of
Economic Performance.- Module
10. The Circular Flow Model and Gross Domestic
Product.- Module
11. Interpreting Real Gross Domestic Product.- Module
12.
The Meaning and Calculation of Unemployment.- Module
13. The Causes and
Categories of Unemployment.- Module
14. Inflation: An Overview.- Module
15.
The Measurement and Calculation of Inflation .- Section
4. National Income
and Price Determination.- Module
16. Income and Expenditures.- Module
17.
Aggregate Demand: Introduction and Determinants.- Module
18. Aggregate
Supply: Introduction and Determinants .- Module
19. Equilibrium in the
Aggregate Demand/Aggregate Supply Model.- Module
20. Economic Policy and the
Aggregate Demand/Aggregate Supply Model.- Module
21. Fiscal Policy and the
Multiplier Section
5. Financial Sector.- Module
22. Saving, Investment and
the Financial System .- Module
23. Definition and Measurement of Money.-
Module
24. The Time Value of Money.- Module
25. Banking and Money Creation.-
Module
26. The Federal Reserve System: History and Structure.- Module
27. The
Federal Reserve System: Monetary Policy.- Module
28. The Money Market.-
Module
29. The Market for Loanable Funds .- Section
6. Inflation,
Unemployment and Stabilization Policies.- Module
30. Long-run Implications of
Fiscal Policy: Deficits and the Debt.- Module
31. Monetary Policy and the
Interest Rate.- Module
32. Money, Output, and Prices in the Long Run.- Module
33. Types of Inflation, Disinflation, and Deflation.- Module
34. Inflation
and Unemployment: The Phillips Curve.- Module
35. History and Alternative
Views of Macroeconomics.- Module
36. The Modern Macroeconomic Consensus .-
Section
7. Economic Growth and Productivity.- Module
37. Long-run Economic
Growth.- Module
38. Productivity and Growth.- Module
39. Growth Policy: Why
Economic Growth Rates Differ.- Module
40. Economic Growth in Macroeconomic
Models Section
8. Open Economy: International Trade and Finance Module 41
Capital Flows and the Balance of Payments.- Module 42 The Foreign Exchange
Market.- Module 43 Exchange Rate Policy.- Module 44 Exchange Rates and
Macroeconomic Policy.- Module 45 Putting it All Together.
Margaret Ray is Professor of Economics at the University of Mary Washington, where she specializes in teaching introductory economics. She received her BS in Economics from Oklahoma State University and her PhD in Economics from the University of Tennessee. Her research is primarily in the areas of economic education and equine industry economics. In 2003 she taught AP economics at Collegiate School in Virginia. Ray received the National Council on Economic Education's Excellence in Teaching Economics award in 1991. She has been involved in the AP Economics program since 1992, serving as a reader and question leader, writing test items, overseeing the AP course audit, writing College Board 'Special Focus' articles, and contributing activities to the National Council on Economic Education's AP Economics resource. She has been a College Board Endorsed Consultant for economics since 2001 and she conducts several professional development workshops and institutes each year. She currently serves on the Steering Committee for the College Board's AP National Conference.
David A. Anderson is the Paul G. Blazer Professor of Economics at Centre College. He received his BA in Economics from the University of Michigan and his MA and PhD in Economics from Duke University. Anderson is a leading authority on AP Economics and speaks regularly at the National AP Economics Teacher Conference, the National AP Conference, and regional AP Economics workshops. He has authored dozens of scholarly articles and ten books, including Cracking the AP Economics Exam, Favorite Ways to Learn Economics, Environmental Economics and Natural Resource Management, Contemporary Economics for Managers, Treading Lightly, and Economics by Example. His research is primarily on economic education, environmental economics, law and economics, and labor economics. Anderson teaches courses in each of these fields and loves teaching introductory economics. He lives in Danville, Kentucky, with his wife and two children.
