Economics Principles - Macro Economics · International Economics: Macro Economics

Author: Carl E. Kays
Publisher:
Publish Date: 2003-06-01
Features: This book is suitable for first- and second-year undergraduate students of economics and management majors in higher education institutions, as well as for a broad readership of economics enthusiasts. It is divided into three parts: Microeconomics, Macroeconomics, and International Economics, covering almost all the fundamental principles of economics. One of its main features is the organic integration of basic economic theories, real-life examples, and policy issues, making it vivid and detailed, and highly suitable as an introductory economics textbook for undergraduates. Co-authored by Professor Kays of Wellesley College and Professor Phael of Yale University, Principles of Economics is one of the widely adopted economics textbooks in U.S. universities, with over 1 million students having used it domestically. Both authors hold Ph.D. degrees in economics from Harvard University and the Massachusetts Institute of Technology, respectively, and are renowned economists. The book is divided into two volumes, with microeconomics forming the first volume and macroeconomics and international economics forming the second volume. The second volume consists of 17 chapters, which introduce the fundamental theories of macroeconomics and international economics in extremely simple and easy-to-understand language. It elaborates on the concepts of macroeconomics, macroeconomic analysis, and numerous issues in the world economy through abundant empirical materials and rich illustrations.