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AP® Macroeconomics is hard. Krugman’s Macroeconomics for the AP® Course, third edition was created to help you solve the economics puzzle. Assembled by AP® experts and divided into short modules, the organization, language, and emphasis perfectly mirrors College Board’s curriculum framewor...
AP® Macroeconomics is hard. Krugman’s Macroeconomics for the AP® Course, third edition was created to help you solve the economics puzzle. Assembled by AP® experts and divided into short modules, the organization, language, and emphasis perfectly mirrors College Board’s curriculum framework. This dedication to the AP® courses keeps students and teachers on track to realize success on the AP® exam.
ISBN:9781319114350
Read and study old-school with our bound texts.
The perfect fit for the AP® Macroeconomics course
AP® Macroeconomics is hard. Krugman’s Macroeconomics for the AP® Course, third edition was created to help you solve the economics puzzle. Assembled by AP® experts and divided into short modules, the organization, language, and emphasis perfectly mirrors College Board’s curriculum framework. This dedication to the AP® courses keeps students and teachers on track to realize success on the AP® exam.
Features
NEW TO THE THIRD EDITION:
SaplingPlus is a new digital solution that combines LearningCurve adaptive quizzing with an integrated e-book, robust online homework, and access to all student and teacher resources in one accessible place.
NEW! Adventures in Economics Videos
Co-Author Dave Anderson, has created short, entertaining videos that review the most important models and concepts in the AP® Macroeconomics course. Referenced at the relevant point in the textbook, students are encouraged to watch the video and complete the companion worksheet to make sure they fully understand these fundamental concepts.
REVISED! Section Review Videos
These section-ending videos help students bring the key concepts together. Emphasis is given to graphing, key economic models, and vocabulary.
INTEGRATED! Economics by Example
Previously supplied in a separate textbook, Dave Anderson’s short, engaging stories explaining each section’s key concepts are now included in the text. Each section concludes with an engaging, narrative review of the main ideas. Critical Thinking questions encourage reflection and debate.
Hallmark Features
Expert AP® Author Team
Margaret Ray and David Anderson bring to the text a combined 40 years of experience with AP® Economics students and teachers. Having graded thousands of AP® exams and worked with hundreds of AP® teachers, they bring a depth of understanding about how to bring economic understanding to high school students and to empower High School teachers.
Alignment to the AP® Topic Outline and Terminology
Because it closely aligns to the AP® exam course content and vocabulary, this book helps students learn the material and terminology necessary to succeed on the AP® exam.
AP® Organization—Flexible Modular Approach
This text is arranged in sections that correspond to the AP® topic outline, with each section divided into four to seven modules. These short modules make for more manageable reading for students and easier pacing for teachers.
More Support for the AP® Exam
New to This Edition
"... My favorite piece of this publication is the question section and your ability to craft AP®-like questions to offer insights into what students may face on the test. I offer my sincerest gratitude for crafting such a textbook that should be the standard for how all texts are to be written."
— Ryan Oto, Lakeville North High School (WI)*"[Krugman’s AP® textbook] is user friendly - short modules instead of 30 page chapters with great illustrations and really good ancillary materials. My kids really liked the way the book is organized - they said it made so much sense and was easy to use."
— Janis Brewer, North County High School (MA)*
Krugman's Macroeconomics for the AP® Course
Third Edition| ©2019
Margaret Ray; David Anderson
Achieve is a comprehensive set of interconnected teaching and assessment tools that incorporate the most effective elements from Macmillan Learning's market leading solutions in a single, easy-to-use platform.
Krugman's Macroeconomics for the AP® Course
Third Edition| 2019
Margaret Ray; David Anderson
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
AppendixGraphs in Economics
Economics by Example: What
Section 2 Supply and Demand
Module 5 Supply and Demand: Introduction and Demand
Module 6 Supply and Demand: Supply
Module 7 Supply and Demand: Equilibrium
Module 8 Supply and Demand: Price Controls (Ceilings and Floors)
Module 9 Supply and Demand: Quantity Controls
Economics by Example: The Coffee Market
Section 3 Measurement of Economic Performance
Module 10 The Circular Flow 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
Economics by Example: How Can GDP Be UP When We
Section 4 National Income and Price Determination
Module 16 Income and Expenditure
Module 17 Aggregate Demand: Introduction and Determinants
Module 18 Aggregate Supply: Introduction and Determinants
Module 19 Equilibrium in the Aggregate Demand
Module 20 Economic Policy and the Aggregate Demand
Module 21 Fiscal Policy and Multiplier Effects
Economics by Example: How Much Debt is Too Much Debt
Section 5 The Financial Sector
Module 22 Saving, Investment, and the Financial System
Module 23 The 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
Economics by Example: How Should We Wield the Tool of Monetary Policy?
Section 6 Inflation, Unemployment, and Stabilization Policies
Module 30Long-Run Implications of Fiscal Policy: Deficits and the Public Debt
Module 31Monetary Policy and the Interest Rate
Module 32Money, Output, and Prices in the Long Run
Module 33Types of Inflation, Disinflation, and Deflation
Module 34Inflation and Unemployment: The Phillips Curve
Module 35History and Alternative Views of Macroeconomics
Module 36Consensus and Conflict in Modern Macroeconomics
Economics by Example: Will Technology Put Everyone Out of Work? Unemployment, Creative Destruction, and Quality of Life
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 Economics by Example: Why Are Some Countries Rich and Others Poor? Growth Models, Miracles, and the Determinants ofEconomic Development
Section 8 The 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 and Macroeconomic Policy
Module 44 Barriers to Trade
Module 45 Putting It All Together
Economics by Example: Is Globalization a Bad Word? Comparative Advantage, Culture Clashes, and International Organizations
AP Practice Exam
Enrichment Modules
Module A:Financial Markets and Crises
Financial Literacy Handbook
Glossary/Glosario
Index
Krugman's Macroeconomics for the AP® Course
Third Edition| 2019
Margaret Ray; David Anderson
Margaret Ray teaches economics at both the university and high school levels. She is an AP® Economics instructor for Johns Hopkins University’s Center for Talented Youth and is a member of the economics department faculty at Texas A&M University in College Station, Texas. She received her BS in economics from Oklahoma State University and her PhD in economics from the University of Tennessee. In 2012, she received her MEd in curriculum and instruction and became certified to teach K–12 social studies. She has taught AP® Economics at several high schools in Virginia and has received the Council on Economic Education’s Excellence in Teaching Economics award. 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 editing the Council on Economic Education’s AP® Macroeconomics resource. She has been a College Board® Endorsed Consultant for economics since 2001, and she conducts several professional development workshops and institutes each year. Her favorite hobby is showing hunter-jumper horses adopted from bracehorse rescue organizations. She lives on a small farm in central Texas.
David 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 has been involved in the AP® Economics program since 1994. For five years he led the grading of one or both of the AP® Economics exams, and he speaks regularly at AP® conferences and workshops. He has authored dozens of scholarly articles and 15 books, including Survey of Economics, Explorations in Economics, Cracking the AP® Economics Exam, Economics by Example, Favorite Ways to Learn Economics, and Environmental Economics and Natural Resource Management. His research is primarily on economic education, environmental economics, law and economics, and labor economics. Anderson loves teaching introductory economics and has won awards for excellence and innovation in the classroom. His favorite hobby is running, and he competes in marathons and triathlons. His family resides in Danville, Kentucky.
David 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 has been involved in the AP® Economics programs for more than two decades. For five years he led the grading of one or both of the AP® Economics exams, and he speaks regularly at AP® conferences and workshops. He has authored dozens of scholarly articles and 15 books, including Explorations in Economics, Survey of Economics, Cracking the AP® Economics Exam, Economics by Example, Favorite Ways to Learn Economics, and Environmental Economics and Natural Resource Management . His research is primarily on economic education, environmental economics, law and economics, and labor economics. Anderson loves teaching introductory economics and has won awards for excellence and innovation in the classroom. His favorite hobby is running, and he competes in marathons and triathlons. He lives in Danville, Kentucky, with his wife and two children.
Krugman's Macroeconomics for the AP® Course
Third Edition| 2019
Margaret Ray; David Anderson
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Krugman's Macroeconomics for the AP® Course
Third Edition| 2019
Margaret Ray; David Anderson
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