Find Your Rep

Enter your institution's zip code to contact your representative:

Second Edition   ©2012

Modern Principles: Macroeconomics

Tyler Cowen , Alex Tabarrok

  • ISBN-10: 1-4292-3998-0
  • ISBN-13: 978-1-4292-3998-1
  • Paper Text , 512 pages

New edition available »

Student Options


  • Modern Principles: Macroeconomics (9781429239981)

    Paper Text

  • Modern Principles of Macroeconomics & LaunchPad 6 month access card (9781464188701)

    LaunchPad + Paper Text

  • Modern Principles of Macroeconomics (Loose Leaf) (9781429292702)

    Loose Leaf Sheets

  • Modern Principles of Macroeconomics (Loose Leaf) & LaunchPad Six Month Access Card (9781464188671)

    LaunchPad + Loose Leaf Sheets

  • LaunchPad for Cowen's Modern Principles of Macroeconomics (6 month access) (9781464186578)


All Student Options »
Go to Student Site »
First Day of Class »
1. The Big Ideas
2. The Power of Trade and Comparative Advantage
Supply and Demand
3. Supply and Demand
4. Equilibrium: How Supply and Demand Determine Prices
5. Price Ceilings and Price Floors   
Economic Growth
6. GDP and The Measurement of Progress
7. The Wealth of Nations and Economic Growth
Appendix: The Magic of Compound Growth: Using a Spreadsheet
8. Growth, Capital Accumulation and the Economics of Ideas: Catching Up vs. The Cutting Edge
Appendix: Excellent Growth
9. Savings, Investment, and the Financial System
Appendix: Bond Pricing and Arbitrage
10. Stock Markets and Personal Finance 
Business Fluctuations
11. Unemployment and Labor Force Participation
12. Inflation and the Quantity Theory of Money
Appendix: Get Real! An Excellent Adventure
13. Business Fluctuations: Aggregate Demand and Supply
14. Transmission and Amplification Mechanisms
Appendix: Business Fluctuations and the Solow Model
Macroeconomic Policy and Institutions
15. The Federal Reserve System and Open Market Operations
Appendix: The Money Multiplier Process in Detail
16. Monetary Policy
17. The Federal Budget: Taxes and Spending
18. Fiscal Policy
International Economics
19. International Trade
20. International Finance
21. Political Economy and Public Choice