About This Book

About this Book

Principles of Macroeconomics helps students understand macroeconomic activity measures such as Gross Domestic Product, Unemployment, and Inflation. It discusses the factors that result in growth in the economy. The book uses data and graphs for students to see the implications of these theories on our economy. The textbook uses economic models to determine equilibrium in an economy and explain what causes fluctuations in economic activity. It also describes fiscal and monetary policy tools and evaluates their relative effectiveness on the Canadian economy, outlining the Government’s and Bank of Canada’s roles in stabilizing the economy.

Features

    • Key terms are highlighted(bolded) within the text and appear in the list of the key terms at the end of each chapter.
    • PowerPoint slide decks can be found in the Ancillary Resources section.

Accessibility Statement

We are actively committed to increasing the accessibility and usability of the textbooks we produce. Every attempt has been made to make this OER accessible to all learners and is compatible with assistive and adaptive technologies. We have attempted to provide closed captions, alternative text, or multiple formats for on-screen and offline access.

The web version of this resource has been designed to meet Web Content Accessibility Guidelines 2.0, level AA. In addition, it follows all guidelines in Appendix A: Checklist for Accessibility of the Accessibility Toolkit – 2nd Edition.

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License

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Principles of Macroeconomics Copyright © 2023 by Sharmistha Nag is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License, except where otherwise noted.