Principles of Macroeconomics 2e covers the scope and sequence of most introductory …
Principles of Macroeconomics 2e covers the scope and sequence of most introductory economics courses. The text includes many current examples, which are handled in a politically equitable way. The outcome is a balanced approach to the theory and application of economics concepts. The second edition has been thoroughly revised to increase clarity, update data and current event impacts, and incorporate the feedback from many reviewers and adopters. Changes made in Principles of Macroeconomics 2e are described in the preface and the transition guide to help instructors transition to the second edition. The first edition of Principles of Macroeconomics by OpenStax is available in web view here.
By the end of this section, you will be able to: Explain …
By the end of this section, you will be able to:
Explain and analyze various arguments that are in support of restricting imports, including the infant industry argument, the anti-dumping argument, the environmental protection argument, the unsafe consumer products argument, and the national interest argument Explain dumping and race to the bottom Evaluate the significance of countries’ perceptions on the benefits of growing trade
By the end of this section, you will be able to: Explain …
By the end of this section, you will be able to:
Explain the origin and role of the World Trade Organization (WTO) and General Agreement on Tariffs and Trade (GATT) Discuss the significance and provide examples of regional trading agreements Analyze trade policy at the national level Evaluate long-term trends in barriers to trade
By the end of this section, you will be able to: Explain …
By the end of this section, you will be able to:
Explain protectionism and its three main forms Analyze protectionism through concepts of demand and supply, noting its effects on equilibrium Calculate the effects of trade barriers
No restrictions on your remixing, redistributing, or making derivative works. Give credit to the author, as required.
Your remixing, redistributing, or making derivatives works comes with some restrictions, including how it is shared.
Your redistributing comes with some restrictions. Do not remix or make derivative works.
Most restrictive license type. Prohibits most uses, sharing, and any changes.
Copyrighted materials, available under Fair Use and the TEACH Act for US-based educators, or other custom arrangements. Go to the resource provider to see their individual restrictions.
