Principles of Macroeconomics 3e (OpenStax Audio Textbook)
David Shapiro
This audiobook is narrated by a digital voice.
The OpenStax Principles of Macroeconomics 3e audio textbook is produced by Audileo, an official OpenStax Technology Partner. The audiobook recording has been created from the July 2024 web version of Principles of Macroeconomics 3e by OpenStax.
Principles of Macroeconomics 3e covers the scope and sequence of most one-semester introductory macroeconomics courses. The third edition takes a balanced approach to the theory and application of macroeconomic concepts. The text uses conversational language and ample illustrations to explore economic theories and provides a wide array of examples using both fictional and real-world scenarios. The third edition has been carefully and thoroughly updated to reflect current data and understanding, as well as to provide a deeper background in diverse contributors and their impacts on economic thought and analysis. For example, the third edition highlights the research and views of a broader group of economists. Brief references and deeply explored socio-political examples have also been updated to showcase the critical – and sometimes unnoticed – ties between economic developments and topics relevant to students.
This is an audio adaptation of Principles of Macroeconomics 3e by OpenStax. You can access the textbook as pdf for free at openstax.org. Minor editorial changes were made to ensure a better listening experience. Textbook content produced by OpenStax is licensed under a Creative Commons Attribution 4.0 International License.
Duration - 22h 44m.
Author - David Shapiro.
Narrator - Digital Voice Maxwell G.
Published Date - Thursday, 09 January 2025.
Copyright - © 2024 Rice University ©.
Location:
United States
Networks:
David Shapiro
Digital Voice Maxwell G
OpenStax Audiobooks
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Description:
This audiobook is narrated by a digital voice. The OpenStax Principles of Macroeconomics 3e audio textbook is produced by Audileo, an official OpenStax Technology Partner. The audiobook recording has been created from the July 2024 web version of Principles of Macroeconomics 3e by OpenStax. Principles of Macroeconomics 3e covers the scope and sequence of most one-semester introductory macroeconomics courses. The third edition takes a balanced approach to the theory and application of macroeconomic concepts. The text uses conversational language and ample illustrations to explore economic theories and provides a wide array of examples using both fictional and real-world scenarios. The third edition has been carefully and thoroughly updated to reflect current data and understanding, as well as to provide a deeper background in diverse contributors and their impacts on economic thought and analysis. For example, the third edition highlights the research and views of a broader group of economists. Brief references and deeply explored socio-political examples have also been updated to showcase the critical – and sometimes unnoticed – ties between economic developments and topics relevant to students. This is an audio adaptation of Principles of Macroeconomics 3e by OpenStax. You can access the textbook as pdf for free at openstax.org. Minor editorial changes were made to ensure a better listening experience. Textbook content produced by OpenStax is licensed under a Creative Commons Attribution 4.0 International License. Duration - 22h 44m. Author - David Shapiro. Narrator - Digital Voice Maxwell G. Published Date - Thursday, 09 January 2025. Copyright - © 2024 Rice University ©.
Language:
English
Opening Credits
Duración:00:00:29
Preface
Duración:00:01:38
Chapter 1: Welcome to Economics
Duración:00:02:53
1.1 What Is Economics, and Why Is It Important?
Duración:00:15:21
1.2 Microeconomics and Macroeconomics
Duración:00:05:53
1.3 How Economists Use Theories and Models to Understand Economic Issues
Duración:00:05:50
1.4 How To Organize Economies: An Overview of Economic Systems
Duración:00:13:31
Chapter 2: Choice in a World of Scarcity
Duración:00:03:59
2.1 How Individuals Make Choices Based on Their Budget Constraint
Duración:00:15:52
2.2 The Production Possibilities Frontier and Social Choices
Duración:00:18:03
2.3 Confronting Objections to the Economic Approach
Duración:00:13:25
Key Terms
Duración:00:02:26
Key Concepts and Summary
Duración:00:03:41
Chapter 3: Demand and Supply
Duración:00:03:24
3.1 Demand, Supply, and Equilibrium in Markets for Goods and Services
Duración:00:13:11
Key Terms
Duración:00:02:26
3.2 Shifts in Demand and Supply for Goods and Services
Duración:00:21:18
Key Concepts and Summary
Duración:00:03:41
3.3 Changes in Equilibrium Price and Quantity: The Four-Step Process
Duración:00:17:02
3.4 Price Ceilings and Price Floors
Duración:00:09:59
3.5 Demand, Supply, and Efficiency
Duración:00:11:58
Chapter 4: Labor and Financial Markets
Duración:00:03:36
4.1 Demand and Supply at Work in Labor Markets
Duración:00:21:23
4.2 Demand and Supply in Financial Markets
Duración:00:14:05
4.3 The Market System as an Efficient Mechanism for Information
Duración:00:07:33
Chapter 5: Elasticity
Duración:00:05:15
5.1 Price Elasticity of Demand and Price Elasticity of Supply
Duración:00:05:18
5.2 Polar Cases of Elasticity and Constant Elasticity
Duración:00:05:07
5.3 Elasticity and Pricing
Duración:00:21:14
5.4 Elasticity in Areas Other Than Price
Duración:00:11:02
Chapter 6: The Macroeconomic Perspective
Duración:00:07:07
6.1 Measuring the Size of the Economy: Gross Domestic Product
Duración:00:19:18
6.2 Adjusting Nominal Values to Real Values
Duración:00:04:57
6.3 Tracking Real GDP over Time
Duración:00:03:27
6.4 Comparing GDP among Countries
Duración:00:05:43
6.5 How Well GDP Measures the Well-Being of Society
Duración:00:10:41
Chapter 7: Economic Growth
Duración:00:04:33
7.1 The Relatively Recent Arrival of Economic Growth
Duración:00:12:34
7.2 Labor Productivity and Economic Growth
Duración:00:13:34
7.3 Components of Economic Growth
Duración:00:17:21
7.4 Economic Convergence
Duración:00:15:33
Chapter 8: Unemployment
Duración:00:04:13
8.1 How Economists Define and Compute Unemployment Rate
Duración:00:11:22
8.2 Patterns of Unemployment
Duración:00:09:32
8.3 What Causes Changes in Unemployment over the Short Run
Duración:00:10:58
8.4 What Causes Changes in Unemployment over the Long Run
Duración:00:26:51
Chapter 9: Inflation
Duración:00:04:54
9.1 Tracking Inflation
Duración:00:11:28
9.2 How to Measure Changes in the Cost of Living
Duración:00:18:17
9.3 How the U.S. and Other Countries Experience Inflation
Duración:00:06:28
9.4 The Confusion Over Inflation
Duración:00:18:18
9.5 Indexing and Its Limitations
Duración:00:11:33
Chapter 10: The International Trade and Capital Flows
Duración:00:05:36
10.1 Measuring Trade Balances
Duración:00:06:44
10.2 Trade Balances in Historical and International Context
Duración:00:02:46
10.3 Trade Balances and Flows of Financial Capital
Duración:00:08:38
10.4 The National Saving and Investment Identity
Duración:00:12:44
10.5 The Pros and Cons of Trade Deficits and Surpluses
Duración:00:09:16
10.6 The Difference between Level of Trade and the Trade Balance
Duración:00:08:04
Chapter 11: The Aggregate Demand/Aggregate Supply Model
Duración:00:04:48
11.1 Macroeconomic Perspectives on Demand and Supply
Duración:00:07:04
11.2 Building a Model of Aggregate Demand and Aggregate Supply
Duración:00:15:00
11.3 Shifts in Aggregate Supply
Duración:00:07:22
11.4 Shifts in Aggregate Demand
Duración:00:12:53
11.5 How the AD/AS Model Incorporates Growth, Unemployment, and Inflation
Duración:00:10:08
11.6 Keynes’ Law and Say’s Law in the AD/AS Model
Duración:00:05:35
Chapter 12: The Keynesian Perspective
Duración:00:03:15
12.1 Aggregate Demand in Keynesian Analysis
Duración:00:10:32
12.2 The Building Blocks of Keynesian Analysis
Duración:00:11:26
12.3 The Phillips Curve
Duración:00:06:41
12.4 The Keynesian Perspective on Market Forces
Duración:00:04:43
Chapter 13: The Neoclassical Perspective
Duración:00:06:32
13.1 The Building Blocks of Neoclassical Analysis
Duración:00:18:46
13.2 The Policy Implications of the Neoclassical Perspective
Duración:00:15:37
13.3 Balancing Keynesian and Neoclassical Models
Duración:00:07:00
Chapter 14: Money and Banking
Duración:00:03:31
14.1 Defining Money by Its Functions
Duración:00:07:15
14.2 Measuring Money: Currency, M1, and M2
Duración:00:07:27
14.3 The Role of Banks
Duración:00:21:32
14.4 How Banks Create Money
Duración:00:11:27
Chapter 15: Monetary Policy and Bank Regulation
Duración:00:03:16
15.1 The Federal Reserve Banking System and Central Banks
Duración:00:07:39
15.2 Bank Regulation
Duración:00:10:45
15.3 How a Central Bank Executes Monetary Policy
Duración:00:23:48
15.4 Monetary Policy and Economic Outcomes
Duración:00:13:24
15.5 Pitfalls for Monetary Policy
Duración:00:25:22
Chapter 16: Exchange Rates and International Capital Flows
Duración:00:04:13
16.1 How the Foreign Exchange Market Works
Duración:00:25:38
16.2 Demand and Supply Shifts in Foreign Exchange Markets
Duración:00:11:48
16.3 Macroeconomic Effects of Exchange Rates
Duración:00:08:54
16.4 Exchange Rate Policies
Duración:00:20:53
Chapter 17: Government Budgets and Fiscal Policy
Duración:00:03:59
17.1 Government Spending
Duración:00:08:21
17.2 Taxation
Duración:00:07:39
17.3 Federal Deficits and the National Debt
Duración:00:09:21
17.4 Using Fiscal Policy to Fight Recession, Unemployment, and Inflation
Duración:00:11:05
17.5 Automatic Stabilizers
Duración:00:08:46
17.6 Practical Problems with Discretionary Fiscal Policy
Duración:00:13:41
17.7 The Question of a Balanced Budget
Duración:00:05:04
Chapter 18: The Impacts of Government Borrowing
Duración:00:03:56
18.1 How Government Borrowing Affects Investment and the Trade Balance
Duración:00:07:37
18.2 Fiscal Policy and the Trade Balance
Duración:00:13:48
18.3 How Government Borrowing Affects Private Saving
Duración:00:03:58
18.4 Fiscal Policy, Investment, and Economic Growth
Duración:00:18:51
Chapter 19: Macroeconomic Policy Around the World
Duración:00:03:57
19.1 The Diversity of Countries and Economies across the World
Duración:00:08:53
19.2 Improving Countries’ Standards of Living
Duración:00:18:06
19.3 Causes of Unemployment around the World
Duración:00:08:05
19.4 Causes of Inflation in Various Countries and Regions
Duración:00:04:36
19.5 Balance of Trade Concerns
Duración:00:18:07
Chapter 20: International Trade
Duración:00:04:43
20.1 Absolute and Comparative Advantage
Duración:00:14:08
20.2 What Happens When a Country Has an Absolute Advantage in All Goods
Duración:00:11:25
20.3 Intra-industry Trade between Similar Economies
Duración:00:09:35
20.4 The Benefits of Reducing Barriers to International Trade
Duración:00:06:24
Chapter 21: Globalization and Protectionism
Duración:00:04:05
21.1 Protectionism: An Indirect Subsidy from Consumers to Producers
Duración:00:19:00
21.2 International Trade and Its Effects on Jobs, Wages, and Working Conditions
Duración:00:13:54
21.3 Arguments in Support of Restricting Imports
Duración:00:25:01
21.4 How Governments Enact Trade Policy: Globally, Regionally, and Nationally
Duración:00:10:26
21.5 The Tradeoffs of Trade Policy
Duración:00:06:49
Closing Credits
Duración:00:00:12