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Achieve for Macroeconomics: Principles for a Changing World (1-Term Online)
Fifth Edition| ©2020New Edition Available Eric Chiang
With this edition, Eric Chiang continues to link economics concepts to topics of personal interest to students. The new edition is a thoroughly contemporary, fully integrated print/technology resource that adapts to the way you want to teach. As always, this concise book focuses on the topics mos...
With this edition, Eric Chiang continues to link economics concepts to topics of personal interest to students. The new edition is a thoroughly contemporary, fully integrated print/technology resource that adapts to the way you want to teach. As always, this concise book focuses on the topics most often covered in the principles course, but with this edition, it offers a stronger emphasis than ever on helping students apply an economic way of thinking to the overwhelming flow of data we face every day.
Macroeconomics: Principles for a Changing World is fully informed by Eric Chiang’s experiences teaching thousands of students worldwide, both in person and online. Developing the text, art, media, homework, and ancillaries simultaneously, Chiang translates these experiences into a cohesive approach that embodies the book’s founding principles:
- To use technology as a tool for learning—before lectures, during class, when doing homework, and at exam time.
- To help students harness the data literacy they’ll need as consumers of economic information.

Building students’ love of (and confidence in!) economics
With this edition, Eric Chiang continues to link economics concepts to topics of personal interest to students. The new edition is a thoroughly contemporary, fully integrated print/technology resource that adapts to the way you want to teach. As always, this concise book focuses on the topics most often covered in the principles course, but with this edition, it offers a stronger emphasis than ever on helping students apply an economic way of thinking to the overwhelming flow of data we face every day.
Macroeconomics: Principles for a Changing World is fully informed by Eric Chiang’s experiences teaching thousands of students worldwide, both in person and online. Developing the text, art, media, homework, and ancillaries simultaneously, Chiang translates these experiences into a cohesive approach that embodies the book’s founding principles:
- To use technology as a tool for learning—before lectures, during class, when doing homework, and at exam time.
- To help students harness the data literacy they’ll need as consumers of economic information.
Features
Technology as a Tool for Success
Macroeconomics: Principles for a Changing World, Fifth Edition takes full advantage of the possibilities of interactive learning with customization media options
Data Literacy
Data can be used (or misused) to support any number of stories and arguments. Eric Chiang emphasizes data literacy throughout the book, especially with the reconceptualized By the Numbers infographics (with questions for review as well as application), which help students read data and evaluate the economic news they encounter in daily life.
Global Perspective
Most principles texts simply seek to provide an international context for economic principles. Eric Chiang’s Around the World feature goes further, helping students recognize that people all over the world face many of the same economic problems, yet seek to solve these problems in different ways.
Seamless Connection Between the Author, the Text, and the Technology
Ordinarily with textbooks, authors write the chapters, then make decisions about art and images, then assemble a test bank and ancillaries. For Macroeconomics: Principles for a Changing World, Fifth Edition, Eric Chiang writes the text, develops the visual program, and puts together ancillary and homework resources simultaneously. These threads come together for a complete learning program, with every element integrated by the author himself.
New to This Edition
Enhanced Presentation of Three Integrated Themes—Technology, Data Literacy, and Global Perspective.
Each chapter of Macroeconomics: Principles for a Changing World now features:
- An Eric Chiang video on an important, from-the-headlines topic relevant to the chapter, such as healthcare and the Affordable Care Act
- By the Numbers infographics, completely reconceptualized for this edition, both reinforce the importance of data literacy and get students to practice it
- Around the World features with activities in LaunchPad to give students a global perspective on economic issues
- A+ Rated Coverage of Sustainability updated in Chapter 13, Externalities and Public Goods, and now extended to Chapter 4, Markets and Government
- Wholly Revised Coverage of the Absolute and Comparative Advantage, Gains from Trade, and Effects of Tariffs and Quotas in Chapter 26, International Trade

Achieve for Macroeconomics: Principles for a Changing World (1-Term Online)
Fifth Edition| ©2020
Eric Chiang
Digital Options

Achieve for Macroeconomics: Principles for a Changing World (1-Term Online)
Fifth Edition| 2020
Eric Chiang
Table of Contents
1. Exploring Economics2. Production, Economic Growth, and Trade
3. Supply and Demand
4. Markets and Government
5. Introduction to Macroeconomics
6. Measuring Inflation and Unemployment
7. Economic Growth
8. Aggregate Expenditures
9. Aggregate Demand and Supply
10. Fiscal Policy and Debt
11. Saving, Investment, and the Financial System
12. Money Creation and the Federal Reserve
13. Monetary Policy
14. Macroeconomic Policy: Challenges in a Global Economy
15. International Trade
16. Open Economy Macroeconomics

Achieve for Macroeconomics: Principles for a Changing World (1-Term Online)
Fifth Edition| 2020
Eric Chiang
Authors

Eric Chiang
In 2009 Eric was the recipient of Florida Atlantic University’s highest teaching honor, the Distinguished Teacher of the Year Award. Among numerous other teaching awards, he also was named the Stewart Distinguished Professor at the College of Business. He has written over 35 articles in peer-reviewed journals on a range of subjects, including technology spillovers, intellectual property rights, telecommunications, and health care. His research has appeared in leading journals, including the Review of Economics and Statistics, Journal of Technology Transfer, and Southern Economic Journal. He is a frequent presenter at major economics conferences and at universities across the country and around the world.
As an instructor who teaches both face-to-face and online courses, Eric uses a variety of technological tools, including clickers, Web-based polling, lecture capture, and homework management systems to complement his active-learning-style lectures. As an administrator in the College of Business, Eric’s role as director of instructional technology involves assisting instructors with effectively implementing classroom technologies. In this position, Eric also ensures that the quality of online courses meets accreditation standards, including those set by the Association to Advance Collegiate Schools of Business (AACSB).
In addition to his dedication to teaching economic principles and his administrative duties, Eric devotes time to new research in economic education. His current research focuses on student learning outcomes in economics education based on the different methods of instruction in use today. The fifth edition of Economics: Principles for a Changing World embodies Eric’s devotion to economics education and the benefits of adapting to the new, often creative ways in which students learn and instructors teach.
In his spare time, Eric enjoys studying cultures and languages. He has visited all fifty U.S. states and over eighty countries, often taking long jogs in the cities he visits to experience local life to the fullest. A more quirky fact: Eric is a professional mini-golf player, having competed in both the Pro Mini Golf U.S. Open and Masters tournaments. In 2019, he was a contestant on ABC’s extreme mini-golf game show Holey Moley.

Achieve for Macroeconomics: Principles for a Changing World (1-Term Online)
Fifth Edition| 2020
Eric Chiang
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Eric Chiang | Fifth Edition | ©2020 | ISBN:9781319263942
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Achieve for Macroeconomics: Principles for a Changing World (1-Term Online)
Fifth Edition| 2020
Eric Chiang
Related Titles

Achieve for Macroeconomics: Principles for a Changing World (1-Term Online)
Fifth Edition| 2020
Eric Chiang
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