Introduction Macroeconomic Policy

Introduction Macroeconomic Policy

  • Paperback
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Description

This textbook is a policy-based introduction to macroeconomics designed for economics students and non-specialists alike, the explanation being verbal and geometric with little recourse to formal mathematics. This fourth edition has been fully revised and updated and contains a new chapter on international trade, comparative advantage and protectionism. There are further new chapters on the IS-LM model, and recent developments in progress towards European Monetary Union are also incorporated. The work aims to appeal to business, MBA and management, and political science students who require a policy-based perspective.show more

Product details

  • Paperback | 352 pages
  • 156 x 236 x 18mm | 988g
  • Pearson Education Limited
  • Prentice-Hall
  • Harlow, United Kingdom
  • 4th edition
  • 0745014313
  • 9780745014319

Table of contents

National income determination; financial institutions; the role of money; the IS-LM model for a closed economy; international trade; relationships with the rest of the world; the IS-LM model for an open economy; inflation; objectives of macroeconomic policy; problems of stabilization policy; demand management - fiscal policy; demand management - monetary policy; expenditure switching policies; prices and incomes policy; indexation; supply management policies; the international monetary system; conclusion and debate.show more