Macroeconomics : United States Edition
Intended for undergraduate courses in intermediate macroeconomics. This well-known author seamlessly integrates real world applications with theory. Presenting material in three basic forms-words, graphs, and with algebra. Students are able to clearly understand the material. Current events are consistently used to explain macroeconomic theory throughout the text. International material is completely integrated throughout the text.
- Hardback | 624 pages
- 213.36 x 261.62 x 40.64mm | 1,202.01g
- 20 Dec 1999
- Pearson Education (US)
- United States
- 2nd edition
Table of contents
A Tour of the World. A Tour of the Book. The Goods Market. The Goods Market Dynamics. Financial Markets. Goods and Financial Markets: The IS-LM. Expectations: The Basic Tools. Expectations: Consumption and Investment. Financial Markets and Expectations. Expectations: Policy, and Output. Openness in Goods and Financial Markets. The Goods Market in an Open Economy. Output, the Interest Rate, and the Exchange Rate. Expectations, Exchange Rate Movements, and Exchange Rate Crises. The Labor Market. Putting All Markets Together. The Phillips Curve. Inflation, Disinflation, and Unemployment. Inflation, Interest Rates, and Exchange Rates. Pathologies I: High Unemployment. Pathologies II: High Inflation. The Facts of Growth. Saving, Capital Accumulation and Output. Technological Progress and Growth. Technological Progress, Unemployment and Wages. Transition in Eastern Europe. Should Policy Makers be Restrained? Monetary Policy: A Summing Up. Fiscal Policy: A Summing Up. The Story of Macroeconomics. Appendices. Where to Find Numbers. National Income and Product Accounts. A Math Refresher.