Macroeconomics, Global Edition
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Macroeconomics, Global Edition

Macroeconomics, Global Edition


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About the Book

For courses in Intermediate Macroeconomics. Macroeconomics traces the history, evolution, and challenges of Keynesian economics, presenting a comprehensive, detailed, and unbiased view of modern macroeconomic theory. This book narrates the evolution of economic theory, presenting the most recent and modern developments, without glossing over the fundamental disagreements among macroeconomists on both theory and policy. Major theories are presented and compared. Important agreements and differences are discussed. Demonstrations of the controversies are presented, which centre on well-defined theoretical differences. Many of the post-1970 developments in macroeconomics have been the result of dissatisfaction with the Keynesian theory and the policy prescriptions that follow from it. In order for students to understand the evolution of macroeconomics, the author presents the history of Keynesian thought by: Providing an up-to-date summary of the Keynesian position, including research that has come to be called the new Keynesian economics. Offering a detailed analysis of challenges to the Keynesian position.

Table of Contents:
PART ONE: INTRODUCTION AND MEASUREMENT  Chapter 1: Introduction  Chapter 2: Measurement of Macroeconomic Variables PART TWO: CLASSICAL ECONOMICS AND THE KEYNESIAN REVOLUTION  Chapter 3: Classical Macroeconomics (I): Equilibrium Output and Employment  Chapter 4: Classical Macroeconomics (II): Money, Prices, and Interest  Chapter 5: The Keynesian System (I):The Role of Aggregate Demand  Chapter 6: The Keynesian System (II): Money, Interest, and Income  Chapter 7: The Keynesian System (III): Policy Effects in the IS—LM Model  Chapter 8: The Keynesian System (IV): Aggregate Supply and Demand  PART THREE: MACROECONOMIC THEORY AFTER KEYNES  Chapter 9: The Monetarist Counterrevolution  Chapter 10: Output, Inflation, and Unemployment: Alternative Views  Chapter 11: New Classical Economics  Chapter 12: Real Business Cycles and New Keynesian Economics  Chapter 13: Macroeconomic Models :A Summary  PART FOUR: OPEN ECONOMY MACROECONOMICS  Chapter 14: Exchange Rates and the International Monetary System  Chapter 15: Monetary and Fiscal Policy in the Open Economy  PART FIVE: ECONOMIC POLICY  Chapter 16: Money, the Banking System, and Interest Rates  Chapter 17: Optimal Monetary Policy  Chapter 18: Fiscal Policy  PART SIX: ECONOMIC GROWTH  Chapter 19: Policies for Intermediate-Run Growth  Chapter 20: Long-Run Economic Growth: Origins of the Wealth of Nations 


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Product Details
  • ISBN-13: 9780273765981
  • Publisher: Pearson Education Limited
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Weight: 920 gr
  • ISBN-10: 0273765981
  • Publisher Date: 27 Aug 2012
  • Height: 257 mm
  • No of Pages: 432
  • Spine Width: 26 mm
  • Width: 204 mm


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