The number one textbook for intermediate macroeconomics courses since its first edition, this title is known for conveying the cutting edge in macroeconomics theory, research, and policy to the classroom, explaining complex concepts with exceptional clarity. This new edition addresses emerging macro topics such as income inequality and macroprudential regulation. Frontline empirical research studies are also featured, including Bloom and Van Reened's research on management practices, Nakamura and Steinsson's research on fiscal policy multipliers and Baker and Bloom and Davis's research on the…mehr
The number one textbook for intermediate macroeconomics courses since its first edition, this title is known for conveying the cutting edge in macroeconomics theory, research, and policy to the classroom, explaining complex concepts with exceptional clarity. This new edition addresses emerging macro topics such as income inequality and macroprudential regulation. Frontline empirical research studies are also featured, including Bloom and Van Reened's research on management practices, Nakamura and Steinsson's research on fiscal policy multipliers and Baker and Bloom and Davis's research on the effects of policy uncertainty. The book also improves on its already exemplary focus on teaching students to apply the analytical tools of macroeconomics to current events and policies.
This comprehensive text is the ideal accompaniment to undergraduate courses in Macroeconomics.
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Inhaltsangabe
Part I: Introduction 1. The Science of Macroeconomics.- 2. The Data of Macroeconomics.- Part II: Classical Theory: The Economy in the Long Run 3. National Income: Where It Comes From and Where It Goes.- 4. The Monetary System: What It Is and How It Works.- 5. Inflation: Its Causes, Effects, and Social Costs.- 6. The Open Economy.- 7. Unemployment and the Labor Market.- Part III: Growth Theory: The Economy in the Very Long Run 8. Economic Growth I: Capital Accumulation and Population Growth.- 9. Economic Growth II: Technology, Empirics, and Policy.- Part IV: Business Cycle Theory: The Economy in the Short Run.- 10. Introduction to Economic Fluctuations.- 11. Aggregate Demand I: Building the IS-LM Model.- 12. Aggregate Demand II: Applying the IS-LM Model.- 13. The Open Economy Revisited: The Mundell-Fleming Model and the Exchange-Rate Regime.- 14. Aggregate Supply and the Short-run Tradeoff Between Inflation and Unemployment.- Part V: Topics in Macroeconomic Theory Thoroughly revised! 15. A Dynamic Model of Economic Fluctuations.- 16. Understanding Consumer Behavior.- 17. The Theory of Investment.- Part VI: Topics in Macroeconomic Policy 18. Alternative Perspectives on Stabilization Policy.- 19. Government Debt and Budget Deficits.- 20. The Financial System: Opportunities and Dangers.- Epilogue : What We Know, What We Don't.
Part I Introduction Chapter 1 The Science of Macroeconomics Chapter 2 The Data of Macroeconomics Part II Classical Theory: The Economy in the Long Run Chapter 3 National Income: Where It Comes From and Where It Goes Chapter 4 The Monetary System: What It Is and How It Works Chapter 5 Inflation: Its Causes, Effects, and Social Costs Chapter 6 The Open Economy Chapter 7 Unemployment and the Labor Market Part III Growth Theory: The Economy in the Very Long Run Chapter 8 Capital Accumulation as a Source of Growth Chapter 9 Population Growth and Technological Progress Chapter 10 Growth Empirics and Policy Part IV Business Cycle Theory: The Economy in the Short Run Chapter 11 Introduction to Economic Fluctuations Chapter 12 Aggregate Demand I: Building the IS-LM Model Chapter 13 Aggregate Demand II: Applying the IS-LM Model Chapter 14 The Open Economy Revisited: The Mundell-Fleming Model and the Exchange-Rate Regime Chapter 15 Aggregate Supply and the Short-Run Tradeoff Between Inflation and Unemployment Part V Topics in Macroeconomic Theory and Policy Chapter 16 A Dynamic Model of Economic Fluctuations Chapter 17 Alternative Perspectives on Stabilization Policy Chapter 18 Government Debt and Budget Deficits Chapter 19 The Financial System: Opportunities and Dangers Chapter 20 The Microfoundations of Consumption and Investment Epilogue What We Know, What We Don't Glossary Index
Part I: Introduction 1. The Science of Macroeconomics.- 2. The Data of Macroeconomics.- Part II: Classical Theory: The Economy in the Long Run 3. National Income: Where It Comes From and Where It Goes.- 4. The Monetary System: What It Is and How It Works.- 5. Inflation: Its Causes, Effects, and Social Costs.- 6. The Open Economy.- 7. Unemployment and the Labor Market.- Part III: Growth Theory: The Economy in the Very Long Run 8. Economic Growth I: Capital Accumulation and Population Growth.- 9. Economic Growth II: Technology, Empirics, and Policy.- Part IV: Business Cycle Theory: The Economy in the Short Run.- 10. Introduction to Economic Fluctuations.- 11. Aggregate Demand I: Building the IS-LM Model.- 12. Aggregate Demand II: Applying the IS-LM Model.- 13. The Open Economy Revisited: The Mundell-Fleming Model and the Exchange-Rate Regime.- 14. Aggregate Supply and the Short-run Tradeoff Between Inflation and Unemployment.- Part V: Topics in Macroeconomic Theory Thoroughly revised! 15. A Dynamic Model of Economic Fluctuations.- 16. Understanding Consumer Behavior.- 17. The Theory of Investment.- Part VI: Topics in Macroeconomic Policy 18. Alternative Perspectives on Stabilization Policy.- 19. Government Debt and Budget Deficits.- 20. The Financial System: Opportunities and Dangers.- Epilogue : What We Know, What We Don't.
Part I Introduction Chapter 1 The Science of Macroeconomics Chapter 2 The Data of Macroeconomics Part II Classical Theory: The Economy in the Long Run Chapter 3 National Income: Where It Comes From and Where It Goes Chapter 4 The Monetary System: What It Is and How It Works Chapter 5 Inflation: Its Causes, Effects, and Social Costs Chapter 6 The Open Economy Chapter 7 Unemployment and the Labor Market Part III Growth Theory: The Economy in the Very Long Run Chapter 8 Capital Accumulation as a Source of Growth Chapter 9 Population Growth and Technological Progress Chapter 10 Growth Empirics and Policy Part IV Business Cycle Theory: The Economy in the Short Run Chapter 11 Introduction to Economic Fluctuations Chapter 12 Aggregate Demand I: Building the IS-LM Model Chapter 13 Aggregate Demand II: Applying the IS-LM Model Chapter 14 The Open Economy Revisited: The Mundell-Fleming Model and the Exchange-Rate Regime Chapter 15 Aggregate Supply and the Short-Run Tradeoff Between Inflation and Unemployment Part V Topics in Macroeconomic Theory and Policy Chapter 16 A Dynamic Model of Economic Fluctuations Chapter 17 Alternative Perspectives on Stabilization Policy Chapter 18 Government Debt and Budget Deficits Chapter 19 The Financial System: Opportunities and Dangers Chapter 20 The Microfoundations of Consumption and Investment Epilogue What We Know, What We Don't Glossary Index
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