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For intermediate courses in economics.

A unified view of the latest macroeconomic events

In Macroeconomics , Blanchard presents an integrated, global view of macroeconomics, enabling

students to see the connections between goods markets, financial markets, and labor markets

worldwide. Organized into two parts, the text contains a core section that focuses on short-,

medium-, and long-run markets and two major extensions that offer more in-depth coverage of

the issues at hand. From the major economic crisis that engulfed the world in the late 2000s, to

monetary policy in the US, to the problems of the Euro area, and growth in China, the text helps

students make sense not only of current macroeconomic events but also of those that may

unfold in the future. Integrated, detailed boxes in the 8th Edition have been updated to convey

the life of macroeconomics today, reinforce lessons from the models, and help students employ

and develop their analytical and evaluative skills.

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A unified view of the latest macroeconomic events
In ** Macroeconomics** , Blanchard presents an integrated, global view of macroeconomics, enabling students to see the connections between goods markets, financial markets, and labor markets worldwide. Organised into two parts, the text contains a core section that focuses on short-, medium-, and long-run markets and two major extensions that offer more in-depth coverage of the issues at hand. From the major economic crisis that engulfed the world in the late 2000s, to monetary policy in the US, to the problems of the Euro area, and growth in China, the text helps students make sense not only of current macroeconomic events but also of those that may unfold in the future. Integrated, detailed boxes in the 8th Edition have been updated to convey the life of macroeconomics today, reinforce lessons from the models, and help students employ and develop their analytical and evaluative skills.

Zusammenfassung

A unified view of the latest macroeconomic events
In** Macroeconomics**, Blanchard presents an integrated, global view of macroeconomics, enabling students to see the connections between goods markets, financial markets, and labor markets worldwide. Organised into two parts, the text contains a core section that focuses on short-, medium-, and long-run markets and two major extensions that offer more in-depth coverage of the issues at hand. From the major economic crisis that engulfed the world in the late 2000s, to monetary policy in the US, to the problems of the Euro area, and growth in China, the text helps students make sense not only of current macroeconomic events but also of those that may unfold in the future. Integrated, detailed boxes in the 8th Edition have been updated to convey the life of macroeconomics today, reinforce lessons from the models, and help students employ and develop their analytical and evaluative skills.

Inhalt

PART I: INTRODUCTION

1. 1. A Tour of the World
2. 2. A Tour of the Book
      PART II: THE SHORT RUN
3. 3. The Goods Market
4. 4. Financial Markets I
5. 5. Goods and Financial Markets; The IS-LM Model
6. 6. Financial Markets II
      PART III: THE MEDIUM RUN
7. 7. The Labor Market
8. 8. The Phillips Curve, the Natural Rate of Unemployment, and Inflation
9. 9. Putting All Markets Together: From the Short to the Medium Run
      PART IV: THE LONG RUN
10. 10. The Facts of Growth
11. 11. Saving, Capital Accumulation, and Output
12. 12. Technological Progress and Growth
13. 13. The Challenges of Growth

14. EXTENSIONS
    PART V: EXPECTATIONS

15. 14. Financial Markets and Expectations
16. 15. Expectations, Consumption, and Investment
17. 16. Expectations, Output, and Policy
        PART VI: THE OPEN ECONOMY
18. 17. Openness in Goods and Financial Markets
19. 18. The Goods Market in an Open Economy
20. 19. Output, the Interest Rate, and the Exchange Rate
21. 20. Exchange Rate Regimes
        PART VII: BACK TO POLICY
22. 21. Should Policy Makers Be Restrained?
23. 22. Fiscal Policy: A Summing Up
24. 23. Monetary Policy: A Summing Up
25. 24. Epilogue: The Story of Macroeconomics
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