Macroeconomics, Global Edition

For courses in undergraduate Macroeconomics courses.

A modern approach to teaching macroeconomics

Macroeconomics uses a thoroughly modern approach by building macroeconomic models from microeconomic principles. As such, it is consistent with the way that macroeconomic research is conducted today. This approach allows for deeper insights into economic growth processes and business cyclesthe key topics in macroeconomics. An emphasis on microeconomic foundations better integrates the study of macroeconomics with approaches learned in microeconomics and field courses in economics. By following an approach to macroeconomics that is consistent with current macroeconomic research, students become better prepared for advanced study in economics.

The 6th Edition captures the latest developments in macroeconomic thinking, applied to recent economic events and developments in macroeconomic policy. With the financial crisis receding, new challenges that macroeconomists and policymakers currently need to address are covered in the text.

Texte du rabat

For courses in undergraduate Macroeconomics courses.

A modern approach to teaching macroeconomics

Macroeconomics uses a thoroughly modern approach by building macroeconomic models from microeconomic principles. As such, it is consistent with the way that macroeconomic research is conducted today. This approach allows for deeper insights into economic growth processes and business cycles?the key topics in macroeconomics. An emphasis on microeconomic foundations better integrates the study of macroeconomics with approaches learned in microeconomics and field courses in economics. By following an approach to macroeconomics that is consistent with current macroeconomic research, students become better prepared for advanced study in economics.

The 6th Edition captures the latest developments in macroeconomic thinking, applied to recent economic events and developments in macroeconomic policy. With the financial crisis receding, new challenges that macroeconomists and policymakers currently need to address are covered in the text.

Résumé

For courses in undergraduate Macroeconomics courses.

A modern approach to teaching macroeconomics

Macroeconomics uses a thoroughly modern approach by building macroeconomic models from microeconomic principles. As such, it is consistent with the way that macroeconomic research is conducted today. This approach allows for deeper insights into economic growth processes and business cyclesthe key topics in macroeconomics. An emphasis on microeconomic foundations better integrates the study of macroeconomics with approaches learned in microeconomics and field courses in economics. By following an approach to macroeconomics that is consistent with current macroeconomic research, students become better prepared for advanced study in economics.

The 6th Edition captures the latest developments in macroeconomic thinking, applied to recent economic events and developments in macroeconomic policy. With the financial crisis receding, new challenges that macroeconomists and policymakers currently need to address are covered in the text.

Contenu
Part 1: Introduction and Measurement Issues

1. Introduction
2. Measurement

3. Business Cycle Measurement Part 2: Basic Macroeconomic Models: A One-Period Model and Models of Search and Unemployment

4. Consumer and Firm Behavior: The WorkLeisure Decision and Profit Maximization
5. A Closed-Economy One-Period Macroeconomic Model

6. Search and Unemployment Part 3: Economic Growth

7. Economic Growth: Malthus and Solow

8. Income Disparity Among Countries and Endogenous Growth Part 4: Savings, Investment, and Government

9. A Two-Period Model: The ConsumptionSavings Decision and Credit Markets
10. Credit Market Imperfections: Credit Frictions, Financial Crises, and Social Security

11. A Real Intertemporal Model with Investment Part 5: Money and Business Cycles

12. Money, Banking, Prices, and Monetary Policy
13. Business Cycle Models with Flexible Prices and Wages
14. New Keynesian Economics: Sticky Prices

15. Inflation: Phillips Curves and Neo-Fisherism Part 6: International Macroeconomics

16. International Trade in Goods and Assets

17. Money in the Open Economy Part 7: Money, Inflation, and Banking

18. Money, Inflation, and Banking: A Deeper Look