Overview

Macroeconomics is widely praised for its ability to present theory as a way of evaluating key macro questions, such as why some countries are rich and others are poor. Students have a natural interest in what is happening today and what will happen in the near future. Macroeconomics capitalises on their interest by beginning with business cycles and monetary-fiscal policy in both closed and open economy. After that, Gordon presents a unique dynamic analysis of demand and supply shocks as causes of inflation and unemployment, followed by a dual approach to economic growth in which theory and real-world examples are used to compare rich and poor countries.

Full Product Details

Author:   Robert Gordon ,  Robert Gordon
Publisher:   Pearson Education Limited
Imprint:   Pearson Education Limited
Edition:   12th edition
Dimensions:   Width: 27.20cm , Height: 21.40cm , Length: 2.80cm
Weight:   1.370kg
ISBN:  

9781292022079

ISBN 10:   1292022078
Pages:   636
Publication Date:   07 August 2013
Audience:   College/higher education ,  Tertiary & Higher Education
Format:   Paperback
Publisher's Status:   Active
Availability:   In Print  
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Table of Contents

CHAPTER 1 What Is Macroeconomics? CHAPTER 2 The Measurement of Income, Prices, and Unemployment CHAPTER 3 Income and Interest Rates: The Keynesian Cross Model and the IS Curve CHAPTER 4 Strong and Weak Policy Effects in the IS-LM Model CHAPTER 5 Financial Markets, Financial Regulation, and Economic Instability CHAPTER 6 The Government Budget, the Government Debt, and Limitations of Fiscal Policy CHAPTER 7 International Trade, Exchanges Rates, and Macroeconomic Policy CHAPTER 8 Aggregate Demand, Aggregate Supply, and the Great Depression CHAPTER 9 Inflation: Its Causes and Cures CHAPTER 10 The Goals of Stabilization Policy: Low Inflation and Low Unemployment CHAPTER 11 The Theory of Economic Growth CHAPTER 12 The Big Questions of Economic Growth CHAPTER 13 The Goals, Tools, and Rules of Monetary Policy CHAPTER 14 The Economics of Consumption Behavior CHAPTER 15 The Economics of Investment Behavior CHAPTER 16 New Classical Macro and New Keynesian Macro CHAPTER 17 Conclusion: Where We Stand

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