For courses in intermediate macroeconomics. Demonstrating a balanced treatment of both classical and Keynesian economics, Macroecomomics presents macroeconomic theory in a big-picture way. Comprehensive coverage makes it easy for instructors to align chapters to fit their own syllabi, and the text helps students analyse real macroeconomic data used by policy makers and researchers. This text takes a unified approach based on a single economics model that provides students with a clear understanding of macroeconomics and its classical and Keynesian assumptions. The 10th Edition features new applications, boxes, and problems throughout. It also reflects recent events and developments in the field, such as the recent crisis in the US and Europe and the many new tools used by the Federal Reserve in response. The full text downloaded to your computer With eBooks you can: search for key concepts, words and phrases make highlights and notes as you study share your notes with friends eBooks are downloaded to your computer and accessible either offline through the Bookshelf (available as a free download), available online and also via the iPad and Android apps. Upon purchase, you'll gain instant access to this eBook. Time limit TheeBooks products do not have an expiry date. You will continue to access yourdigitalebookproducts whilst you have yourBookshelf installed.
PART 1: INTRODUCTION 1. Introduction to Macroeconomics 2. The Measurement and Structure of the National Economy PART 2: LONG-RUN ECONOMIC PERFORMANCE 3. Productivity, Output, and Employment 4. Consumption, Saving, and Investment 5. Saving and Investment in the Open Economy 6. Long-Run Economic Growth 7. The Asset Market, Money, and Prices PART 3: BUSINESS CYCLES AND MACROECONOMIC POLICY 8. Business Cycles 9. The IS-LM/AD-AS Model: A General Framework for Macroeconomic Analysis 10. Classical Business Cycle Analysis: Market-Clearing Macroeconomics 11. Keynesianism: The Macroeconomics of Wage and Price Rigidity PART 4: MACROECONOMIC POLICY: ITS ENVIRONMENT AND INSTITUTIONS 12. Unemployment and Inflation 13. Exchange Rates, Business Cycles, and Macroeconomic Policy in the Open Economy 14. Monetary Policy and the Federal Reserve System 15. Government Spending and Its Financing Appendix A: Some Useful Analytical Tools
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