Stephen D. Williamson

Macroeconomics, Global Edition (eBook, PDF)

• Format: PDF

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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.

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Produktdetails

• Verlag: Pearson HigherEducation
• Seitenzahl: 744
• Erscheinungstermin: 27. September 2017
• Englisch
• ISBN-13: 9781292215792
• Artikelnr.: 49376591

Inhaltsangabe

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
1. Consumer and Firm Behavior: The WorkLeisure Decision and Profit
Maximization
2. A Closed-Economy One-Period Macroeconomic Model
3. Search and Unemployment
Part 3: Economic Growth
4. Economic Growth: Malthus and Solow
5. Income Disparity Among Countries and Endogenous Growth
Part 4: Savings, Investment, and Government
6. A Two-Period Model: The ConsumptionSavings Decision and Credit Markets
7. Credit Market Imperfections: Credit Frictions, Financial Crises, and Social
Security
8. A Real Intertemporal Model with Investment
Part 5: Money and Business Cycles
9. Money, Banking, Prices, and Monetary Policy
10. Business Cycle Models with Flexible Prices and Wages
11. New Keynesian Economics: Sticky Prices
12. Inflation: Phillips Curves and Neo-Fisherism
Part 6: International Macroeconomics
13. International Trade in Goods and Assets
14. Money in the Open Economy
Part 7: Money, Inflation, and Banking
15. Money, Inflation, and Banking: A Deeper Look