Macroeconomics
John Wiley & Sons Inc (Verlag)
978-1-119-99572-2 (ISBN)
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Macroeconomics: Understanding the Global Economy, 3rd Edition is to help students - and indeed anyone - understand contemporary and past economic events that shape the world we live in, and at a sophisticated level. But it does so without focusing on mathematical techniques and models for their own sake. Theory is taken seriously - so much so that the authors go to pains to understand the key aspects of theories in a way that will not put people off before they see how theories are useful to analyse issues. The authors believe that theories are essential to better understand the world, thus the book includes a wealth of historic and current episodes and data to both see how theories can help interpret the world and also to judge their validity. Economies today are very inter-connected; what happens in China matters pretty much everywhere; and what happens in one (even small) country in the euro zone has implications for the whole euro area and beyond, consequently Macroeconomics, 3rd Edition adopts a very international focus.
Preface xv PART ONE INTRODUCTION Chapter 1 What Is Macroeconomics? 3 Chapter 2 The Language of Macroeconomics: The National Income Accounts 12 PART TWO ECONOMIC GROWTH AND THE SUPPLY SIDE Chapter 3 The Wealth of Nations: The Supply Side 37 Chapter 4 Capital Accumulation and Economic Growth 59 Chapter 5 Total Factor Productivity, Human Capital and Technology 85 Chapter 6 Endogenous Growth and Convergence 104 Chapter 7 Unemployment and the Labour Market 130 Chapter 8 International Trade 157 Chapter 9 Globalization 185 PART THREE BUSINESS CYCLES AND ECONOMIC POLICY Chapter 10 Consumption and Investment 211 Chapter 11 Business Cycles 250 Chapter 12 Money and Prices 282 Chapter 13 Monetary Policy 314 Chapter 14 Fiscal Policy and the Role of Government 344 Chapter 15 Stabilization Policy 364 PART FOUR ASSET MARKETS AND THE FINANCIAL SECTOR Chapter 16 Financial Markets: Equities and Bonds 395 Chapter 17 The Banking Sector 429 Chapter 18 Sovereign Debt and Default 451 PART FIVE EXCHANGE RATES AND GLOBAL CAPITAL MARKETS Chapter 19 Exchange Rate Determination: The Real Exchange Rate 475 Chapter 20 Exchange Rate Determination: Nominal Exchange Rates and Asset Markets 503 Chapter 21 Currency Crises and Exchange Rate Systems 529 Glossary 559 Notes 571 Index 577
| Erscheint lt. Verlag | 21.5.2012 |
|---|---|
| Zusatzinfo | Illustrations |
| Verlagsort | New York |
| Sprache | englisch |
| Maße | 194 x 245 mm |
| Gewicht | 1376 g |
| Themenwelt | Wirtschaft ► Volkswirtschaftslehre ► Makroökonomie |
| ISBN-10 | 1-119-99572-8 / 1119995728 |
| ISBN-13 | 978-1-119-99572-2 / 9781119995722 |
| Zustand | Neuware |
| Informationen gemäß Produktsicherheitsverordnung (GPSR) | |
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