Macroeconomics

United States Edition

Robert J. Gordon (Autor)

Buch | Hardcover

672 Seiten

2005 | 10th edition
Pearson (Verlag)
978-0-321-27880-7 (ISBN)

Infos

At a time when so many pivotal economic issues are closely tied to the business cycle and monetary-fiscal policy, Robert Gordon provides critical insight into the American and global economy.

 

Macroeconomics builds from an early emphasis on business cycles and monetary-fiscal policy, in both the closed and open economy, to a dynamic analysis of aggregate demand and supply shocks as the causes of inflation and unemployment. Gordon then discusses economic growth using theory and real-world examples to compare rich and poor countries before examining economic growth in the United States.

 

In the Tenth Edition, Gordon tightens the overall framework of chapters, introduces four-color pedagogy, and prepares students to join in discussion and debate about the latest issues including the jobless recovery, recent tax cuts, globalization, and the `explosion’ of U.S. productivity growth. 

Inhalt

PART I:  Introduction and Measurement
1.          What Is Macroeconomics?
2.          The Measurement of Income, Prices, and Unemployment                                                 

PART II:  Income, Interest Rates, Policy, and the Open Economy
3.          Spending, Income, and Interest Rates
4.          Monetary and Fiscal Policy in the IS-LM Model
5.          National Saving, the Government Budget, Foreign Borrowing, and the Twin Deficits
6.          International Trade, Exchange Rates, and Macroeconomic Policy

PART III:  Aggregate Demand, Aggregate Supply, Unemployment and Inflation
7.          Aggregate Demand, Aggregate Supply, and the Self-Correcting Economy
8.          Inflation: Its Causes and Cures
9.          The Goals of Stabilization Policy: Low Inflation and Low Unemployment

PART IV:  Macroeconomics in the Long Run: Growth and Public Finance
10.        The Theory of Economic Growth
11.        The Big Questions of Economic Growth
12.        The Government Budget, the Public Debt, and Social Security

PART V:  Stabilization Policy in an Open Economy
13.        Money and Financial Markets
14.        Stabilization Policy in the Closed and Open Economy

PART VI:  Sources of Instability in the Private Economy
15.        Instability in the Private Economy: Consumption Behavior
16.        Instability in the Private Economy: Investment

 PART VII:  Debates at the Macroeconomic Frontier

17.        New Classical Macro Confronts New Keynesian Macro
18.        Conclusion: Where We Stand

Produkt-Details

• Erscheint lt. Verlag: 16.8.2005
• Sprache: englisch
• Maße: 202 x 254 mm
• Gewicht: 1370 g
• Themenwelt: Wirtschaft ► Volkswirtschaftslehre ► Makroökonomie
• ISBN-10: 0-321-27880-1 / 0321278801
• ISBN-13: 978-0-321-27880-7 / 9780321278807
• Zustand: Neuware