Macroeconomics in Ecological Context

Natural resources are integrated into conventional macroeconomic models for better comprehension of environmental-economy interactions, while preserving standard macroeconomic modes of analysis A natural history of money that makes for a smoother transition from the physical world of production to the social phenomenon of money A generally conversational style of writing for greater accessibility to students

Contenu

Part I Building Blocks.- 1. The Economy in the World.- 2. Resources and Economic Processes.- 3. Key Variables.- Part II The Long-run Model.- 4. Labor, Resources, and the Production Function.- 5. The Composition of Output.- 6. The Long-run Model (the Classical World). 7. Growth with Abundant Resources.- Part III Business Cycles.- 9. What Money Is.- 10 Banking .- 11 Expenditure Multipliers.- 12. Monetary Policy.- 13. Fiscal Policy.- 14. The IS and LM Curves.- 15. Policy and Shocks in the IS-LM World.- 16. Short-run Aggregate Supply / Aggregate Demand and Policy.- 17 Policy Assessment.- 18. The Standard Model and Alternative Perspectives.- 19. Resource Constraints.- 20. Growth under Resource Constraints.- 21. Business Cycles under Resource Constraints.- 22. Continuity and New Directions.