Macroeconomis 5th Edition

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Using real-world case studies and examples, this comprehensive text offers intermediate and applied macroeconomics students a truly European and global perspective. Continuing to successfully combine theory with application, Macroeconomics has been fully updated in this fifth edition to keep students up-to-date with the ever changing macroeconomic environment we are experiencing today.

Résumé

“Really up-to-date…gives a fantastic overview of the financial crisis”

Fabian Kreutzer, University of Applied Science Niederrhein, Germany

“Extensive references to and content regarding crises. It’s really amazing”

Yioryos Georgios Makedonis, Queen Mary University of London

Using real-world case studies and examples, this comprehensive text offers intermediate and applied macroeconomics students a truly European and global perspective. Continuing to successfully combine theory with application, Macroeconomics has been fully updated in this fifth edition to keep students up-to-date with the ever changing macroeconomic environment we are experiencing today.

This book presents macroeconomics as an applied science designed to improve our understanding of current and past policy issues.

• The unique mix of theory, analysis and policy issues takes students from macroeconomic basics to cutting-edge research topics

• Includes case studies addressing major policy issues in detail, supported by a wealth of economic data

• Moves beyond standard intermediate macroeconomics content by discussing liquidity traps, quantitative easing, price bubbles, multiple equilibria, self-fulfilling prophecy, ratings agencies, debt brakes and austerity

• Self quizzes, road map, glossary and other content also available for mobile devices

Visit www.pearsoned.co.uk/gartner for a comprehensive companion website featuring interactive macroeconomic models equipped with guided exercises, state of the art data display and analysis, quizzes and more.

Contenu

• 1 Macroeconomic essentials
• 2 Booms and recessions (I): the Keynesian cross
• 3 Money, interest rates and the global economy
• 4 Exchange rates and the balance of payments
• 5 Booms and recessions (II): the national economy
• 6 Enter aggregate supply
• 7 Booms and recessions (III): aggregate supply and demand
• 8 Booms and recessions (IV): dynamic aggregate supply and demand
• 9 Economic growth (I): basics
• 10 Economic growth (II): advanced issues
• 11 Endogenous economic policy
• 12 The European Monetary System and the Eurozone at work
• 13 Inflation and central bank independence
• 14 Budget deficits and public debt
• 15 A closer look at economic crises
• 16 Sticky prices and sticky information:
• 17 Real business cycles: new perspectives on booms and recessions (II)
• Appendix A: A primer in econometrics
• Appendix B: Glossary
• Appendix C: Economics Nobel Prize winners and earlier giants
• Index