Macroeconomics Books
Cambridge University Press When Nations Cant Default
Book SynopsisThis book explores the economic effects of war reparations, with a focus on how sovereign debt has financed the transfers. Results have varied: from quick repayments of large reparations to catastrophic economic crises. The occurring theme across the book has been that enforcement of debt contracts has important consequences.Trade Review'War reparations are often viewed solely through the lenses of German reparations following World War I. Simon Hinrichsen's carefully researched book shows that war reparations are not only common but that the German experience in terms of repayment is more the exception than the rule. By framing the reparations issue in the sovereign debt literature, the book offers new insights into the political and economic aspects of war reparations.' Kim Oosterlinck, Professor of Finance, Université libre de Bruxelles'War reparations has been a topic of considerable contemporary debate given the ongoing Russia-Ukraine conflict. Yet, much of the discussion has been remarkably bereft of an understanding of how these issues were tackled in the past. This book is a wonderful treatment of the history, economics and politics of war reparations and, hopefully, will result in the contemporary debates becoming more sophisticated. I teach classes on Reparations and Sovereign Debt and this book has already, even in draft form, proved to be an invaluable resource.' Mitu Gulati, Professor of Law, University of Virginia'In this insightful book, Hinrichsen analyses how and, more importantly, why war reparations have been paid, restructured, repudiated or simply ignored over the last two centuries. War reparations are unlike all other types of sovereign debt. If wars of aggression were exclusively a feature of earlier centuries, Simon Hinrichsen's book would be a fascinating study of how the monetary reparations payable to the victors in those conflicts were eventually handled. But as Russia's invasion of Ukraine in 2022 demonstrates, unprovoked aggression is not confined to earlier centuries and the international community may soon need to grapple, yet again, with the issue of war reparations.' Lee C. Buchheit, University of EdinburghTable of Contents1. Introduction; 2. A framework for war reparations; 3. Sovereign debt; 4. Napoleonic Wars reparations; 5. Haiti indemnity and sovereign debt; 6. Franco-Prussian War indemnities; 7. Smaller 19th century war reparations; 8. German World War I reparations; 9. Russian and Bulgarian World War I reparations; 10. World War II reparations to the Soviet Bloc.
£80.75
Cambridge University Press When Nations Cant Default
£24.70
Cambridge University Press Digital Assets
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£81.00
Cambridge University Press The Spread of the Modern Central Bank and Global Cooperation
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£76.00
Cambridge University Press The Spread of the Modern Central Bank and Global Cooperation
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£25.64
Cambridge University Press Money In Crisis
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£25.64
Cambridge University Press Money In Crisis
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£76.50
Cambridge University Press The Role of Distributed Ledger Technology in Banking
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£99.75
Cambridge University Press Extroverted Financialization
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£90.00
Cambridge University Press Monitoring the State or the Market
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£66.50
Cambridge University Press The Macroeconomics of Decarbonisation
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£76.00
Cambridge University Press Economic Networks
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£94.99
Cambridge University Press Economic Networks
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£29.44
Cambridge University Press A Practical Guide to Macroeconomics
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£85.50
Cambridge University Press Edward A. Tenenbaum and the Deutschmark
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£94.50
Cambridge University Press There Will Be the Devil to Pay
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£112.50
Cambridge University Press Out of Poverty
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£25.64
Cambridge University Press Discourse on Social Planning under Uncertainty
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£25.64
Cambridge University Press Discourse on Social Planning under Uncertainty
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£76.50
Cambridge University Press Evolutionary Price Theory
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£47.49
Cambridge University Press US Business Cycles 19542020
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£72.00
Cambridge University Press Transforming Modern Macroeconomics Exploring Disequilibrium Microfoundations 19562003 Historical Perspectives on Modern Economics
Book SynopsisThis book tells the story of the search for disequilibrium micro-foundations for macroeconomic theory, from the disequilibrium theories of Patinkin, Clower and Leijonhufvud to recent dynamic stochastic general equilibrium models with imperfect competition. Placing this search against the background of wider developments in macroeconomics, the authors contend that this was never a single research program, but involved economists with very different aims who developed the basic ideas about quantity constraints, spillover effects and coordination failures in different ways. The authors contrast this with the equilibrium, market-clearing approach of Phelps and Lucas, arguing that equilibrium theories simply assumed away the problems that had motivated the disequilibrium literature. Although market-clearing models came to dominate macroeconomics, disequilibrium theories never went away and continue to exert an important influence on the subject. Although this book focuses on one strand in mTrade Review'Roger Backhouse and Mauro Boianovsky provide a fascinating, lively and meticulously researched account of the quest for non-Walrasian microfoundations of macroeconomic theory, from the efforts of Don Patinkin, Robert Clower, and Axel Leijonhufvud to understand Keynesian economics in terms of quantity constraints and coordination failures to recent attempts to incorporate imperfect competition in dynamic stochastic general equilibrium models. This book belongs on the shelf of anyone interested in modern macroeconomics and its history.' Robert W. Dimand, Brock University'For the real story of how macroeconomics got to its present state, you need to read this book. Backhouse and Boianovsky do a beautiful job of untangling a complicated literature that others have found convenient to forget.' Peter Howitt, Brown University'… this is a very nice book written by two specialists on the history of macroeconomics, and one that brings to the fore a crucial development that transformed the area: the disequilibrium literature.' Pedro Garcia Duarte, Journal of the History of Economic ThoughtTable of Contents1. Introduction; 2. Macroeconomics after Keynes; 3. Don Patinkin and the neoclassical synthesis; 4. Clower, Leijonhufvud and the re-appraisal of Keynesian economics; 5. Macroeconomics with slow price adjustment; 6. 'Equilibrium' microfoundations; 7. General equilibrium and imperfect competition; 8. Microeconomics and macroeconomics; 9. After the 1970s; 10. Conclusions; Bibliography.
£29.44
Cambridge University Press AgentBased Models in Economics
Book SynopsisEdited by several of the leading figures in the field, this is the first book to provide a state-of-the-art, accessibly written methodological introduction to the tools and techniques of agent-based modelling. Using these building blocks, readers will learn how to design, simulate, and validate agent-based models in economics.Trade Review'Some 25 years ago, Frank Hahn a leading economic theorist said, '… wildly complex systems need simulating … while there will be work for the computer scientist, I very much doubt that economists will be able to establish general propositions in any but very special examples'. Economists have reacted by saying 'show us an alternative'. This book does just that. It provides the elements of an alternative computational approach in which aggregate phenomena such as crises do not appear from the blue, but emerge from the interaction between simple but heterogeneous agents.' Alan Kirman, University of Aix-Marseille III'The authors conceive of economies as complex systems of heterogeneous interacting agents with bounded rationality and limited information, and they view agent-based modeling as a necessary tool for the exploration of such systems. In this book the authors provide a comprehensive introduction to agent-based modeling. Although macroeconomic applications are stressed, the coverage of topics such as rationality, behavior, expectations, and learning will be of value for many other applications as well. A particularly welcome aspect of the book is its attention to historical antecedents and its inclusion of chapters devoted to empirical validation and estimation issues.' Leigh Tesfatsion, Iowa State UniversityTable of Contents1. Introduction; 2. Agent-based computational economics: what, why, when; 3. Agent-based models as recursive systems; 4. Rationality, behaviour and expectations; 5. Agents' behaviour and learning; 6. Interaction; 7. The agent-based experiment; 8. Empirical validation of agent-based models; 9. Estimation of agent-based models; 10. Epilogue.
£25.64
Cambridge University Press How a Ledger Became a Central Bank
Book SynopsisA quantitative history of the Bank of Amsterdam, a dominant central bank for much of the seventeenth and eighteenth centuries. This book should interest monetary economists, scholars of central bank history, and historians of the Dutch Republic.Trade Review'Stephen Quinn and Will Roberds have written a remarkable book on the world's first true central bank and its first true international currency. Their newly unearthed history sheds much light on the past, but also the future, of the international monetary and financial system.' Barry Eichengreen, University of California, Berkeley'Using a superb combination of expert financial economics and meticulous historical research, Quinn and Roberds explain how the world's first central bank worked. Their analysis breaks new ground by showing how modern central banking principles already guided eighteenth-century finance. The book is of equally great interest to central banking theorists and economic historians.' Joost Jonker, University of Amsterdam'Based on an impressive amount of archival work and a deep understanding of modern finance, this book opens up a world of monetary operations previously unknown to even the most accomplished scholars of Dutch economic history.' Oscar Gelderblom, University of Antwerp'Unlike many researchers who ignored or misrepresented the evolution of central banking before 1800, Stephen Quinn and Will Roberds have contributed groundbreaking studies in this field for at least twenty years. Their work has also transformed my own understanding of the origins of central bank money, payments, and money market operations. For many years to come, How a Ledger Became a Central Bank will be the reference work not only on the financial and monetary history of the Bank of Amsterdam, but also for any other in-depth study of early central banking.' Ulrich Bindseil, European Central Bank'Who should own and operate a ledger and how different ledgers should be connected are hot topics today. In this remarkable book, Quinn and Roberds teach us how most of the problems that modern banks and central banks were designed, or were evolved, to solve are as old as the hills. Their book is full of examples of how public and private interests fostered trial-and-error processes that adapted, improved, and invented technologies and contracts. The detective work underlying the authors' stories is fascinating. As I read parts of this book, I find myself gathering insights about modern arrangements ranging from US repo markets to paying interest on reserves to cryptocurrency platforms to interoperability issues across those platforms.' Thomas J. Sargent, Hoover Institution, Stanford UniversityTable of Contents1. Similar yet different?; 2. The world of the bank; 3. Coins in eighteenth-century Amsterdam; 4. First steps, 1609–1659; 5. Emergence of the receipt system, 1660–1710; 6. Metal in motion: the mechanics of receipts; 7. Two banks and one money, 1711–1791; 8. Prussia's debasement during the Seven Years War: the role of the Bank; 9. The bank's place in central bank history.
£76.00
Cambridge University Press How a Ledger Became a Central Bank
Book SynopsisA quantitative history of the Bank of Amsterdam, a dominant central bank for much of the seventeenth and eighteenth centuries. This book should interest monetary economists, scholars of central bank history, and historians of the Dutch Republic.Trade Review'Stephen Quinn and Will Roberds have written a remarkable book on the world's first true central bank and its first true international currency. Their newly unearthed history sheds much light on the past, but also the future, of the international monetary and financial system.' Barry Eichengreen, University of California, Berkeley'Using a superb combination of expert financial economics and meticulous historical research, Quinn and Roberds explain how the world's first central bank worked. Their analysis breaks new ground by showing how modern central banking principles already guided eighteenth-century finance. The book is of equally great interest to central banking theorists and economic historians.' Joost Jonker, University of Amsterdam'Based on an impressive amount of archival work and a deep understanding of modern finance, this book opens up a world of monetary operations previously unknown to even the most accomplished scholars of Dutch economic history.' Oscar Gelderblom, University of Antwerp'Unlike many researchers who ignored or misrepresented the evolution of central banking before 1800, Stephen Quinn and Will Roberds have contributed groundbreaking studies in this field for at least twenty years. Their work has also transformed my own understanding of the origins of central bank money, payments, and money market operations. For many years to come, How a Ledger Became a Central Bank will be the reference work not only on the financial and monetary history of the Bank of Amsterdam, but also for any other in-depth study of early central banking.' Ulrich Bindseil, European Central Bank'Who should own and operate a ledger and how different ledgers should be connected are hot topics today. In this remarkable book, Quinn and Roberds teach us how most of the problems that modern banks and central banks were designed, or were evolved, to solve are as old as the hills. Their book is full of examples of how public and private interests fostered trial-and-error processes that adapted, improved, and invented technologies and contracts. The detective work underlying the authors' stories is fascinating. As I read parts of this book, I find myself gathering insights about modern arrangements ranging from US repo markets to paying interest on reserves to cryptocurrency platforms to interoperability issues across those platforms.' Thomas J. Sargent, Hoover Institution, Stanford UniversityTable of Contents1. Similar yet different?; 2. The world of the bank; 3. Coins in eighteenth-century Amsterdam; 4. First steps, 1609–1659; 5. Emergence of the receipt system, 1660–1710; 6. Metal in motion: the mechanics of receipts; 7. Two banks and one money, 1711–1791; 8. Prussia's debasement during the Seven Years War: the role of the Bank; 9. The bank's place in central bank history.
£24.69
HarperCollins Publishers Inc The Case Against Socialism
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£23.19
HarperCollins The Injustice of Place
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£14.39
HarperCollins No One Is SelfMade
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£22.49
McGraw-Hill Education - Europe Connect 1semester Access Card for Microeconomics
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£127.22
McGraw-Hill Education - Europe Microeconomics
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£172.00
Penguin Putnam Inc The Great Degeneration How Institutions Decay and
Book SynopsisFrom the bestselling author of The Ascent of Money and The Square and the Tower, a searching and provocative examination of the widespread institutional rot that threatens our collective futureWhat causes rich countries to lose their way? Symptoms of decline are all around us today: slowing growth, crushing debts, increasing inequality, aging populations, antisocial behavior. But what exactly has gone wrong? The answer, Niall Ferguson argues in The Great Degeneration, is that our institutions—the intricate frameworks within which a society can flourish or fail—are degenerating. With characteristic verve and historical insight, Ferguson analyzes the causes of this stagnation and its profound consequences for the future of the West. The Great Degeneration is an incisive indictment of an era of negligence and complacency—and to arrest the breakdown of our civilization, Ferguson warns, will take heroic
£14.45
MIT Press Ltd Modern Macroeconomics The MIT Press
Book SynopsisA textbook that approaches modern macroeconomics through its microeconomic foundations, with an emphasis on financial market connections and policy applications.The modern study and analysis of macroeconomics begins by considering how microeconomic units—consumers and firms—make decisions, and then investigates how these choices interact to yield economy-wide outcomes. This innovative textbook takes this “modern” approach, teaching macroeconomics through its microeconomic foundations. It does so by adopting the representative agent paradigm. By modeling the representative consumer and the representative firm, students will learn to describe macroeconomic outcomes and consider the effects of macroeconomic policies. Unique in its coverage of monopolistic competition, financial markets, and the interaction of fiscal and monetary policy, Modern Macroeconomics is suitable for use in intermediate undergraduate, advanced undergradu
£85.50
MIT Press Ltd Evolution or Revolution Rethinking Macroeconomic
Book SynopsisLeading economists discuss post-financial crisis policy dilemmas, including the dangers of complacency in a period of relative stability.The Great Depression led to the Keynesian revolution and dramatic shifts in macroeconomic theory and macroeconomic policy. Similarly, the stagflation of the 1970s led to the adoption of the natural rate hypothesis and to a major reassessment of the role of macroeconomic policy. Should the financial crisis and the Great Recession lead to yet another major reassessment, to another intellectual revolution? Will it? If so, what form should it, or will it, take? These are the questions taken up in this book, in a series of contributions by policymakers and academics. The contributors discuss the complex role of the financial sector, the relative roles of monetary and fiscal policy, the limits of monetary policy to address financial stability, the need for fiscal policy to play a more active role in stabilization, and
£28.80
MIT Press Ltd Big Ideas in Macroeconomics A Nontechnical View
Book SynopsisAn accessible description of modern macroeconomics, and a defense of its policy relevance.Macroeconomists have been caricatured either as credulous savants in love with the beauty of their mathematical models or as free-market fundamentalists who admit no doubt as to the market's wisdom. In this book, Kartik Athreya draws a truer picture, offering a nontechnical description of prominent ideas and models in macroeconomics, and arguing for their value as interpretive tools as well as their policy relevance. Athreya deliberately leaves out the technical machinery, providing an essential guide to the sometimes abstract ideas that drive macroeconomists' research and practical policy advice.Athreya describes the main approach to macroeconomic model construction, the foundational Walrasian general-equilibrium framework, and its modern version, the Arrow-Debreu-McKenzie (ADM) model. In the heart of the book, Athreya shows how the Walrasian approach shapes and unifies much of m
£31.55
Knopf Doubleday Publishing Group The 21st Century EconomyA Beginners Guide
Book SynopsisA comprehensive, accessible guide to understanding today's global economy, from the author of the bestselling A Beginner's Guide to the World Economy. While reporting on today's world, business and mainstream media alike use terms and mention trends that even the savviest consumer may find baffling. In his latest book, Randy Charles Epping uses compelling narratives and insightful analogies to clearly and concisely explain the rapidly changing way business is done in the twenty-first century, without a single chart or graph. Epping defines key ideas and commonly used words and phrases like carbon footprint, WTO, economy of scale, NAFTA, and outsourcing. He also illustrates how central banks help navigate global crises and drive the global economy, discusses the benefits of Green Economics, shows how trade wars can be avoided, and explains the virtual economy, where multimillion dollar transactions take place in the blink of an eye. Complete with 89
£14.39
John Wiley & Sons Inc Market Unbound
Book SynopsisA road map for the future of the world market "Bryan has emerged as an influential voice on regulatory issues. "--The New York Times The world is on the verge of the most sweeping economic changes since the Industrial Revolution.Table of ContentsGlobal Capital Revolution. MARKET UNBOUND. Market Unbound. Hunting for Woolly Mammoths. Trees Don't Grow in the Sky. Approaching Absolute Zero. UNLEASHING GLOBAL CAPITALISM. Prosperity or Devastation? Superconductivity. Heroes to Lead Us (Not Politicians). CAPTURING THE OPPORTUNITY. The Unfettered, Unrelenting Search for Profit. Leading a Corporation in a Superconductive World. Buy Stocks, Shun Bonds. Stop Worrying and Learn to Love the Market. About the Authors. Index.
£20.89
Harvard University Press Growth
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£18.00
Pluto Press From the Local to the Global
Book SynopsisA completely revised third edition of a classic development studies textbookTrade Review'An ideal lift off point for anyone interested in the issues that underpin poverty and injustice at local and global levels. It combines accessible, informative writing on the most essential international development issues' -- Marina Sitrin, author of They Can't Represent Us: Reinventing Democracy from Greece to Occupy (with Dario Azzellini, Verso, 2014) and Everyday Revolutions: Horizontalism and Autonomy in Argentina (Zed Books, 2012).'Of global value to a radically changing world. It is essentially a survey of all the issues that affect the global South and shape the global North' -- Hector Maldonado Felix, Faculty of Social Sciences, Universidad Nacional Mayor de San Marcos, Peru, and founder of the NGO Asociacion Gestion Salud y Poblacion.Table of ContentsAcknowledgements List of Abbreviations Introduction: Creating New Paradigms for Development - Stephen McCloskey Part I: Development Discourse and Definitions 1. Measuring Human Development - Andy Storey 2. A Human Rights Based Approach to Development - Máire Braniff and Paul Hainsworth Part II: The Economics of Development 3. Overseas Development Aid: Is It Working? - Patrick Marren 4. Trade, Development and Inequality - Denis O’Hearn 5. Debt Injustice in the Global North and South - Nessa Ni Chasaide Part III: Development Policy 6. Climate Change: Reorienting the Development Agenda - David Selby 7. Europe, Development and the Colonial Legacy - Gerard McCann 8. Post-2015 Development Assessment: Proposed Goals and Indicators - Walden Bello 9. Women Contributing to Gender-Just, Equitable and Sustainable Development - Patricia Muñoz-Cabrera 10. The Complexity of Migration - Michal Cenker Part IV: Regional Development 11. Rethinking Latin America: Back to the Future? - Ronaldo Munck 12. The Arab Spring: Trading Development for Stability - Heba M. Khalil 13. China: The New Face of Development - Russell Duncan 14. Meaningful Development Goals and Sub-Saharan Africa - Chrispin R. Matenga Part V: Human Development 15. Children, Childhood and Work: Perceptions and Practices - Madeleine Leonard 16. Development Education as an Agent of Social Change - Stephen McCloskey Conclusion: Neoliberal Decline and International Development Post-2015 - Gerard McCann Notes on Contributors Index
£16.14
Hill & Wang Inc.,U.S. Cartoon Introduction to Economics Vol Two
Book SynopsisExplains the factors that affect the economy of an entire country and, indeed, the planet. This title explores the two big concerns of macroeconomics: how economies grow and why economies collapse. It also illustrates the basics of the labour market and unemployment, inflation and debt, what the GDP is and what it measures, and more.
£15.22
Random House USA Inc The Only Game in Town Central Banks Instability
Book SynopsisNEW YORK TIMES BESTSELLER • A roadmap to what lies ahead and the decisions we must make now to stave off the next global economic and financial crisis, from one of the world’s most influential economic thinkers and the author of When Markets Collide • Updated, with a new chapter and author’s note“The one economic book you must read now . . . If you want to understand [our] bifurcated world and where it’s headed, there is no better interpreter than Mohamed El-Erian.”—TimeOur current economic path is coming to an end. The signposts are all around us: sluggish growth, rising inequality, stubbornly high pockets of unemployment, and jittery financial markets, to name a few. Soon we will reach a fork in the road: One path leads to renewed growth, prosperity, and financial stability, the other to recession and market disorder.In The Only Game in Town, El-Erian casts his gaze toward the fu
£16.14
Hoover Institution Press,U.S. Across the Great Divide
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£14.20
Hoover Institution Press,U.S. Reflections on Allan H Meltzers Contributions to
Book SynopsisAllan H. Meltzer (1928-2017), a leading monetary economist of the twentieth century, is memorialized in eleven essays by prominent economists. Among his achievements, Meltzer transformed the field of central banking and dissected the economic disasters of the 1930s and late 2000s, as well as the avoidance of disaster in the 1970s.Trade ReviewThe world of economics and its application to good public policy will miss the wise council and forceful insights delivered in clear and concise terms for six decades by Allan H. Meltzer." — Stuart G. Hofman, National Association for Business Economics
£16.96
Hoover Institution Press,U.S. Strategies for Monetary Policy
Book SynopsisAs the Federal Reserve System conducts its latest review of the strategies, tools, and communication practices it deploys to pursue its dual-mandate goals of maximum employment and price stability, this book emerges as an especially timely volume. It examines key policy issues, offering perspectives on US monetary policy tools and instruments.
£14.20
Russell Sage Foundation Debating the American Dream
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£46.46
McGraw-Hill Education Loose Leaf for Macroeconomics Brief Edition
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£140.40
McGraw-Hill Education LooseLeaf for Macroeconomics
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£165.41
McGraw-Hill Education Macroeconomics Connect Access Card
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£127.22
McGraw-Hill Companies LooseLeaf for Principles of Macroeconomics a
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£134.05