Macroeconomics Books

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Book SynopsisNils Gottfries is a Professor of Economics at Uppsala University, Sweden and former editor of The Scandinavian Journal of Economics. He has published extensively in journals including the QJE, JPE, EJ, EER. Most of his research has been concerned with the microeconomic foundations of macroeconomics, particularly the theory of the supply side: prices, wages, and unemployment. He was a member of the Swedish commission on the EMU. He has been teaching macroeconomics regularly at the intermediate and graduate levels.Trade ReviewNils Gottfries's thoughtful, consistent and lucid exposition breathes fresh air into a macroeconomics textbook. It balances descriptive realism with conceptual coherence judiciously, and its application of principles to the experiences of many countries over many decades is very welcome. * John Driffill, Birkbeck, University of London, UK *This is a great book. It uses a consistent theory throughout, explains it well, and does a tremendous job in confronting theory with data. * Steinar Holden, University of Oslo, Norway *Instead of presenting macroeconomics as separate pieces linked in an ad hoc way, Gottfries presents a consistent approach. This, in addition to the distinctly international approach to economic data and examples, will make the book very attractive to lecturers and to their students. * M.A. (Martin) van Tuijl, Tilburg University, the Netherlands *This is a superb book! It contains a rigorous treatment of the New Keynesian model combined with illustrative examples and interesting policy discussions. Students will find the book well-written and easily accessible. * Fredrik NG Andersson, Lund University, Sweden *This book is an excellent and innovative new textbook for intermediate macroeconomics, where conventional macroeconomics is explained with a deeper emphasis on the role of microfoundations. This allows students to be exposed to modern macroeconomic analysis in a rigorous yet still accessible way. * Gianluigi Vernasca, University of Essex, UK *Table of ContentsIntroduction PART I: THE LONG RUN Production, Prices and the Distribution of Income Interest Rates and Investment Consumption and the Natural Rate of Interest Capital Accumulation and Growth Wage Setting and Unemployment Money and Inflation in the Long Run PART II: THE SHORT RUN The Interest Rate and Production in the Short Run Economic Activity and Inflation in the Short Run PART III: ECONOMIC POLICY Monetary Policy Fiscal Policy PART IV: THE OPEN ECONOMY Exports, Imports, and International Financial Markets The Open Economy in the Long Run The Open Economy in the Short Run Exchange Rate Systems and Monetary Union PART V: BUSINESS CYCLES, POLICYMAKING, FINANCIAL MARKETS Business Cycles Institutions and Economic Policy Financial Markets.

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Book SynopsisAn advanced treatment of modern macroeconomics, presented through a sequence of dynamic equilibrium models, with discussion of the implications for monetary and fiscal policy.This textbook offers an advanced treatment of modern macroeconomics, presented through a sequence of dynamic general equilibrium models based on intertemporal optimization on the part of economic agents. The book treats macroeconomics as applied and policy-oriented general equilibrium analysis, examining a number of models, each of which is suitable for investigating specific issues but may be unsuitable for others.After presenting a brief survey of the evolution of macroeconomics and the key facts about long-run economic growth and aggregate fluctuations, the book introduces the main elements of the intertemporal approach through a series of two-period competitive general equilibrium models—the simplest possible intertemporal models. This sets the stage for the remainder of the book, which

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Book SynopsisA concise but rigorous and thorough introduction to modern macroeconomic theory.This book offers an introduction to modern macroeconomic theory. It is concise but rigorous and broad, covering all major areas in mainstream macroeconomics today and showing how macroeconomic models build on and relate to each other. The self-contained text begins with models of individual decision makers, proceeds to models of general equilibrium without and with friction, and, finally, presents positive and normative theories of economic policy. After a review of the microeconomic foundations of macroeconomics, the book analyzes the household optimization problem, the representative household model, and the overlapping generations model. It examines risk and the implications for household choices and macroeconomic outcomes; equilibrium asset returns, prices, and bubbles; labor supply, growth, and business cycles; and open economy issues. It introduces frictions and analyzes their consequ

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Book SynopsisThis collection draws together the most significant writings on the economics of transition. Although there are a wide range of examples from different countries and industries, the focus is on analysis of the key issues. These include:* macroeconomics and stabilization* liberalization and the establishment of markets* property rights and the legal framework* reform of banking and finance, agriculture, and the trading system* the functioning of labour marketsThis collection draws on material from an enormous range of sources. It includes articles by Barry Eichengreen, Oliver Blanchard, Stanley Fischer and Janos Kornai.

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Book SynopsisThought-provoking and clearly explained, the new edition provides students of international economics and international business with a rigorous explanation of global economic theory and policy, both current trends and historic developments. It explores key models through case studies and review questions, enabling students to challenge the reporting of economic events by press and government alike. Split into 2 parts â International Trade and International Finance â the text explains conceptual building blocks before applying them to current events and controversies. Key issues discussed include: the influence of transportation costs economies of scale and the new economic geography the evaluation of preferential trade agreements european Economic and Monetary Union the integration of international financial markets international financial crises, China and other emerging economies. Fully illustrated with tables and figures to allow students to visualise the issues discussed, the lively prose gives this book a refreshing approach. An accompanying website also provides context and coverage of the international financial crisis of October 2008, including the so-called âcredit crunchâ and the collapse of some banking institutions.Table of Contents1. An Introduction: Life in an International Economy Part 1: International Trade and Trade Policy 2. Why Do Nations Trade? Some Early Answers 3. Why Do Nations Trade? Some Later Answers 4. Trade and the Role of Factor Endowments 5. Scale, Competition and Trade 6. The Theory of Protection Tariffs and Other Barriers to Trade 7. Arguments for Protection and the Political Economy of Trade Policy 8. International Mobility of Labor and Capital 9. Regional Blocs: Preferential Trade Liberalization 10. Commercial Policy and the WTO 11. Trade and Growth Part 2: International Finance and Open Economy Macroeconomics 12. The Balance of Payments and the Exchange Rate 13. Fundamentals of Exchange Rate Systems 14. An Introduction to Modeling the Open Economy 15. Extensions of the Basic Open Economy Model: Policy Effectiveness and the Large Open Economy 16. International Capital Markets 17. Modelling International Capital Markets 18. Policy Under Fixed Exchange Rates 19. Policy under Flexible Exchange Rates and Extensions of the Mundell-Fleming Model 20. Perfectly Flexible Prices and Exchange Rate Dynamics 21. The International Monetary System: A Brief History 22. European Monetary Integration 23. International Financial Crises

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Book SynopsisTrade Review"The literature on income distribution has undergone transformative change in the decade and a half since the first Handbook appeared. These timely new volumes by recognized scholars provide a comprehensive review of our current state of understanding and the challenges that inequality poses." --Robin Boadway, Queens University "Few issues are more topical, in both the academic and policy debates, than the distribution of income and wealth. This handbook takes the reader to the frontier of all aspects of these debates: its superb contributions, by the foremost experts in the field, cover historical developments, data issues, statistical methods, theoretical approaches, and policy implications. A must for academics and interested general readers alike." --Roberto Perotti, Università Bocconi "The increase in inequality is a pressing problem. Too often it is addressed with uninformed, oversimplified ideological slogans. If you want to go beyond those and really learn about this complicated topic, this is the essential and most complete book to read. A gem." --Alberto Alesina, Harvard University "In every academic discipline, fads come and fads go. But in economics the very core of our subject is the study of the distribution of income and well-being across the population. From this analysis stems all our best theories and our best empirical research. This Handbook distills that wisdom and presents the latest findings by those who happen to be giants in our discipline. Its chapters will provide the platform from which will emerge the most exciting and important research for decades to come." --Danny Quah, London School of EconomicsTable of ContentsPart III Explanations 14. Inequality in macro-economics. Jose-Victor Rios-Rull and Vincenzo Quadrini 15. Wealth and inheritance. Thomas Piketty 16. Intra-Household inequality. Pierre-André Chiappori and Costas Meghir 17. Health and inequality. Owen O'Donnell, Eddy van Doorslaer and Tom Van Ourti 18. Labour-market institutions and the dispersion of wage earnings. Wiemer Salverda and Daniele Checchi 19. Cross-country studies of the multiple causes of inequality in the OECD area. Michael F. Förster and Istvan György Toth 20. Globalization and inequality. Ravi Kanbur Part IV: Policies 21. Democracy, political institutions and inequality. James Robinson and Daron Acemoglu 22. Equitable development policies. Martin Ravallion 23. The welfare state and anti-poverty policy in rich countries. Brian Nolan, Ive Marx and Javier Olivera 24. Micro-simulation and policy analysis. Holly Sutherland, Alari Paulus and Francesco Figari

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Book SynopsisTable of ContentsPreface Trade Agreements: Issue Areas 1. Enforcement and Dispute Settlement J.-H. Park 2. The Escape Clause in Trade Agreements M. Beshkar and E.W. Bond 3. Dumping and Antidumping Duties B.A. Blonigen and T.J. Prusa 4. Subsidies and Countervailing Duties G.M. Lee 5. Non-Tariff Measures and the World Trading System J. Ederington and M. Ruta 6. Preferential Trade Agreements N. Limão 7. Special and Differential Treatment for Developing Countries E. Ornelas 8. Trade, Intellectual Property Rights, and the World Trade Organization K. Saggi 9. Issue Linkage G. Maggi

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Book SynopsisJohn Sloman was Director of the Economics Network from its foundation in 1999 until 2012 and is now Visiting Fellow at the University of Bristol, where the Network is based. John is also Visiting Professor at the University of the West of England, Bristol. Dean Garratt is a Senior Teaching Fellow at Aston Business School and Associate of the Economics Network. Dean is also an Academic Assessor for the Government Economics Service and a tutor on HM Treasury's Graduate Development Programme. Discover more on our Sloman Economics news site.

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Book SynopsisOlivier Blanchard studied at the University of Paris, Nanterre, and has taught at the Massachusetts Institute of Technology since 1982. He was Chief Economist at the International Monetary Fund between 2008 and 2015. He is currently the Fred Bergsten Senior Fellow at the Peterson Institute for International Economics in Washington. He also remains Robert M. Solow Professor of Economics Emeritus. Francesco Giavazzi is a Professor of Economics at Bocconi University in Milan and has been a visiting professor at the Massachusetts Institute of Technology for over a decade, where he teaches a course on Macroeconomics to Undergraduate students based on this textbook. Alessia Amighini is an associate professor of Economics at Universita del Piemonte Orientale in Novara, Italy, and an adjunct professor of international economics at the Catholic university in Milan.

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Book SynopsisMichael Parkin is Professor Emeritus of the University of Western Ontario. His books are used by over a million students across the world. Melanie Powell is Senior Lecturer in Economics and Postgraduate Course Director at Derby University Business School. Kent Matthews is Sir Julian Hodge Professor of Banking and Finance at the Cardiff Business School, Cardiff University, and Professor in Banking at Nottingham University Business School, University of Nottingham Ningbo China.Table of ContentsPart 1: The Scope of Economics What Is Economics? The Economic Problem Part 2: How Markets Work Demand and Supply Elasticity Efficiency and Equity Government Actions in Markets Global Markets in Action Part 3: Households, Firms and Markets Households' Choices Organising Production Output and Costs Perfect Competition Monopoly Monopolistic Competition Oligopoly Part 4: Coping with Market Failure Public Choices and Public Goods Economics of the Environment Part 5: Factor Markets, Inequality and Uncertainty Markets for Factors of Production Economic Inequality and Redistribution Uncertainty and Information Part 6: Monitoring Macroeconomic Performance Measuring GDP and Economic Growth Monitoring Jobs and Inflation Part 7: Macroeconomic Trends Economic Growth Finance, Saving and Investment Money, the Price Level and Inflation International Finance Part 8: Macroeconomic Fluctuations Aggregate Supply and Aggregate Demand Expenditure Multipliers The Business Cycle, Inflation and Deflation Part 9: Macroeconomic Policy Fiscal Policy Monetary Policy Glossary Index Publisher's Acknowledgements

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Book SynopsisMainstream textbooks present economics as an objective science, free from value judgements. This book demonstrates this to be a myth one which serves to make such textbooks not only off-puttingly bland, but also dangerously misleading in their justification of the status quo and neglect of alternatives.In this much-needed companion volume to the popular Microeconomics Anti-Textbook, Tony Myatt reveals how the blind spots and methodological problems present in microeconomics continue to exert their influence in mainstream macroeconomics. From a flawed conception of the labour market, to a Pollyana view of the financial sector, macroeconomic principles as they are set out in conventional undergraduate textbooks consistently fail to set out a realistic, useful, or equitable framework for understanding the world.By summarising and then critically evaluating the major topics found in a typical macroeconomics textbook, the Anti-Textbook lays bare their sins of omission and commissionTrade ReviewIf I was still teaching undergraduates, I would definitely use this book! * Roger E. A. Farmer, Distinguished Professor Emeritus at UCLA, USA, and Professor at the University of Warwick, UK *I have waited nearly a decade for the sequel to one of my favorite academic books and it was worth the wait. Myatt has crafted an easy-to-read book that presents the mainstream view in a clear way on one page and then thoroughly debunks it on the next. His ability to be straightforward and brief is a breath of fresh air in Economics. I used his 'questions for your professor' sections when I was an undergrad and stunned my professors time and time again. I urge you all to do the same. * James Mathew Harris, Educator *Table of ContentsTables and figures Acknowledgements Preface: What is an “anti” textbook, and why do we need one? Part 1: INTRODUCTION Ch1 What is macroeconomics Ch2 Measurement, mismeasurement and omission Part 2: LONG RUN ECONOMIC GROWTH Ch3 Growth: what we know and what we don’t Ch4 Growth: happiness and inequality Ch5 The financial system: the belly of the beast Part 3: SHORT RUN FLUCTUATIONS Ch6 Short-run macro models: a revolution that misfired Ch7 Fiscal policy: why deficits and debt might not matter Ch8 Money and banking: crony capitalism and the corruption it breeds Ch9 Monetary policy: the fixation on inflation Ch10 Unemployment and inflation: the political economy of unemployment Part 4: CONCLUSION Ch11 Summing Up

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Book SynopsisExam Board: OCR Level: A-Level Subject: Economics First Teaching: September 2015 First Exam: Summer 2016Create confident, numerate and well-prepared students with skills-focused, topic-specific workbooks.- Prepare students to meet the demands of the 2015 OCR A-Level Economics specification by practising exam technique and developing literacy and numeracy skills- Supplement key resources such as textbooks to adapt easily to existing schemes of work- Reinforce and apply topic understanding with flexible material for classwork or revision- Create opportunities for self-directed learning and assessment with answers to tasks and activities supplied online

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Book SynopsisExam Board: OCR Level: AS/A-level Subject: Economics First Teaching: September 2015 First Exam: Summer 2016Reinforce students'' understanding throughout the course. Clear topic summaries with sample questions and answers will help to improve exam technique to achieve higher grades.Written by experienced teacher Sam Dobin, this Student Guide will help you to:- Identify key content with a concise summary of topics examined in the 2015 OCR A level Economics specification- Measure understanding with exam tips and knowledge-check questions, with answers at the end of the guide- Develop independent learning skills with content that can be used for further study and research- Improve exam technique with sample graded answers to exam-style questions

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