Description
Book SynopsisThis EMEA edition of Robert Barro's popular text has been fully updated to reflect the macroeconomics of a post-financial crisis world. Starting with long-run macroeconomics, this text explores some of the key theories and models in macroeconomics such as the Keynesian model and the business-cycle model, finishing with extending the equilibrium model to the open economy. This exciting edition, which has been fully updated by Professor Angus Chu and Professor Guido Cozzi, provides an accurate and unified presentation of current macroeconomic thought whilst maintaining Professor Barro's original vision for his textbook.
Table of ContentsPART 1 INTRODUCTION 1 Thinking about Macroeconomics 2 National-Income Accounting: Gross Domestic Product and the Price Level PART 2 ECONOMIC GROWTH 3 Introduction to Economic Growth 4 Working with the Solow Growth Model 5 Conditional Convergence and Long-Run Economic Growth PART 3 ECONOMIC FLUCTUATIONS 6 Macroeconomics without Microeconomic Foundations 7 Markets, Prices, Supply, and Demand 8 Consumption, Saving, and Investment 9 An Equilibrium Business-Cycle Model 10 Capital Utilization and Unemployment PART 4 MONEY AND PRICES 11 The Demand for Money and the Price Level 12 Inflation, Money Growth, and Interest Rates PART 5 THE GOVERNMENT SECTOR 13 Government Expenditure 14 Taxes 15 Public Debt PART 6 MONEY AND BUSINESS CYCLES 16 Money and Business Cycles I: The Price-Misperceptions Model 17 Money and Business Cycles II: Sticky Prices and Nominal Wage Rates PART 7 INTERNATIONAL MACROECONOMICS 18 World Markets in Goods and Credit 19 Exchange Rates
