Description
Book SynopsisNow revised and updated, this volume offers the latest edition of the very successful macroeconomics textbook. The authors deal with sophisticated issues using advanced economic theory, but in a manner that is accessible to anyone taking a single course in macroeconomics.
Table of ContentsPreface
Part One. Introduction
Chapter 1. What Is Macroeconomics?
Chapter 2. The Language of Macroeconomics: The National Income Accounts
Part Two. Economic Growth and The Supply Side
Chapter 3. The Wealth of Nations: The Supply Side
Chapter 4. Capital Accumulation and Economic Growth
Chapter 5. Total Factor Productivity, Human Capital and Technology
Chapter 6. Endogenous Growth and Convergence
Chapter 7. Unemployment and the Labour Market
Chapter 8. International Trade
Chapter 9. Globalization
Part Three. Business Cycles and Economic Policy
Chapter 10. Consumption and Investment
Chapter 11. Business Cycles
Chapter 12. Money and Prices
Chapter 13. Monetary Policy
Chapter 14. Fiscal Policy and the Role of Government
Chapter 15. Stabilization Policy
Part Four. Asset Markets and the Financial Sector
Chapter 16. Financial Markets: Equities and Bonds
Chapter 17. The Banking Sector
Chapter 18. Sovereign Debt and Default
Part Five. Exchange Rates and Global Capital Markets
Chapter 19. Exchange Rate Determination I: The Real Exchange Rate
Chapter 20. Exchange Rate Determination II: Nominal Exchange Rates and Asset Markets
Chapter 21. Currency Crises and Exchange Rate Systems
Glossary
Notes
Index
