Macroeconomics

Hardcover | February 16, 2016

byAndrew B. Abel, Ben Bernanke, Dean Croushore

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For courses in Intermediate Macroeconomics.

 

A Unified Approach to Economic Theory

Demonstrating a balanced treatment of both classical and Keynesian economics, Macroecomomics presents macroeconomic theory in a big-picture way. Comprehensive coverage makes it easy for readers to analyze real macroeconomic data used by policy makers and researchers. This text uses a unified approach based on a single economics model that provides readers with a clear understanding of macroeconomics and its classical and Keynesian assumptions. The Ninth Edition features new applications, boxes, and problems throughout and reflects recent events and developments in the field in light of recent crises in the United States and Europe.

 

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  • 0134167392 / 9780134167398 Macroeconomics

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For courses in Intermediate Macroeconomics.   A Unified Approach to Economic Theory Demonstrating a balanced treatment of both classical and Keynesian economics, Macroecomomics presents macroeconomic theory in a big-picture way. Comprehensive coverage makes it easy for readers to analyze real macroeconomic data used by policy mak...

Andrew B. Abel The Wharton School of the University of Pennsylvania   Ronald A. Rosenfeld Professor of Finance at The Wharton School and professor of economics at the University of Pennsylvania, Andrew Abel received his A.B. summa cum laude from Princeton University and his Ph.D. from the Massachusetts Institute of Technology. ...

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Format:HardcoverDimensions:672 pages, 10.1 × 8.1 × 1.1 inPublished:February 16, 2016Publisher:Pearson EducationLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0134167392

ISBN - 13:9780134167398

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Table of Contents

Part 1: Introduction

1. Introduction to Macroeconomics

2. The Measurement and Structure of the National Economy

 

Part 2: Long-Run Economic Performance

3. Productivity, Output, and Employment

4. Consumption, Saving, and Investment

5. Saving and Investment in the Open Economy

6. Long-Run Economic Growth

7. The Asset Market, Money, and Prices

 

Part 3: Business Cycles and Macroeconomic Policy

8. Business Cycles

9. The IS–LM/AD–AS Model: A General Framework for Macroeconomic Analysis

10. Classical Business Cycle Analysis: Market-Clearing Macroeconomics

11. Keynesianism: The Macroeconomics of Wage and Price Rigidity

 

Part 4: Macroeconomic Policy: Its Environment and Institutions

12. Unemployment and Inflation

13. Exchange Rates, Business Cycles, and Macroeconomic Policy in the Open Economy

14. Monetary Policy and the Federal Reserve System

15. Government Spending and Its Financing

 

Appendix A: Some Useful Analytical Tools