Macroeconomics and Active Graphs CD Package

by Blanchard, Olivier

• ISBN13: 9780131462250
• ISBN10: 0131462253
• Edition: 3rd
• Format: Hardcover w/CD
• Copyright: 2003-01-01
• Publisher: Pearson College Div

Summary

For courses in Intermediate Macroeconomics or MBA level Macroeconomics for Managers. The fundamental goals of this text are to provide an integrated view of macroeconomics, and to make close contact with current macroeconomic events. This Intermediate Macroeconomics text is organized around a set of core chapters followed by three optional extensions. the core covers the short run, medium run and then long run and is then followed by the three extensions: openness, expectations, and pathologies. the book concludes with a section on policy although policy issues are also sprinkled through most chapters. the book is known for its global emphasis and empirical applications. the Third Edition has simplified many of the more difficult topics. Theoretical material is always presented in three ways: in words, in graphs, and with algebra.

Table of Contents

INTRODUCTION.

1. A Tour of the World.
2. A Tour of the Book.

THE CORE.

The Short Run.

3. The Goods Market.
4. Financial Markets.
5. Goods and Financial Markets: The IS-LM Model.

The Medium Run.

6. The Labor Market.
7. Putting All Markets Together: The AS-AD Model.
8. The Natural Rate of Unemployment and The Phillips Curve.
9. Inflation, Activity, and Money Growth.

The Long Run.

10. The Facts of Growth.
11. Saving, Capital Accumulation, and Output.
12. Technological Progress and Growth.
13. Technological Progress, Wages, and Unemployment.

Expectations.

14. Expectations: The Basic Tools.
15. Financial Markets and Expectations.
16. Expectations, Consumption, and Investment.
17. Expectations, Output, and Policy.

The Open Economy.

18. Openness in Goods and Financial Markets.
19. The Goods Market in an Open Economy.
20. Output, the Interest Rate, and the Exchange Rate.
21. Exchange Rate Regimes.

Pathologies.

22. Slumps and Depressions.
23. High Inflation.

BACK TO POLICY.

24. Should Policy Makers Be Restrained?
25. Monetary Policy: A Summing Up.
26. Fiscal Policy: A Summing Up.

Epilogue.

27. The Story of Macroeconomics.

APPENDICES.

Appendix 1: An Introduction to National Income and Product Accounts.
Appendix 2: A Math Refresher.
Appendix 3: An Introduction to Econometrics.
Glossary.
Index.