9781464168505

Macroeconomics: Canadian Edition

by ;
  • ISBN13:

    9781464168505

  • ISBN10:

    1464168504

  • Edition: 5th
  • Format: Hardcover
  • Copyright: 5/9/2014
  • Publisher: Worth Publishers

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Summary

This special edition of Greg Mankiw’s intermediate macroeconomics textbook takes the same approach that made the parent text a bestseller, but with coverage shaped to address fiscal policy, monetary/exchange-rate policy, deficit reduction, and other critical economic issues from the uniquely Canadian perspective. 

Like Mankiw’s Macroeconomics, the Canadian edition teaches fundamentals by relating theoretical concepts to big issues and policy debates, but illustrates those ideas and discussions with examples and cases from Canada, as well as research by Canadian economists.

 

Author Biography

N. Gregory Mankiw is a Professor of Economics at Harvard University. He began his study of economics at Princeton University, where he received an A.B. in 1980. After earning a Ph.D. in economics from MIT, he began teaching at Harvard in 1985 and was promoted to full professor in 1987. Professor Mankiwis a regular participant in academic and policy debates. His research ranges across macroeconomics and includes work on price adjustment, consumer behavior, fanancial markets, monetary and fiscal policy, and economic growth. In addition to his duties at Harvard, he has been a research associate of the National Bureau of Economic Research, a member of the Brookings Panel on Economic Activity, and an adviser to the Federal Reserve Bank of Boston and the Congressional Budget Office. From 2003 to 2005 he was chairman of the President's Council of Economic Advisers.

Table of Contents

Part I: Introduction
1.The Science of Macroeconomics
2. The Data of Macroeconomics

Part II: Classical Theory: The Economy in the Long Run
3. National Income: Where It Comes From and Where It Goes 
New!
4. The Monetary System: What It Is, and How It Works

5. Inflation: Its Causes, Effects, and Social Costs

6. The Open Economy 

7. Unemployment

Part III: Growth Theory: The Economy in the Very Long Run
8. Economic Growth I: Capital Accumulation and Population Growth 

9. Economic Growth II: Technology, Empirics, and Policy

Part IV: Business Cycle Theory: The Economy in the Short Run 

10. Introduction to Economic Fluctuations 

11. Aggregate Demand I: Building the IS-LM Model
12. Aggregate Demand II: Applying the IS-LM Model 

13. The Open Economy Revisited: The Mundell-Fleming Model and the Exchange-Rate Regime 

14. Aggregate Supply and the Short-run Tradeoff Between Inflation and Unemployment

New Organization! Part V: Topics in Macroeconomic TheoryThoroughly revised!
15. A Dynamic Model of Aggregate Demand and Aggregate Supply 

16. Consumption
17. Investment

Part VI: Topics in Macroeconomic Policy
18. Stabilization Policy 

19. Government Debt and Budget Deficits
New! 20. The Financial System: Opportunities and Crises

Epilogue: What We Know, What We Don’t

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