9780130328595

Macroeconomics: Theories and Policies

by
  • ISBN13:

    9780130328595

  • ISBN10:

    0130328596

  • Edition: 7th
  • Format: Hardcover
  • Copyright: 1/1/2002
  • Publisher: PRENTICE HALL
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Summary

This book traces the history of macroeconomics, the evolution of macroeconomic thought, and the resulting theory and policy. The book places the various macroeconomic theories in the order in which they developed chronologically, and illustrates the similarities and differences of the models. Starting with classical economics and the Keynesian revolution, this book explores the macroeconomic theory after Keynes, open economy macroeconomics, economic policy, and sectoral functions. Financial officers and professionals making pecuniary decisions and analyses.

Table of Contents

Preface xvii
Part I: Introduction and Measurement 1(34)
Introduction
3(12)
Measurement of Macroeconomic Variables
15(20)
Part II: Macroeconomic Models 35(270)
Classical Macroeconomics (I): Equilibrium Output and Employment
37(23)
Classical Macroeconomics (II): Money, Prices, and Interest
60(20)
The Keynesian System (I): The Role of Aggregate Demand
80(31)
The Keynesian System (II): Money, Interest, and Income
111(42)
The Keynesian System (III): Policy Effects in the IS-LM Model
153(25)
The Keynesian System (IV): Aggregate Supply and Demand
178(38)
The Monetarist Counterrevolution
216(22)
Output, Inflation, and Unemployment: Alternative Views
238(21)
New Classical Economics
259(21)
Real Business Cycles and New Keynesian Economics
280(18)
Macroeconomic Models: A Summary
298(7)
Part III: Open Economy Macroeconomics 305(56)
Exchange Rates and the International Monetary System
307(34)
Monetary and Fiscal Policy in the Open Economy
341(20)
Part IV: Economic Policy 361(68)
The Money Supply Process
363(22)
Monetary Policy
385(21)
Fiscal Policy
406(23)
Part V: Extensions of the Models 429(80)
Long- and Intermediate-Term Economic Growth
431(31)
Consumption and Investment
462(25)
Money Demand
487(22)
Glossary 509(6)
Index 515

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