Macroeconomics

by Jones, Charles I.

• ISBN13: 9780393935110
• ISBN10: 0393935116
• Format: Hardcover
• Copyright: 2009-12-01
• Publisher: W W NORTON

Summary

The current economic crisis is the worst since the Great Depression: the events themselves and the actions by the Fed and Treasury Department are equally unprecedented. Macroeconomics: Economic Crisis Update contains two brand-new chapters that directly address the crisis and present it in terms of the short-run models used in macroeconomics.

Table of Contents

Introduction

Introduction to Macroeconomics

Measuring the Macroeconomy

The Long Run

An Overview of Long-Run Economic Growth

A Model of Production

The Solow Growth Model

Growth and Ideas

The Short Run

The Labor Market, Wages, and Unemployment

Inflation

An Overview of the Short-Run Model

The IS Curve

Monetary Policy and the Phillips Curve

Stabilization Policy and the AS/AD Framework

The Global Financial Crisis: Overview

The Global Financial Crisis and the Short-Run Model

Policy

The Government and the Macroeconomy

International Trade

Exchange Rates and International Finance

Conclusion

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