Macroeconomics with MyEconLab Student Access Kit

by Abel, Andrew B.; Bernanke, Ben S.

• ISBN13: 9780321199638
• ISBN10: 0321199634
• Edition: 5th
• Format: Package
• Copyright: 2004-01-01
• Publisher: Addison Wesley

Summary

The fifth edition of Macroeconomics emphasizes a core set of ideas across a variety of topics, providing a comprehensive, balanced treatment of classical and Keynesian economics. This text plays upon students' natural curiosity and desire for relevance by offering a modern, applied approach to traditional topics and an in-depth look at areas of macroeconomics not covered by other texts. The flexibility gained by using this comprehensive approach gives instructors the opportunity to tailor course coverage and topic sequence. Pedagogical tools reinforce concepts, and end-of-chapter features help students to organize their learning. Accompanying exercises in the text provide a unique opportunity for students to analyze the very data that policy makers, professional economists, and government officials rely on in their day-to-day work. MyEconLab offers a full suite of online resources for students and instructors.

Table of Contents

Introduction

Introduction to Macroeconomics

The Measurement and Structure of the National Economy

Long-Run Economic Performance

Productivity, Output, and Employment

Consumption, Saving, and Investment

Saving and Investment in the Open Economy

Long-Run Economic Growth

The Asset Market, Money, and Prices

Business Cycles And Macroeconomic Policy

Business Cycles

The IS-LM/AD-AS Model: A General Framework for Macroeconomic Analysis

Classical Business Cycle Analysis: Market-Clearing Macroeconomics

Keynesianism: The Macroeconomics of Wage and Price Rigidity

Macroeconomic Policy: Its Environment And Institutions

Unemployment and Inflation

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

Monetary Policy and the Federal Reserve System

Government Spending and Its Financing

Table of Contents provided by Publisher. All Rights Reserved.