Macroeconomics: Theories and Policies

by Froyen, Richard T.

• ISBN13: 9780023395918
• ISBN10: 0023395915
• Edition: 4th
• Format: Hardcover
• Copyright: 1993-01-01
• Publisher: Pearson College Div

Table of Contents

Introduction	p. 3
Measurement of Macroeconomic Variables	p. 17
Classical Macroeconomics (I): Equilibrium Output and Employment	p. 41
The Classical System (II): Money, Prices, and Interest	p. 63
The Keynesian System (I): The Role of Aggregate Demand	p. 89
Appendix: Exports and Imports in the Simple Keynesian Model	p. 118
The Keynesian System (II): Money, Interest, and Income	p. 123
Appendix: The Algebra of the IS-LM Model	p. 167
The Keynesian System (III): Policy Effects in the IS-LM Model	p. 173
Appendix: Monetary and Fiscal Policy Multipliers in the IS-LM Curve Model	p. 197
The Keynesian System (IV): Aggregate Supply	p. 203
The Monetarist Counterrevolution	p. 249
Output, Inflation, and Unemployment: Monetarist and Keynesian Views	p. 287
New Classical Economics	p. 313
New Classical and New Keynesian Directions	p. 341
Macroeconomic Models: A Summary	p. 363
Consumption and Investment	p. 375
Money Demand	p. 419
The Money Supply Process	p. 453
The Supply Side: Intermediate- and Long-Term Economic Growth	p. 479
Fiscal Policy	p. 517
Monetary Policy	p. 549
Appendix to Part IV: Selected Macroeconomic Policy Actions, 1929-91	p. 572
Exchange Rates and the International Monetary System	p. 583
Appendix to Part V: An Open Economy Macroeconomic Model	p. 623
Glossary	p. 637
Index	p. 645
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