Macroeconomics : Theory, Policy, and International Applications

by Miller

• ISBN13: 9780324007176
• ISBN10: 0324007175
• Edition: 2nd
• Format: Hardcover
• Copyright: 2000-07-20
• Publisher: South-Western College Pub

Summary

This text provides a sophisticated and comprehensive treatment of intermediate macroeconomic theory. It focuses on helping the reader understand macroeconomic theory and how to apply it to important business, policy, and global issues. Management, policy, and international applications are integrated throughout. In addition, the latest technology tools enhance reader understanding of macroeconomics.

Table of Contents

Unit I INTRODUCTION	1	(54)
The Macroeconomy	2	(26)
Measuring Macroeconomic Variables	28	(27)
Unit II CLASSICAL AND TRADITIONAL MACROECONOMIC THEORY	55	(250)
Classical Macroeconomic Theory	56	(43)
The Theory of Economic Growth	99	(42)
Essentials of the Keynesian System	141	(42)
Money in the Traditional Keynesian System	183	(43)
Fiscal Policy in the Traditional Keynesian System	226	(37)
The Keynesian and Monetarist Views on Price and Output Determination	263	(42)
Unit III RATIONAL EXPECTATIONS AND MODERN MACROECONOMIC THEORY	305	(106)
Rational Expectations, New Classical Macroeconomics, and Efficient Markets	306	(33)
Modern Keynesian Theory with Rational Expectations	339	(36)
New Keynesians versus Real-Business-Cycle Theorists	375	(36)
Unit IV MACROECONOMIC POLICY	411	(130)
Objectives and Targets of Macroeconomic Policy	412	(44)
Rules Versus Discretion in Macroeconomic Policy	456	(41)
International Dimensions of Macroeconomic Policy	497	(44)
Glossary	541	(8)
Index	549