Macroeconomics plus MyEconLab plus eBook 1-semester Student Access Kit

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Edition: 6th
Format: Package
Pub. Date: 2008-01-01
Publisher(s): Addison Wesley
List Price: $194.47

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Summary

Abel, Bernanke, and Croushore present macroeconomic theory in a way that prepares readers to analyze real macroeconomic data used by policy makers and researchers. This text uses a unified approach based on a single economics model that provides readers with a clear understanding of macroeconomics and its classical and Keynesian assumptions. 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. For all readers interested in intermediate macroeconomics.

Table of Contents

I. INTRODUCTION 1. Introduction to Macroeconomics 2. The Measurement and Structure of the National Economy II. LONG-RUN ECONOMIC PERFORMANCE 3. Productivity, Output, and Employment 4. Consumption, Saving, and Investment 5. Saving and Investment in the Open Economy 6. Long-Run Economic Growth 7. The Asset Market, Money, and Prices III. BUSINESS CYCLES AND MACROECONOMIC POLICY 8. Business Cycles 9. The IS-LM/AD-AS Model: A General Framework for Macroeconomic Analysis 10. Classical Business Cycle Analysis: Market-Clearing Macroeconomics 11. Keynesianism: The Macroeconomics of Wage and Price Rigidity IV. MACROECONOMIC POLICY: ITS ENVIRONMENT AND INSTITUTIONS 12. Unemployment and Inflation 13. Exchange Rates, Business Cycles, and Macroeconomic Policy in the Open Economy 14. Monetary Policy and the Federal Reserve System 15. Government Spending and Its Financing

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