Macroeconomics
著者
書誌事項
Macroeconomics
Worth Publishers, c1997
3rd ed
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注記
Includes bibliographies and index
内容説明・目次
内容説明
Fully revised and updated, Macroeconomics, 3rd edition presents new events, data, and ideas with the same elegance and coherence that made the previous editions such favourites with students and teachers all over the world. Features of Macroeconomics 3rd edition: * Mankiw's modern approach to macroeconomics - now standard in many classrooms - presents a balanced and integrated view of classical long-run theories and short-run Keynesian analysis, each complementing the other. * Classical models of the economy are discussed before short-run fluctuations, an organization that greatly simplifies the material. * Students learn how to use and compare sets of prominent models, an approach that encourages them to think like economists. Fascinating case studies help students understand the broad applicability of the concepts they are learning. New in Macroeconomics 3rd edition: * A more intuitive description of real-business-cycle theory. * A more complete discussion of hyperinflation. * Dozens of new end-of-chapter problems.
目次
Preface - PART ONE: INTRODUCTION - The Science of Macroeconomics - Why Study Macroeconomics - How Economists Think - How this Book Proceeds - The Data of Macroeconomics - Measuring the Value of Economic Activity: Gross Domestic Product - Measuring the Cost of Living: The Consumer Price Index - Measuring Joblessness: The Unemployment Rate - Conclusion: From Economic Statistics to Economic Models - PART TWO: THE ECONOMY IN THE LONG RUN - National Income: Its Production, Distribution, and Allocation - The Production of Goods and Services - Distributing National Income to the Factors of Production - The Demand for Goods and Services - Equilibrium and the Interest Rate - Conclusion - Appendix: TheCobb-Douglas Production Function - Economic Growth - The Accumulation of Capital - The Golden Rule Level of Capital - Population Growth - Technological Progress - Policies to Promote Growth - Conclusion: Beyond the Solow Model - Appendix: Accounting for the Sources of Economic Growth - Unemployment - Job Loss, Job Finding, and the Natural Rate of Unemployment - Job Search and Frictional Unemployment - Real-Wage Rigidity and Wait Unemployment - Patterns of Unemployment - Conclusion - Money and Inflation - What is Money? - The Quantity Theory of Money - Seigniorage: The Revenue From Printing Money - Inflation and Interest Rates - The Nominal Interest Rate and the Demand for Money - The Social Costs of Inflation - Hyperinflation - Conclusion: The Classical Dichotomy - Appendix: The Impact of Current and Future Money on the Price Level - The Open Economy - The International Flows of Capital and Goods - Saving and Investment in a Small Open Economy - Exchange Rates - Conclusion: The United States as a Large Open Economy - Appendix: The Large Open Economy - PART THREE: THE ECONOMY IN THE SHORT RUN - Introduction to Economic Fluctuations - How the Short Run and Long Run Differ - Aggregate Demand - Aggregate Supply - Stabilization Policy - Conclusion - Aggregate Demand - The Goods Market and the IS Curve - The Money Market and the LM Curve - Conclusion: The Short-Run Equilibrium - Aggregate Demand II - Explaining Fluctuations with the IS-LM Model - IS-LM as a Theory of Aggregate Demand - The Great Depression - Conclusion - Appendix: The Simple Algebra of the IS-LM Model and the Aggregate Demand Curve - Aggregate Demand in the Open Economy - The Mundell-Fleming Model - The Small Open Economy Under Floating Exchange Rates - The Small Open Economy Under Fixed Exchange Rates - Interest-Rate Differentials - Should Exchange Rates be Floating or Fixed? - The Mundell-Fleming Model with a Changing Price Level - A Concluding Reminder - Appendix: A Short-Run Model of the Large Open Economy - Aggregate Supply - Four Models of Aggregate Supply - Inflation, Unemployment, and the Phillips Curve - Conclusion - The Macroeconomic Policy Debate - Should Policy be Active or Passive? - Should Policy be Conducted by Rule or by Discretion? - Conclusion: Making Policy in an Uncertain World - Appendix: Time Inconsistency and the Tradeoff between Inflation and Unemployment - Recent Developments in the Theory of Economic Fluctuations - The Theory of the Real Business Cycles - New Keynesian Economics - Conclusion - PART FOUR: MORE ON THE MICROECONOMICS BEHIND MACROECONOMICS - Consumption - John Maynard Keynes and the Consumption Function - Irving Fisher and Inertemporal Choice - Franco Modigliani and the Life-Cycle Hypothesis - Milton Friedman and the Permanent-Income Hypothesis - Conclusion - The Debates Over Government Debt - The Traditional View of Government Debt - The Ricardian View of Government Debt - Is the Budget Deficit Correctly Measured? - Conclusion - Investment - Business Fixed Investment - Residential Investment - Inventory Investment - Conclusion - Money Supply and Money Demand - Money Supply - Money Demand - Financial Innovation and the Rise of Near Money - Conclusion - Epilogue - What We Know, What We Don't - The Four Most Important Lessons of Macroeconomics - The Four Most Important Unresolved Questions of Macroeconomics - Conclusions - Glossary - Index
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