Bibliographic Information

Macroeconomics

Adnrew B. Abel, Ben S. Bernanke, Robert McNabb

Addison-Wesley, 1998

European ed

Available at  / 7 libraries

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Includes bibliographical references and indexes

Description and Table of Contents

Description

This popular text has now been thoroughly updated for the European market, and contains a unique balance of modern, student friendly format and truly European coverage of the key issues. Providing lively and up-to-date coverage of a wide range of macroeconomic issues and ideas, the text will help students think critically and coherently about today's macroeconomic agenda. With extensive use of real-world applications, the text also relates theory to UK and European economic history, institutions and policy issues.

Table of Contents

Part I: INTRODUCTION. 1. Introduction. 2. The Measurement and Structure of the National Economy. Part II: THE MACROECONOMICS OF FULL EMPLOYMENT. 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. 8. Household Decisions to Consume, Save and Work: A More Formal Treatment. Part III: BUSINESS CYCLES AND MACROECONOMIC POLICY. 9. Business Cycles. 10. The IS-LM Model: A General Framework for Macroeconomic Analysis. 11. Classical Business Cycle Analysis: Market-Clearing Macroeconomics. 12. Keynesianism: The Macroeconomics of Wage and Price Rigidity. Part IV: MACROECONOMIC POLICY: ITS ENVIRONMENT AND INSTITUTIONS. 13. Unemployment and Inflation. 14. Exchange Rates, Business Cycles and Macroeconomic Policy in the Open Economy. 15. Monetary Policy and the Federal Reserve System. 16. Government Spending and Its Financing. Appendix A: Some Useful Analytical Tools. Glossary. Name Index. Subject Index.

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