Bibliographic Information

Macroeconomics

Andrew B. Abel, Ben S. Bernanke

(Addison-Wesley series in economics)

Addison-Wesley, c2001

4th ed

Available at  / 30 libraries

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Includes indexes

Description and Table of Contents

Description

This text is the most even-handed and comprehensive treatment of the competing classical and Keynesian approaches in the market. By starting with topics on which the two approaches agree, the book highlights the common ground between them and then clearly presents the outstanding differences within the context of a single framework.Macroeconomics now includes a password that gives students access to a special edition of The Conference Board's Business Cycle Indicators database containing over 100 hand-picked data series. Accompanying exercises in the text provide a unique opportunity for students to analyze the very data that policy makers, professional economists, and government officials rely on in their day-to-day work.

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. Appendix A: Some Useful Analytical Tools. Glossary. Name Index. Subject Index.

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