Macroeconomics

Author(s)

• Williamson, Stephen D.

Bibliographic Information

Macroeconomics

Stephen D. Williamson

Pearson, c2018

6th ed

Note

Includes index

Description and Table of Contents

Description

For courses in undergraduate Macroeconomics courses. A modern approach to teaching macroeconomics Macroeconomics uses a thoroughly modern approach by building macroeconomic models from microeconomic principles. As such, it is consistent with the way that macroeconomic research is conducted today. This approach allows for deeper insights into economic growth processes and business cycles-the key topics in macroeconomics. An emphasis on microeconomic foundations better integrates the study of macroeconomics with approaches learned in microeconomics and field courses in economics. By following an approach to macroeconomics that is consistent with current macroeconomic research, you become better prepared for advanced study in economics. The 6th Edition captures the latest developments in macroeconomic thinking, applied to recent economic events and developments in macroeconomic policy. With the financial crisis receding, new challenges that macroeconomists and policymakers currently need to address are covered in the text.

Table of Contents

Table of Contents Part 1: Introduction and Measurement Issues Introduction Measurement Business Cycle Measurement Part 2: Basic Macroeconomic Models: A One-Period Model and Models of Search and Unemployment Consumer and Firm Behavior: The Work-Leisure Decision and Profit Maximization A Closed-Economy One-Period Macroeconomic Model Search and Unemployment Part 3: Economic Growth Economic Growth: Malthus and Solow Income Disparity Among Countries and Endogenous Growth Part 4: Savings, Investment, and Government A Two-Period Model: The Consumption-Savings Decision and Credit Markets Credit Market Imperfections: Credit Frictions, Financial Crises, and Social Security A Real Intertemporal Model with Investment Part 5: Money and Business Cycles Money, Banking, Prices, and Monetary Policy Business Cycle Models with Flexible Prices and Wages New Keynesian Economics: Sticky Prices Inflation: Phillips Curves and Neo-Fisherism Part 6: International Macroeconomics International Trade in Goods and Assets Money in the Open Economy Part 7: Money, Inflation, and Banking Money, Inflation, and Banking: A Deeper Look

by "Nielsen BookData"

• NCID: BB29184846
• ISBN:
  • 9780134472119
• LCCN: 2016042605
• Country Code: us
• Title Language Code: eng
• Text Language Code: eng
• Place of Publication: New York
• Pages/Volumes: xx, 709 p.
• Size: 24 cm
• Classification:
  • LCC : HB172.5
  • DC23 : 339
• Subject Headings:
  • LCSH : Macroeconomics