Contemporary macroeconomics : new global disorder
著者
書誌事項
Contemporary macroeconomics : new global disorder
(Springer texts in business and economics)
Springer, c2023
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注記
Includes bibliographical references (p. 921-928) and index
内容説明・目次
内容説明
This book covers a lot of ground in contemporary macroeconomics, from fundamental theories such as market structures and equilibrium to emerging concepts that reflect the most critical challenges of modern times, including economic slowdowns, the resilience of public health systems, digitalization, environmental footprints, and many more. The COVID-19 outbreak has aggravated the recurrent problems of poverty and income inequality between countries, food insecurity and hunger, unemployment, and social disorders that have resulted in the exacerbation of political, economic, and trade tensions between countries. In view of the damaging consequences of the pandemic for the entire global economy, the book examines how existing macroeconomic tools and policies could be adapted to the new normal to ensure sustainable post-pandemic development and growth.
The main text is interspersed with real-life illustrations and cases that demonstrate practical implications of the concepts under study. This makes the reading relevant and active. Every chapter starts with learning objectives and ends with a series of questions and quizzes that enable easier reinforcement of the course content. This book is written mainly for students, but it would be much useful to the broader public audience, including postgraduates, researchers, and business people who will be able to learn all recent updates about macroeconomics and the post-pandemic perspectives of the global economy.
目次
PART I: ESSENTIALS OF MACROECONOMICS
Chapter 1. Introduction
1.1. Subject of Macroeconomics
1.2. Major Schools of Thought
1.3. Study of Macroeconomic Processes
1.4. Basic Concepts and Definitions
1.5. National Economy and Reproduction
Chapter 2. Macroeconomic Indicators
2.1. Costs, Revenues, and Profit
2.2. Economies and Diseconomies of Scale
2.3. Gross Domestic and National Products
2.4. National Income and Wealth
2.5. Wellbeing
2.6. Environmental Footprints
2.7. Quality of Macroeconomic Measurements
Chapter 3. Market Structures
3.1. Market Structures and Concentration
3.2. Competitive Markets
3.3. Monopoly and Oligopoly
3.4. Monopsony and Oligopsony
Chapter 4. Major Actors in Contemporary Markets
4.1. Governments and Macroeconomic Policies
4.2. International Organizations
4.3. Transnational Corporations
PART II: DISEQUILIBRIUM MACROECONOMICS
Chapter 5. Demand and Supply
5.1. Demand, Supply, and Equilibrium in Markets
5.2. Aggregate Demand and Supply
5.3. Shifts in Demand and Supply and Changes in Equilibrium
5.4. Price Determination and Price Elasticities of Demand and Supply
Chapter 6. Economic Equilibrium
6.1. Theory of Macroeconomic Equilibrium
6.2. National Economic Performance
6.3. Consumption, Investment, and the Multiplier
6.4. Commodity Market Equilibrium
6.5. Money Market Model and Relationship Between Commodity and Money Markets
6.6. The Keynesian Model of Macroeconomic Equilibrium
Chapter 7. Economic Cycles
7.1. Theory of Economic Cycles
7.2. Types of Economic Cycles
7.3. Crises of the Modern Age: from the Great Depression to the COVID-19
7.4. Equilibrium Determinants
7.5. Stabilization Policies
Chapter 8. Disequilibrium and Unemployment
8.1. Foundations of Employment
8.2. Unemployment
8.3. Indicators and Factors of Unemployment
8.4. Labor Market Regulation
Chapter 9. Disequilibrium and Inflation
9.1. Foundations of Inflation
9.2. Factors of Inflation
9.3. Measuring Inflation
9.4. Anti-Inflation Regulation
PART III: MARKET FAILURE
Chapter 10. Government Intervention in Unbalanced Markets
10.1. Failures and Imbalances in Markets
10.2. Lockdowns and Disruptions to Supply Chains
10.3. Rise in Monopoly Power and Antitrust Regulation
10.4. Asymmetrical Information
10.5. Market Externalities
10.6. Public Goods
Chapter 11. Monetary System
11.1. Money Circulation and Monetary System
11.2. Money Supply
11.3. Money Market
11.4. Monetary Policy
11.5. New Challenges for Monetary Regulations amid High Uncertainty
Chapter 12. Credit and Banking
12.1. Credit in Market Economy
12.2. Credit System
12.3. Banks
Chapter 13. Public Finance
13.1. Foundations of Public Finance
13.2. Government Budget
13.3. Fiscal Policy
13.4. Budget Deficit and Public Debt
Chapter 14. Social Issues of Economic Growth
14.1. Social Policy
14.2. Economic Growth and Standards of Living
14.3. Poverty
14.4. Inequality
PART IV: THE NEW NORMAL DEVELOPMENT AND GROWTH
Chapter 15. The Pandemic-Related Challenges of Economic Development
15.1. COVID-19 and Impacts on Economic Development
15.2. Inequalities between and within Countries
15.3. Least Developed Countries
15.4. Post-Pandemic Constraints on Growth and Development
15.5. Emerging Tensions between Global Actors
Chapter 16. Foundations of Economic Development
16.1. Basic Concepts of Economic Development
16.1. Structuralist Model
16.2. Rostow's Stages of Linear Growth Theory
16.3. Harrod-Domar Growth Model
16.4. Lewis' Trickle-Down Theory
16.5. Mahalanobis Four Sector Model
16.6. Robinson's Growth Model
16.7. Solow-Swan Model
16.8. Mankiw-Romer-Weil Model
16.9. Kuznets' Growth Model
16.10. Kaldor's Model
16.11. Nurksian's Strategy of Balanced Growth
16.12. Myrdal's Backwash Effect and Economic Growth
16.13. Marxist Vision of Economic Development
Chapter 17. Emerging Concepts in Macroeconomics
17.1. Circular Economy
17.2. Economic Resilience
17.3. Digitalization
17.4. Sharing Economy
Chapter 18. Technological Choice and Development
18.1. Role of Technology in the New Normal Economy
18.2. Effects of Technological Change on Trade, Investment, and Development
18.3. Priorities of Technological Development
18.4. Innovation Pessimism
18.5. Production and Technological Possibilities
18.6. Creative Destruction
Chapter 19. Human Capital and Economic Development
19.1. Approaches to Understanding Human Capital
19.2. Theories of Economic Growth and Human Capital
19.3. Human Capital Investments: Growth Effects and Returns
19.4. Inequalities in Human Capital Development
19.5. Human Capital and Education
19.6. Human Capital and Health
Chapter 20. Post-Pandemic Sustainable Development: The Farer-Reaching Perspective
20.1. Sustainable Development Concepts
20.2. Sustainable Economic Development
20.3. Economics and Environment
20.4. Environmental Destruction
20.5. Pursuing Sustainable Development
PART V: GLOBALIZATION AND INTERNATIONAL COMPETITIVENESS
Chapter 21. Theories of International Trade and Competitiveness
21.1. Mercantilism
21.2. Smith's Theory of Absolute Advantage
21.3. Ricardo's Theory of Comparative Advantage
21.4. Haberler's Theory of Opportunity Costs
21.5. The Heckscher-Olin Model
21.6. Linder's Hypothesis
21.7. Posner's Technology Gap Theory
21.8. Minhas' Theory of Factor Intensity Reversal
21.9. Hicks' Theory of Technological Progress
21.10. Balassa's Theory of Intra-Industry Trade
21.11. Vernon's Model of International Product Life Cycle
21.12. Krugman's Economy of Scale
21.13. Helpmann's Dispersion of Relative Factor Endowment
21.14. The Stolper-Samuelson Theorem
21.15. The Leontief's Paradox
21.16. Gravity Model
21.17. Porter's Theory of Competitive Advantage
Chapter 22. International Exchange Market
22.1. Foreign Exchange Market
22.2. Exchange Rate and Currency Trading
22.3. Exchnage Rate Shocks and International Spillovers
22.4 Major Financial Instruments
Chapter 23. International Migration of Labor
23.1. Major Definitions of International Migration
23.2. Theories of International Migration of Labor
23.3. History of Human and Labor Migration
23.4. Current Global Trends of International Migration of Labor
23.5. Governance of International Migration of Labor
Chapter 24. Liberalization and Protectionism
24.1. Protectionism
24.2. Rise in Protectionism during the COVID-19 Crisis
24.3. Free Trade
24.4. Multilateral Regulation of International Trade
Chapter 25. Globalization and Regionalization
25.1. History of Globalization
25.2. Effects of Globalization
25.3. Critics and Controversies of Globalization
25.4. Anti-Globalization Manifestations of the Pandemic
25.5. Globalization and Social Policy in the Post-Pandemic World
Chapter 26. Regional Outlook: Recent Performances and Post-Pandemic Perspectives
26.1. East Asia and Pacific
26.2. Europe and Central Asia
26.3. Latin America and the Caribbean
26.4. Middle East and North Africa
26.5. North America
26.6. South Asia
26.7. Sub-Saharan Africa
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