Contemporary macroeconomics : new global disorder

著者

    • Erokhin, Vasily
    • Gao, Tianming
    • Jean-Vasile, Andrei

書誌事項

Contemporary macroeconomics : new global disorder

Vasilii Erokhin, Gao Tianming, Jean Vasile Andrei

(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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詳細情報

  • NII書誌ID(NCID)
    BD03663600
  • ISBN
    • 9789811995415
  • 出版国コード
    si
  • タイトル言語コード
    eng
  • 本文言語コード
    eng
  • 出版地
    Singapore
  • ページ数/冊数
    xxv, 938 p.
  • 大きさ
    25 cm
  • 分類
  • 件名
  • 親書誌ID
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