Macroeconomics

An Open Economy Approach

Häftad, Engelska, 2000

1 245 kr

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Beskrivning

This new Macroeconomics text deals entirely with Open Economy Macroeconomics, reflecting a concern to understand macroeconomic principles and applications in the context of the open economies of Western Europe and the rest of the world. It is also distinctive in providing an exposition and evaluation of the three main macroeconomic models, the income-expenditure model, the IS-LM model and the AD-AS model, in addition to the application to real world issues and policy. Finally the AD-AS framework provides an opportunity for examining recent controversies concerning the supply-side, growth and business cycles. In summary this is a macroeconomics textbook which provides a new framework for understanding contemporary macroeconomic theory, policy and applications.

Produktinformation

Utgivningsdatum:2000-05-09
Mått:178 x 254 x 23 mm
Vikt:739 g
Format:Häftad
Språk:Engelska
Antal sidor:414
Förlag:Bloomsbury Publishing PLC
ISBN:9780333573303

Utforska kategorier

Makroekonomi inom Ekonomi och Ledarskap

Mer om författaren

ERIC PENTECOST is Reader in the Department of Economics at Loughborough University

Recensioner i media

'Bridges the gap well between introductory and advanced texts.' - Dr M C Baddeley, University of Cambridge 'Very well written text covering the main areas of macroeconomics clearly and concisely. Concentrating on the UK issues is particularly welcome.' - Dr Bruce Morley, University of Wales, Aberystwyth

Innehållsförteckning

PART 1: BACKGROUNDThe Origins and Development of MacroeconomicsThe Social Framework for National Income AccountingBasic Concepts and Methods of MacroeconomicsPART 2: THE INCOME-EXPENDITURE FRAMEWORKThe Income-Expenditure Model and Goods Market EquilibriumFiscal Policy and Devaluation AnalysisConsumptionInvestmentPART 3: THE IS-LM FRAMEWORKFinancial Assets, Asset Market Equilibrium and Monetary PolicyThe Short Run IS-LM Model of Economic PolicyThe Government Budget Constraint and the Financing of Fiscal PolicyThe Demand for MoneyPART 4: THE AGGREGATE DEMAND AND AGGREGATE SUPPLY FRAMEWORKThe Classical Theory of the Labour Market and Aggregate SupplyThe Keynesian Theory of Aggregate Supply and Supply ShocksThe AD-AS Model of Economic PolicyThe New Keynesian Theories of Sticky Wages and UnemploymentPART 5: MACROECONOMIC POLICYEconomic Growth and Technical ProgressBusiness CyclesInflationThe Dynamic Theory of Macroeconomic Policy.