(eBook PDF) Macroeconomics A European Perspective 3th by Olivier – Digital Ebook – Instant Delivery Download
Product details:
- ISBN-10 : 1292085673
- ISBN-13 : 978-1292085678
- Author: Olivier Blanchard, Francesco Giavazzi
This book gives students a thorough understanding of macroeconomics by taking a unified view of the subject, allowing connections to be made between the short, medium and long run.
Re-written almost from scratch in light of the experience of the Great Recession, this text is essential reading for anyone studying macroeconomics in the aftermath of the financial crisis.
The book has been re-written almost from scratch after a thorough re-think of how macroeconomics should be taught after the financial crisis. Among the new features:
The text recognizes that modern central banks set interest rates, not the quantity of money: this gets rid of the LM curve greatly simplifying the discussion of financial markets
Table contents:
1. A Tour of the World
2. A Tour of the Book
THE CORE
The Short Run
3. The Goods Market
4. Financial Markets I
5. Financial Markets: The IS-LM Model
6. Financial Markets IIThe Medium Run
7. The Labour Market
8. The Phillips Curve, the Natural Rate of Unemployment, and Inflation
9. Putting All Markets Together: From the Short to the Medium RunThe Long Run
10. The Facts of Growth
11. Saving, Capital Accumulation, and Output
12. Technological Progress and Growth
13. Technological Progress: The Short, the Medium, and the Long Runs
EXPECTATIONS
14. Financial Markets and Expectations
15. Expectations, Consumption, and Investment
16. Expectations, Output, and Policy
EXTENSIONS
17. Openness in Goods and Financial Markets
18. The Goods Market in an Open Economy
19. Output, the Interest Rate, and the Exchange Rate
20. Exchange Rate Regimes
BACK TO POLICY
21. Should Policy Makers Be Restrained?
22. Fiscal Policy: A Summing Up
3. Monetary Policy: A Summing UpEpilogue
24. The Story of Macroeconomics
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