Product details:

• ISBN-10 ‏ : ‎ 0134167392
• ISBN-13 ‏ : ‎ 978-0134167398
• Author: Andrew Abel, Ben Bernanke, Dean Croushore

Demonstrating a balanced treatment of both classical and Keynesian economics, Macroecomomicspresents macroeconomic theory in a big-picture way. Comprehensive coverage makes it easy for readers to analyze real macroeconomic data used by policy makers and researchers. This text uses a unified approach based on a single economics model that provides readers with a clear understanding of macroeconomics and its classical and Keynesian assumptions. The Ninth Edition features new applications, boxes, and problems throughout and reflects recent events and developments in the field in light of recent crises in the United States and Europe.

Table contents:

Part 1: Introduction

1. Introduction to Macroeconomics

2. The Measurement and Structure of the National Economy

Part 2: Long-Run Economic Performance

3. Productivity, Output, and Employment

4. Consumption, Saving, and Investment

5. Saving and Investment in the Open Economy

6. Long-Run Economic Growth

7. The Asset Market, Money, and Prices

Part 3: Business Cycles and Macroeconomic Policy

8. Business Cycles

9. The IS-LM/AD-AS Model: A General Framework for Macroeconomic Analysis

10. Classical Business Cycle Analysis: Market-Clearing Macroeconomics

11. Keynesianism: The Macroeconomics of Wage and Price Rigidity

Part 4: Macroeconomic Policy: Its Environment and Institutions

12. Unemployment and Inflation

13. Exchange Rates, Business Cycles, and Macroeconomic Policy in the Open Economy

14. Monetary Policy and the Federal Reserve System

15. Government Spending and Its Financing Appendix A: Some Useful Analytical Tools

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