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(eBook PDF) Macroeconomics Australasian Edition by Blanchard

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Product details:

  • ISBN-10 ‏ : ‎ 1442559519
  • ISBN-13 ‏ : ‎ 978-1442559516
  • Author: Olivier Blanchard, Jeffrey Sheen

Real, current macroeconomic events connected to the theory This edition of Blanchard’s respected Macroeconomics text has been substantially revised to account for the impact of the GFC on the Australasian Economy and the many issues it raises. Thus, in addition to a first discussion of the crisis in Chapter 1 and numerous boxes and discussions throughout the book, we have brought forward the chapter on the GFC to Chapter 9. Macroeconomics is the only intermediate resource with a truly Australasian focus, demonstrating economic ideas and issues with hundreds of local and international examples. This comprehensive resource presents an integrated view of macroeconomics, drawing on the implications of equilibrium conditions in three sets of markets: the goods market, the financial markets and the labour market.

Table contents:

Chapter 1 A Tour of the World 2
Chapter 2 A Tour of the Book 23
Chapter 3 The Goods Market 48
Chapter 4 Financial Markets 69
Chapter 5 Goods and Financial Markets: The IS–LM Model 91
Chapter 6 The Labour Market 120
Chapter 7 Putting All Markets Together: The AS–AD Model 147
Chapter 8 The Phillips Curve, the Natural Rate of Unemployment and Inflation 179
Chapter 9 The Crisis 203
Chapter 10 The Facts of Growth 226
Chapter 11 Saving, Capital Accumulation and Output 244
Chapter 12 Technological Progress and Growth 269
Chapter 13 Technological Progress: The Short, the Medium and the Long Run 288
Chapter 14 Expectations: The Basic Tools 312
Chapter 15 Financial Markets and Expectations 336
Chapter 16 Expectations, Consumption and Investment 360
Chapter 17 Expectations, Output and Policy 381
Chapter 18 Openness in Goods and Financial Markets 402
Chapter 19 The Goods Market in an Open Economy 425
Chapter 20 Output, the Interest Rate and the Exchange Rate 448
Chapter 21 Exchange Rate Regimes 471
Chapter 22 Should Policy-makers Be Restrained? 506
Chapter 23 Fiscal Policy: A Summing Up 526
Chapter 24 Monetary Policy: A Summing Up 550
Chapter 25 Epilogue: The Story of Macroeconomics 575
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