Macroeconomic Theory and Policy / Edition 3

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Product Details

  • ISBN-13: 9780060409326
  • Publisher: Prentice Hall
  • Publication date: 1/9/1997
  • Edition description: New Edition
  • Edition number: 3
  • Pages: 656
  • Product dimensions: 7.50 (w) x 9.00 (h) x 1.50 (d)

Table of Contents


1. Actual and Potential GNP: Fluctuations and Growth.

2. A Review of the National Income and Product Accounts.

3. Introduction to Income Determination: The Multiplier.


4. Demand-Side Equilibrium: Income and the Interest Rate.

5. An Introduction to Monetary and Fiscal Policy.

6. Demand and Supply in the Labor Market.

7. Supply-Side Equilibrium: Output and the Price Level.

8. Equilibrium in the Static Model.

9. Monetary, Fiscal, and Incomes Policy.

10. Search, Wage Rigidity, and Unemployment.

11. Rational Expectations and Demand Policy.


12. Consumption and Consumer Expenditure.

13. Investment Demand.

14. The Demand for Money.

15. The Supply of Money.

16. Monetary and Fiscal Policy in the Extended Model.

17. The Foreign Sector and the Balance of Payments.

18. Macroeconomics When Markets Do Not Clear.


19. Inflation, Productivity, and Income Distribution.

20. Inflation and Unemployment: The Phillips Curve.

21. Introduction to Stock-Adjustment Dynamics.

22. Trend Growth in the Static Model.


23. Introduction to Growth Models.

24. The Basic Neoclassical Growth Model.

25. The Basic Model Extended: Varying Saving Assumptions.

26. The Golden Rule and an Introduction to Optimal Growth Models.

27. Medium-Term Growth and “The Measure of Our Ignorance.”

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