Macroeconomics / Edition 2

Macroeconomics / Edition 2

by Andrew B. Abel, Ben S. Bernanke
     
 

This book is intended for the intermediate macroeconomics course. This book is also suitable for all readers interested in the field of macroeconomics.

Abel, Bernanke, and Croushore present macroeconomic theory in a way that prepares students to analyze real macroeconomic data used by policy makers and researchers. With a balanced treatment

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Overview

This book is intended for the intermediate macroeconomics course. This book is also suitable for all readers interested in the field of macroeconomics.

Abel, Bernanke, and Croushore present macroeconomic theory in a way that prepares students to analyze real macroeconomic data used by policy makers and researchers. With a balanced treatment of both classical and Keynesian economics, the comprehensive coverage makes it easy for instructors to align chapters to fit their own syllabi.

Students in this course often struggle to see how the macroeconomic models compare to one another, and fit into the big picture. This text uses a unified approach based on a single economics model that provides students with a clear understanding of macroeconomics and its classical and Keynesian assumptions.

The main objective of the eighth edition is to keep the book fresh and up-to-date, especially in light of the recent crises in the United States and Europe and many new tools used by the Federal Reserve in response to the crisis. To reflect recent events and developments in the field, revisions have been made throughout the text, and additional new applications, boxes, and problems are included.

Note: this is the standalone book, if you want the book/access card order the ISBN below: MyEconLab is not a self-paced technology and should only be purchased when required by an instructor

0133407926 / 9780133407921 Macroeconomics Plus NEW MyEconLab with Pearson eText -- Access Card Package

Package consists of:

0132992280 / 9780132992282 Macroeconomics

0132993325 / 9780132993326 NEW MyEconLab with Pearson eText -- Access Card -- for Macroeconomics

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Product Details

ISBN-13:
9780201543926
Publisher:
Addison-Wesley
Publication date:
06/01/1994
Edition description:
Older Edition
Pages:
736
Product dimensions:
8.18(w) x 10.26(h) x 1.08(d)

Table of Contents

Preface
Pt. IIntroduction1
Ch. 1Introduction to Macroeconomics2
Ch. 2The Measurement and Structure of the National Economy23
Pt. IILong-Run Economic Performance59
Ch. 3Productivity, Output, and Employment60
Ch. 4Consumption, Saving, and Investment105
Ch. 5Saving and Investment in the Open Economy143
Ch. 6Long-Run Economic Growth181
Ch. 7The Asset Market, Money, and Prices217
Ch. 8Household Decisions to Consume, Save, and Work: A More Formal Treatment246
Pt. IIIBusiness Cycles and Macroeconomic Policy285
Ch. 9Business Cycles286
Ch. 10The IS-LM/AD-AS Model: A General Framework for Macroeconomic Analysis316
Ch. 11Classical Business Cycle Analysis: Market-Clearing Macroeconomics364
Ch. 12Keynesianism: The Macroeconomics of Wage and Price Rigidity402
Pt. IVMacroeconomic Policy: Its Environment and Institutions445
Ch. 13Unemployment and Inflation446
Ch. 14Exchange Rates, Business Cycles, and Macroeconomic Policy in the Open Economy483
Ch. 15Monetary Policy and the Federal Reserve System530
Ch. 16Government Spending and Its Financing574
Appendix A: Some Useful Analytical Tools613
Glossary621
Name Index633
Subject Index635

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