Macroeconomics in the Global Economy / Edition 1

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Product Details

  • ISBN-13: 9780131022522
  • Publisher: Prentice Hall
  • Publication date: 8/13/1993
  • Edition description: New Edition
  • Edition number: 1
  • Pages: 778
  • Product dimensions: 8.02 (w) x 9.99 (h) x 1.68 (d)

Meet the Author

Jeffrey Sachs

Jeffrey D. Sachs is director of The Earth Institute at Columbia University and special adviser to United Nations Secretary-General Ban Ki-moon on the Millenium Development Goals. He is internationally renowned for his work as an economic adviser to governments and international organizations around the world.

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Table of Contents

Pt. I Introduction
Ch. 1 Introduction 1
Ch. 2 Basic Concepts in Macroeconomics 19
Ch. 3 Output Determination: Introducing Aggregate Supply and Aggregate Demand 44
Pt. II Intertemporal Economics
Ch. 4 Consumption and Saving 78
Ch. 5 Investment 115
Ch. 6 Saving, Investment and the Current Account 149
Ch. 7 The Government Sector 188
Pt. III Monetary Economics
Ch. 8 Money Demand 219
Ch. 9 The Money Supply Process 253
Ch. 10 Money, Exchange Rates and Prices 287
Ch. 11 Inflation: Fiscal and Monetary Aspects 327
Pt. IV Output Determination, Stabilization Policy and Growth
Ch. 12 Macroeconomic Policies and Output Determination in a Closed Economy 356
Ch. 13 Macroeconomic Policies in the Open Economy: The Case of Fixed Exchange Rates 386
Ch. 14 Macroeconomic Policies in the Open Economy: The Case of Flexible Exchange Rates 414
Ch. 15 Inflation and Unemployment 444
Ch. 16 Institutional Determinants of Wages and Unemployment 476
Ch. 17 Explaining Business Cycles 514
Ch. 18 Long-Term Growth 547
Pt. V Special in Macroeconomics
Ch. 19 The Theory and Practice of Economic Policy 588
Ch. 20 Financial Markets 620
Ch. 21 Tradable and Nontradable Goods 657
Ch. 22 The Developing Country Debt Crisis 690
Ch. 23 Stopping High Inflations 726
Index 762
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