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Make the link between theory and real-world easier for students with the most up-to-date Intermediate Macroeconomics text on the market Today!
Hubbard, O'Brien, and Rafferty realize that most students enrolled in today's intermediate macroeconomics courses are either undergraduate or masters students who are likely to become entrepreneurs, managers, bankers, stock brokers, accountants, lawyers, or government officials. Very few students will pursue a Ph.D. in economics. Given this student profile, Hubbard, O'Brien, and Rafferty's new text presents Intermediate Macroeconomics in the context of contemporary events, policy, and business with an integrated explanation of today's financial crisis. Student and instructor feedback tells us that Hubbard, O'Brien, and Rafferty helps make the link between theory and real-world easier for students!
Available with the award-winning MyEconLab and grouped by Learning Objectives!
MyEconLab is a powerful assessment and tutorial system that works hand-in-hand with Intermediate Macroeconomics. MyEconLab includes comprehensive homework, quiz, test, and tutorial options, where instructors can manage all assessment needs in one program!
R. Glenn Hubbard, Columbia University
Tony O'Brien, Lehigh University
Matt Rafferty, Quinnipiac University
Table of Contents
Part I: Introduction
Chapter 1: The Long and Short of Macroeconomics
Chapter 2: Measuring Total Production and Income
Chapter3: The Financial System
Part II: Macroeconomics in the Long Run: Economic Growth
Chapter 4: Aggregate Production and Potential GDP
Chapter 5: Long-Run Economic Growth
Chapter 6: Money and Inflation
Chapter 7: The Labor Market
Part III: Macroeconomics in the Short Run: Theory and Policy
Chapter 8: Business Cycles
Chapter 9: IS-MP: A Short-Run Macroeconomic Model
Chapter 9 Appendix: IS-LM: An Alternative Short-Run Macroeconomic Model
Chapter 10: Monetary Policy
Chapter 11: Fiscal Policy
Chapter 12: Aggregate Demand, Aggregate Supply, and Monetary Policy
Part IV: Extensions
Chapter 13: Long-Run Implications of Fiscal Policy
Chapter 14: Consumption and Investment
Chapter 15: Balance of Payments, Exchange Rates, and Macroeconomic Policy