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Macroeconomics: Policy & Practice, 2/e


Macroeconomics: Policy & Practice, 2/e
Author(s)  Frederic S. Mishkin
ISBN  9789332579439
Imprint  Pearson Education
Copyright  2017
Pages  864
Binding  Paperback
List Price  Rs. 940.00
  
 
 

Help students understand macroeconomics in theory as well as practice Macroeconomics: Policy and Practice, Second Edition draws on the rich tapestry of recent economic events to help students understand the policy issues debated by the media and the public at large during these trying times. Building on his expertise in macroeconomic policy making at the Federal Reserve, author Frederic S. Mishkin provides detailed, step-by-step explanations of all models and highlights the techniques used by policy makers in practice. The Second Edition incorporates a wealth of new and updated content, as well as new tools and resources in MyEconLab that bring course material to life."
 

  • About the Author
  • Contents
  • Features
  • Downloadable Resources

Frederic Stanley Mishkin is an American economist and Alfred Lerner professor of Banking and Financial Institutions at the Graduate School of Business, Columbia University


 

 

I. Introduction


1. The Policy and Practice of Macroeconomics   


2. Measuring Macroeconomic Data   



II. Macroeconomic Basics   


3. Aggregate Production and Productivity   


4. Saving and Investment in Closed and Open Economies   


5. Money and Inflation   



III. Long-Run Economic Growth   


6. The Sources of Growth and the Solow Model   


7. Drivers of Growth: Technology, Policy, and Institutions   



IV. Business Cycles: The Short Run   


8. Business Cycles: An Introduction   


9. The IS Curve   


10. Monetary Policy and Aggregate Demand   


11. Aggregate Supply and the Phillips Curve   


12. The Aggregate Demand and Supply Model   


13. Macroeconomic Policy and Aggregate Demand and Supply Analysis   



V. Finance and the Macroeconomy   


14. The Financial System and Economic Growth   


15. Financial Crises and the Economy   



VI. Macroeconomic Policy   


16. Fiscal Policy and the Governmnt Budget   


17. Exchange Rates and International Economic Policy   



VII. Microeconomic Foundations of Macroeconomics   


18. Consumption and Saving   


19. Investment   


20. The Labor Market, Employment, and Unemployment   



VIII. Modern Business Cycle Analysis and Macroeconomic Policy   


21. The Role of Expectations in Macroeconomic Policy


22. Modern Business Cycle Theory


 

 

This text provides a better teaching and learning experience-for you and your students. It will help you to:


• Personalize learning with MyEconLab: This online homework, tutorial, and assessment program engages students in learning and provides instructors tools to keep students on track.


• Enable students to connect theory to practice: An aggregate demand and supply model helps students understand theory, while numerous examples help them understand the applications of theory.


• Foster interest via engaging features and updated content: Updates that reflect the latest happenings in the world of economics and student-friendly in-text tools capture student interest.


• Teach your course your way: A flexible structure allows instructors to focus on the particular areas of macroeconomics that match their course goals.

 
Instructor Resources
 


 
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