Higher Ed. and Vocational >> Business and Economics >> Economics >> Macroeconomics


Macroeconomics, 4/e

Macroeconomics, 4/e

Author(s):
  • Olivier Blanchard
    • Author: Olivier Blanchard
    • ISBN:9788131711385
    • Price: Rs. 510.00
    • Pages:652
    • Imprint:Pearson Education
    • Binding:Paperback
    • Status:Available


    Free Shipping by VRVBookshop
    Ratings:

    Blanchard presents a unified view of macroeconomics, enabling students to see the connections between the short run, medium run, and long run.

    Table of Content

    1. INTRODUCTION
      1. A Tour of the World
      2. A Tour of the Book
    2. THE CORE
      1. The Goods Market.
      2. Financial Markets
      3. Goods and Financial Markets: The IS-LM Model
      4. The Labor Market
      5. Putting All Markets Together. The AS-AD Model
      6. The Natural Rate of Unemployment and The Phillips Curve
      7. Inflation, Activity, and Nominal Money Growth
      8. The Facts of Growth
      9. Saving, Capital Accumulation, and Output
      10. Technological Progress and Growth
      11. Technological Progress, Wages, and Unemployment
    3. EXTENSION: EXPECTATIONS
      1. 1Expectations: The Basic Tools
      2. Financial Markets and Expectations
      3. Expectations, Consumption, and Investment
      4. Expectations, Output, and Policy
    4. EXTENSION: THE OPEN ECONOMY
      1. Openness in Goods and Financial Markets
      2. The Goods Market in an Open Economy
      3. Output, the Interest Rate, and the Exchange Rate
      4. Exchange Rate Regimes
      5. Depressions and Slumps
    5. EXTENSION: PATHOLOGIES
      1. High inflation
      2. Should Policy Makers Be Restrained?
      3. BACK TO POLICY
      4. Monetary Policy: A Summing Up
      5. Fiscal Policy: A Summing Up EPILOGUE
      6. Epilogue: The Story of Macroeconomics

    Salient Features

    • New definition of exchange rate defined as the price of domestic currency in terms of foreign currency
    • A discussion of whether we should think of the central bank as choosing the money stock or the interest rate has been introduced to spark student thought and interest.
    • Expanded discussion of inflation targeting and interest rate rules.
    • Many new boxes and discussions that focus on recent events and research