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Macroeconomics: Policy & Practice, 2/e

Macroeconomics:  Policy & Practice,  2/e

  • Frederic S. Mishkin
  • Author: Frederic S. Mishkin
    • ISBN:9789332579439
    • 10 Digit ISBN:9332579431
    • Price:Rs. 940.00
    • Pages:864
    • Imprint:Pearson Education
    • Binding:Paperback
    • Status:Available

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    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."


    Table of Content

    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

    Salient Features

    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.