Synopses & Reviews
Macroeconomics provides a comprehensive analsysis of contemporary macroeconomics. It analyses different theoretical approaches and contextualises theory with up-to-date monetary policy examples. These fully reflect the fall out from the global financial crisis.
This text explains the modern approach to macroeconomics with simplicity and rigour, while retaining the focus on the special aspects of the European economy.
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Table of Contents
Part I: Introduction to Macroeconomics 1. What is Macroeconomics?
2. Macroeconomic Accounts
Part II: The Macroeconomy in the Long Run
3. The Fundamentals of Economic Growth
4. Explaining Economic Growth in the Long Run
5. Labour Markets and Unemployment
6. Money, Prices, and Exchange Rates in the Long Run
Part III: The Macroeconomy in the Short Run
7. Borrowing, Lending, and Budget Constraints
8. Private Sector Demand: Consumption and Investment
9. Money and Monetary Policy
10. Macroeconomic Equilibrium in the Short Run
11. International Capital Flows and Macroeconomic Equilibrium
12. Output, Employment, and Inflation
13. Aggregate Demand and Aggregate Supply
14. Asset Markets
15. The Exchange Rate
Part IV: Macroeconomic Policy in a Global Economy
16. Demand Management Policies
17. Fiscal Policy, Debt, and Seigniorage
18. Policies for the Long Run
19. The Architecture of the International Monetary System
20. Epilogue