Suchergebnisse

Introduction -- Economics : foundations and models -- Trade-offs, comparative advantage, and the market system -- Where prices come from : the interaction of demand and supply -- Economic efficiency, government price setting, and taxes -- The economics of health care -- Firms in the domestic and international economies -- Firms, the stock market, and corporate governance -- Comparative advantage and the gains from international trade -- Macroeconomic foundations and long-run growth -- Gdp : measuring total production and income -- Unemployment and inflation -- Economic growth, the financial system, and business cycles -- Long-run growth: sources & policies -- Short-run fluctuations -- Aggregate expenditure and output in the short run -- Aggregate demand and aggregate supply analysis -- Monetary and fiscal policy -- Money, banks, and the federal reserve system -- Monetary policy -- Fiscal policy -- Inflation,unemployment, and federalreservepolicy -- The international economy -- Macroeconomics in an open economy -- The international financial system -- Woods system -- Glossary -- Index

Introduction and measurement issues -- Introduction -- Measurement -- Business cycle measurement -- Basic macroeconomic models : a one-period model and models of search and unemployment -- Consumer and firm behavior : the work-leisure decision and profit maximization -- A closed-economy one-period macroeconomic model -- Search and unemployment -- Economic growth -- Economic growth : malthus and solow -- Income disparity among countries and endogenous growth -- Savings, investment, and government deficits -- A two-period model : the consumption-savings decision and credit markets -- Credit market imperfections : credit frictions, financial crises, and social security -- A real intertemporal model with investment -- Money and business cycles -- Money, banking, prices, and monetary policy -- Business cycle models with flexible prices and wages -- New keynesian economics : sticky prices -- Inflation : phillips curves and neo-fisherism -- International macroeconomics -- International trade in goods and assets -- Money in the open economy -- Money, banking, and inflation -- Money, inflation, and banking : a deeper look -- Index

"Macroeconomics is the study of the economic attributes (including the performance, structure, behavior, and decision-making) of whole systems. Macroeconomists study changes in the aggregate, collecting data on unemployment, growth, inflation, income, saving and spending, trade, and other aspects of regional, national, and international economic life. Policymakers depend on macroeconomists' knowledge of the main elements and basic forces that govern each country's economy and the global economy when making decisions about taxes, industry regulations, trade terms and policies, and more. These decisions in turn affect decisions made by individuals and businesses, especially in a globalized world. This entry into the Essential Knowledge series covers such topics as GDP and its relation to the welfare of people; why some countries grow strongly while others stagnate; the challenges of the labor market in the twenty-first century; the money market and the inflation rate; the implications of having different exchange rate systems -fixed, pegged, bands, floats; household consumption and savings decisions; investment decisions; the current account of the balance of payments; government budgets, taxes and fiscal policy; and the debate on globalization. The book addresses the causes and consequences of recent economic crises like the subprime crisis and Euro crisis. This book draws on examples from economies around the world. Given the author's professional experience as minister of finance for Chile, many examples are drawn from Latin America, but also Asia, Africa, Europe, and the United States"--

A new approach based on microfoundations combined with an essentially Keynesian policy analysis. Highly readable, direct style, with consistent treatment through the short and long run and the closed and open economy, and an international stance comparing theory with data for the Eurozone, UK and US. Up-to-date analysis of financial events.

"For intermediate courses in Economics. A Unified View of the Latest Macroeconomic Events In Macroeconomics, Blanchard presents a unified, global view of macroeconomics, enabling students to see the connections between goods markets, financial markets, and labor markets worldwide. Organised into two parts, the text contains a core section that focuses on short-, medium-, and long-run markets and three major extensions that offer more in-depth coverage of the issues at hand. From the major economic crisis and monetary policy in the United States, to the problems of the Euro area and growth in China, the text helps students make sense not only of current macroeconomic events but also of events that may unfold in the future. Integrated, detailed boxes in the 7th Edition have been updated to convey the life of macroeconomics today; reinforce lessons from the models; and help students employ and develop their analytical and evaluative skills. "

"To change the way students see the world: this is my goal in teaching economics and in writing this book. Three facts about students are my guiding principles. First, they want to learn, but they are over-whelmed by the volume of claims on their time and energy. So, they must see the relevance to their lives and future careers of what they are being asked to learn. Second, students want to get it, and get it quickly. So, they must be presented with clear and succinct explanations. And third, students want to make sense of today's world and be better prepared for life after school. So, they must be shown how to apply the timeless principles of economics and its models to illuminate and provide a guide to understanding today's events and issues, and the future challenges they are likely to encounter. The organization of this text arises directly from these guiding principles"--