Macroeconomics

In: The Pearson series in economics

Abstract

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