Macroeconomics, 5th edition
Published by Pearson (May 13, 2016) © 2016
- Manfred Gartner University of St Gallen, Switzerland
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Using real-world case studies and examples, this comprehensive text offers intermediate and applied macroeconomics students a truly European and global perspective. Continuing to successfully combine theory with application, Macroeconomics has been fully updated in this fifth edition to keep students up-to-date with the ever changing macroeconomic environment we are experiencing today.
This book presents macroeconomics as an applied science designed to improve our understanding of current and past policy issues.
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The unique mix of theory, analysis and policy issues takes students from macroeconomic basics to cutting-edge research topics
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Includes case studies addressing major policy issues in detail, supported by a wealth of economic dataÂ
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Moves beyond standard intermediate macroeconomics content by discussing liquidity traps, quantitative easing, price bubbles, multiple equilibria, self-fulfilling prophecy, ratings agencies, debt brakes and austerity
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Self quizzes, road map, glossary and other content also available for mobile devices
- 1 Macroeconomic essentials
- 2 Booms and recessions (I): the Keynesian cross
- 3 Money, interest rates and the global economy
- 4 Exchange rates and the balance of payments
- 5 Booms and recessions (II): the national economy
- 6 Enter aggregate supply
- 7 Booms and recessions (III): aggregate supply and demand
- 8 Booms and recessions (IV): dynamic aggregate supply and demandÂ
- 9 Economic growth (I): basics
- 10 Economic growth (II): advanced issues
- 11 Endogenous economic policy
- 12 The European Monetary System and the Eurozone at work
- 13 Inflation and central bank independence
- 14 Budget deficits and public debt
- 15 A closer look at economic crises
- 16 Sticky prices and sticky information:
- 17 Real business cycles: new perspectives on booms and recessions (II)
- Appendix A: A primer in econometrics
- Appendix B: Glossary
- Appendix C: Economics Nobel Prize winners and earlier giants
- Index
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