Intermediate Macroeconomics, Global Edition, 1st edition

Published by Pearson (September 12, 2024) © 2025

  • Nicolas Vincent
  • Pierre Yared

Revel

£45.99

  • Multimedia and practice embedded throughout quality author content help students explore and apply concepts
  • Interactive assignments foster and assess critical-thinking skills
  • Valuable performance insights help tailor instruction

For intermediate courses in macroeconomics.

An interactive, engaging, and relevant exploration of macroeconomics

Fueled by real-time data and immersive applications, Intermediate Macroeconomics engages students by focusing on the "big picture" of topics to set the stage for analyzing real-world economic events.

The 1st Edition features interactive graphs and models, along with current news-based videos and real data exercises. Collectively, these help students develop valuable skills in examining and understanding macroeconomics in the world today.

Hallmark features of this title

  • An engaging narrative, big-picture intuition, and applications make macroeconomics interesting and relevant for students.
  • Real-time data graphs and interactive world maps bring complex data to life and highlight regional trends.
  • News and policy videos emphasize current issues and prepare students to be informed citizens.
  • Step-by-step, interactive graphs walk users through important models. Students can use sliders to adjust variables and observe the impact.
  • Choose the models and level of technical difficulty. The text allows for multiple paths, tailoring the analysis to the preference of the instructor.
  • Choose which subjects to emphasize. The text is written such that the level of detail and ordering of topics can be flexibly chosen by the instructor.

PART 1: INTRODUCTION AND KEY MACROECONOMIC CONCEPTS

  1. Why Macroeconomics Matters
  2. GDP and Prices
  • Appendix 2A: Limits to GDP Accounting
  1. Labor Market Indicators

PART 2: ECONOMY IN THE LONG RUN

  1. Engines of Growth: Capital, Workers, and Technology
  • Appendix 4A: The Cobb-Douglas Production Function in Detail
  1. The Solow Model
  • Appendix 5A: The Solow Model in Detail
  1. Productivity
  • Appendix 6A: Malthusian Trap
  • Appendix 6B: Institutions and Economic Development
  1. Labor Market Forces
  • Appendix 7A: A Model of the Labor Market
  • Appendix 7B: Income Inequality
  1. Money

PART 3: BUSINESS CYCLES ANALYSIS

  1. Introduction to Business Cycles
  2. Business Cycle Framework I: Aggregate Demand, Interest Rates, and Money
  3. Business Cycle Framework II: Prices and Aggregate Demand over the Business Cycle
  • Appendix 11A: Deriving the SRAS Curve

PART 4: POLICY OVER THE BUSINESS CYCLE

  1. Monetary Policy
  • Appendix 12A: Monetary Policy at the Zero Lower Bound
  1. A Dynamic Macroeconomic Model
  2. Countercyclical Fiscal Policy
  3. Fiscal Trends and Government Debt
  • Appendix 15A: A Model of Government Debt Sustainability
  • Appendix 15B: A Model of Taxation and Revenue

PART 5: MACROECONOMICS AND THE FINANCIAL SYSTEM

  1. Financial Markets and Macroeconomics
  2. Financial Crises
  • Appendix 17A: Financial Crisis Response and Financial Regulation

PART 6: GLOBAL FORCES

  1. Global Imbalances and World Interest Rates
  2. Economic Policy with Open Borders
  • Appendix 19A: Exchange Rates in the Long Run

About our authors

Nicolas Vincent is a Full Professor of Economics at HEC Montréal. He received his MA in economics from Queen's University and a PhD in economics from Northwestern University. His main research interests are in macroeconomics and his work has been published in top economic journals such as the Quarterly Journal of Economics, Econometrica, and the Review of Economic Studies. He has also worked at the Department of Finance of Canada and the Bank of Canada. Professor Vincent teaches macroeconomics at both the undergraduate and graduate levels and has won many teaching awards over the years. He has been invited to teach in numerous business schools around the world and regularly appears as guest speaker in corporate settings to discuss global economic trends and related topics.

Pierre Yared is the MUTB Professor of International Business and Vice Dean for Executive Education at Columbia Business School. His research, which has been published in leading academic journals, focuses on macroeconomic policy, political economy, and growth. He is a research associate of the National Bureau of Economic Research and an associate editor of the American Economic Review. Yared teaches Global Economic Environment, a Core MBA course in macroeconomics for which he received the Dean's Award for Teaching Excellence. He is a member of the Council on Foreign Relations and the Economic Club of New York. Yared received his AB in Economics from Harvard University and his PhD in Economics from Massachusetts Institute of Technology.

Need help? Get in touch

Revel

Improve results by empowering students to actively participate in learning. Revel® is an end-to-end teaching and learning experience. It delivers an engaging blend of author content, media and assessment to help students to read and practice in one continuous experience. User-friendly, with Revel students can study anytime, anywhere, on any device.

Video
Play
Privacy and cookies
By watching, you agree Pearson can share your viewership data for marketing and analytics for one year, revocable upon changing cookie preferences. Disabling cookies may affect video functionality. More info...

Video transcript (PDF | 33KB) 

Help students learn, wherever life takes them

Your students deserve more than just a digital textbook. Revel® combines content, media, and assessment to create an engaging, immersive experience that lets them learn on the go — anytime, anywhere, on any device.