Macroeconomics: A European Perspective, 4th edition

Published by Pearson (May 12, 2021) © 2021

  • Olivier Blanchard
  • Alessia Amighini Bocconi University Milan, Italy
  • Francesco Giavazzi Bocconi University, Milan Italy
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Encourage students to develop a unified view of the latest global macroeconomic events.

Macroeconomics: A European Perspective,4th edition, is a leading text presenting a global view of Macroeconomics, showing the connections between goods, financial, and labour markets.

From the economic crisis of the late 2000s to the economic effects caused by the COVID-19 pandemic, and the monetary policy in the US to Brexit, this latest edition provides an analysis of the most impactful events in Macroeconomics.

With new and revised content, questions, and further reading material, this must-have guide offers your students the tools they need for their course.

Reach every student with MyLab® Economics.

    CORE Introduction

  1. A tour of the world
  2. A tour of the book
  3. The goods market
  4. Financial markets
  5. Goods and financial markets: the IS-LM model
  6. Financial markets II: the extended IS-LM model
  7. The labour market
  8. The Phillips curve, the natural rate of unemployment and inflation
  9. From the short to the medium run: the IS-LM-PC model
  10. The COVID economic crisis
  11. The facts of growth
  12. Saving, capital accumulation and output
  13. Technological progress and growth
  14. The challenges of growth
  15. Financial markets and expectations
  16. Expectations, consumption and investment
  17. Expectations, output and policy The open economy
  18. Openness in goods and financial markets
  19. The goods market in an open economy
  20. Output, the interest rate and the exchange rate
  21. Exchange rate regimes Back to policy
  22. Should policy makers be restrained?
  23. Fiscal policy: a summing up
  24. Monetary policy: a summing up
  25. Epilogue: the story of macroeconomics

    Appendix 1 An introduction to national income and product accounts

    Appendix 2 A maths refresher

    Appendix 3 An introduction to econometrics

    Glossary

    Symbols used in this book

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