Macroeconomics, 8th edition

Published by Pearson (September 29, 2020) © 2021

  • Olivier Blanchard

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ISBN-13: 9780136713883 (2020 update)
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Macroeconomics presents an integrated, global view of the subject, and highlights the connections between goods-, financial-, and labor-markets worldwide. A core section focuses on short-, medium-, and long-run markets while two extensions offer more in-depth coverage of the issues at hand.

From the economic crisis of the late 2000s, to growth in China, the 8th Edition helps you make sense of current events and those that may unfold in the future. The text has been updated to convey the life of macroeconomics today, and help you employ and develop your analytical and evaluative skills.

THE CORE

PART 1: INTRODUCTION
1. A Tour of the World
2. A Tour of the Book

PART 2: THE SHORT RUN
3. The Goods Market
4. Financial Markets I
5. Goods and Financial Markets; The IS-LM Model
6. Financial Markets II

PART 3: THE MEDIUM RUN
7. The Labor Market
8. The Phillips Curve, the Natural Rate of Unemployment, and Inflation
9. Putting All Markets Together: From the Short to the Medium Run

PART 4: THE LONG RUN
10. The Facts of Growth
11. Saving, Capital Accumulation, and Output
12. Technological Progress and Growth
13. The Challenges of Growth

EXTENSIONS

PART 5: EXPECTATIONS
14. Financial Markets and Expectations
15. Expectations, Consumption, and Investment
16. Expectations, Output, and Policy

PART 6: THE OPEN ECONOMY
17. Openness in Goods and Financial Markets
18. The Goods Market in an Open Economy
19. Output, the Interest Rate, and the Exchange Rate
20. Exchange Rate Regimes

PART 7: BACK TO POLICY
21. Should Policy Makers Be Restrained?
22. Fiscal Policy: A Summing Up
23. Monetary Policy: A Summing Up
24. Epilogue: The Story of Macroeconomics

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