Macroeconomics updated edition (revised) with updated study guide

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Langue : Anglais

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Brad DeLong¿s Macroeconomics offers a new approach to the subject. Drawing upon his vast experience teaching, researching, and advising the U.S. government on Economy policy has enabled him to write an intermediate macroeconomics text that will set the standard for books in this area for years to come. For example, DeLong focuses on the interest rate rather than the AS/AD diagram and he includes expanded coverage of the crucial topic of long-run growth. His lively text is modern, provides extensive insight into economic policy, incorporates a strong international perspective, and offers a broad historical perspective. Because of all the happenings in the macroeconomy since September of 2001, we are publishing a special Updated Edition Value Package of DeLong. This Updated Edition covers such important topics as the September 11, 2001 terrorist attacks and their remarkably strong but apparently short-lived effects on production and employment, the recession, the Argentinean financial crisis and more. The Updated Edition Value Package also includes the high-quality Study Guide, written by Martha Olney at University of California-Berkeley.

Part 1:Preliminaries

1 Introduction to Macroeconomics

2 Measuring the Macroeconomy

3 Thinking Like an Economist

Part 2:Long-Run Economic Growth

4 The Theory of Economic Growth

5 The Reality of Economic Growth: History and Prospect

Part 3:Flexible-Price Macroeconomics

6 Building Blocks of the Flexible-Price Model

Appendix 6A A Closer Look at Consumption

Appendix 6B Present Value and Investment

7 Equilibrium in the Flexible-Price Model

8 Money, Prices, and Inflation

Part 4:Sticky-Price Macroeconomics

9 The Income-Expenditure Framework: Consumption and the Multiplier

10 Investment, Net Exports, and Interest Rates

Appendix 10A The Term Premium and Expected Future Interest Rates

11 Extending the Sticky-Price Model: More Analytical Tools

12 The Phillips Curve and Expectations

Part 5:Macroeconomic Policy

13 Stabilization Policy

14 The Budget Balance, the National Debt, and Investment

15 International Economic Policy

16 Changes in the Macroeconomy and Changes in Macroeconomic Policy

17 The Future of Macroeconomics

Epilog