ISBN: 9781292351520
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Macroeconomics, Global Edition, 8th Edition (e-Book VS 12m)

By Olivier Blanchard

Descripción: In Macroeconomics, Blanchard presents an integrated, global view of macroeconomics, enabling students to see the connections between goods markets, financial markets, and labor markets worldwide. Organised into two parts, the text contains a core section that focuses on short-, medium-, and long-run markets and two major extensions that offer more in-depth coverage of the issues at hand.

From the major economic crisis that engulfed the world in the late 2000s, to monetary policy in the US, to the problems of the Euro area, and growth in China, the text helps students make sense not only of current macroeconomic events but also of those that may unfold in the future. Integrated, detailed boxes in the 8th Edition have been updated to convey the life of macroeconomics today, reinforce lessons from the models, and help students employ and develop their analytical and evaluative skills.

"THE CORE PART I: INTRODUCTION 1. A Tour of the World 2. A Tour of the Book PART II: 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 III: 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 IV: 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 V: EXPECTATIONS 14. Financial Markets and Expectations 15. Expectations, Consumption, and Investment 16. Expectations, Output, and Policy PART VI: 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 VII: 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"