Macroeconomics : principles and policy / William J. Baumol, Alan S. Blinder.
Material type: TextPublication details: Mason, OH : South-Western Cengage Learning, 2008.Edition: 11th edDescription: xxi, 420 p. : col ill. ; 28 cmISBN:- 032458637X
- 9780324586374
- 338.5 22
Item type | Current library | Call number | Copy number | Status | Date due | Barcode | |
---|---|---|---|---|---|---|---|
Books | Main library General Stacks | 338.5 / BA.M 2009 (Browse shelf(Opens below)) | 1 | Available | 003546 |
Includes bibliographical references and index.
1. What Is Economics? -- 2. The Economy: Myth and Reality -- 3. The Fundamental Economic Problem: Scarcity and Choice -- 4. Supply and Demand: An Initial Look -- 5. An Introduction to Macroeconomics -- 6 The Goals of Macroeconomic Policy -- 7. Economic Growth: Theory and Policy -- 8. Aggregate Demand and the Powerful Consumer -- 9. Demand-Side Equilibrium: Unemployment or Inflation? -- 10. Bringing in the Supply Side: Unemployment and Inflation? -- 11. Managing Aggregate Demand: Fiscal Policy -- 12. Money and the Banking System -- 13. Managing Aggregate Demand: Monetary Policy -- 14. The Debate Over Monetary and Fiscal Policy -- 15. Fiscal Policy, Monetary Policy, and Growth -- 16. The Trade-off between Inflation and Unemployment -- 17. International Trade and Comparative Advantage -- 18. The International Monetary System: Order or Disorder? -- 19. Exchange Rates and the Macroeconomy.
This text is well-known for using the Keynesian model in the teaching of economics; yet, in recent editions, the authors have expanded coverage of the growth model considerably to achieve more balanced coverage. The text uses the aggregate supply/ aggregate demand model as a fundamental tool for learning macroeconomics. It achieves the right level of rigor and detail, presenting complicated concepts in a relatively straightforward manner and using timely economic data. Using puzzles, issues, and well-developed examples, the authors provide a good balance of theory to application.
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