Macroeconomics
A European Perspective
by Olivier Blanchard, Alessia Amighini, Francesco Giavazzi
4th Edition
Publisher: Pearson
Book Details
| Print ISBN | 9781292360898 |
| eText ISBN | 9781292360911 |
| Publisher | Pearson |
| Publishing Year | 2021 |
| Edition | 4th Edition |
| Language | English |
| Pages | 624 |
Macroeconomics: A European Perspective, 4th Edition, is an academic textbook designed for intermediate-level university courses. Based on the US text by Olivier Blanchard, the volume presents an integrated, global perspective on goods, financial, and labour markets worldwide.
The volume is organized into two distinct parts: a core section addressing short-, medium-, and long-run markets, followed by two major extensions. Key themes include goods and financial market equilibrium, technological progress, capital accumulation, and open-economy interactions.
To aid students exploring the discipline, the 2021 edition adds an appendix examining career paths in macroeconomics, alongside margin notes that offer additional explanations for complex theoretical concepts.
Table of Contents
Chapter 1: A tour of the world
Chapter 2: A tour of the book
Chapter 3: The goods market
Chapter 4: Financial markets: I
Chapter 5: Goods and financial markets: the IS-LM model
Chapter 6: Financial markets II: the extended IS-LM model
Chapter 7: The labour market
Chapter 8: The Phillips curve, the natural rate of unemployment and inflation
Chapter 9: From the short to the medium run: the IS-LM-PC model
Chapter 10: The COVID economic crisis
Chapter 11: The facts of growth
Chapter 12: Saving, capital accumulation and output
Chapter 13: Technological progress and growth
Chapter 14: The challenges of growth
Chapter 15: Financial markets and expectations
Chapter 16: Expectations, consumption and investment
Chapter 17: Expectations, output and policy
Chapter 18: Openness in goods and financial markets
Chapter 19: The goods market in an open economy
Chapter 20: Output, the interest rate and the exchange rate
Chapter 21: Exchange rate regimes
Chapter 22: Should policy makers be restrained?
Chapter 23: Fiscal policy: a summing up
Chapter 24: Monetary policy: a summing up
Chapter 25: Epilogue: the story of macroeconomics
Chapter Appendix 1: An introduction to national income and product accounts
Chapter Appendix 2: A maths refresher
Chapter Appendix 3: An introduction to econometrics
Chapter Glossary: Glossary
Chapter Symbols used in this book: Symbols used in this book
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