
Macroeconomics: Policy and Practice
by Frederic S. Mishkin
2nd Edition
Publisher: Pearson
Book Details
| Print ISBN | 9780133424317 |
| eText ISBN | 9780133820256 |
| Publisher | Pearson |
| Publishing Year | 2014 |
| Edition | 2nd Edition |
| Language | English |
Macroeconomics: Policy and Practice, 2nd Edition, is a textbook designed for intermediate macroeconomics courses. Drawing on economic events, the volume examines policy issues debated in media and public discussions.
Broad areas of coverage include macroeconomic data measurement, the drivers of long-run economic growth, and the mechanisms of short-run business cycles. The text also addresses monetary and fiscal policy, the financial system, and microeconomic foundations of the economy.
Author Frederic S. Mishkin draws on Federal Reserve policymaking experience to provide step-by-step explanations of economic models. An aggregate demand and supply framework is paired with real-world examples to help students connect theoretical principles with practical applications.
Table of Contents
Chapter 1: The Policy and Practice of Macroeconomics
Chapter 2: Measuring Macroeconomic Data
Chapter 3: Aggregate Production and Productivity
Chapter 4: Saving and Investment in Closed and Open Economies
Chapter 5: Money and Inflation
Chapter 6: The Sources of Growth and the Solow Model
Chapter 7: Drivers of Growth: Technology, Policy, and Institutions
Chapter 8: Business Cycles: An Introduction
Chapter 9: The IS Curve
Chapter 10: Monetary Policy and Aggregate Demand
Chapter 11: Aggregate Supply and the Phillips Curve
Chapter 12: The Aggregate Demand and Supply Model
Chapter 13: Macroeconomic Policy and Aggregate Demand and Supply Analysis
Chapter 14: The Financial System and Economic Growth
Chapter 15: Financial Crises and the Economy
Chapter 16: Fiscal Policy and the Governmnt Budget
Chapter 17: Exchange Rates and International Economic Policy
Chapter 18: Consumption and Saving
Chapter 19: Investment
Chapter 20: The Labor Market, Employment, and Unemployment
Chapter 21: The Role of Expectations in Macroeconomic Policy
Chapter 22: Modern Business Cycle Theory
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