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Macroeconomics: Policy and Practice cover

Macroeconomics: Policy and Practice

by Frederic S. Mishkin

2nd Edition

Publisher: Pearson

(0 reviews)
Business & Economics

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Book Details

Print ISBN9780133424317
eText ISBN9780133820256
PublisherPearson
Publishing Year2014
Edition2nd Edition
LanguageEnglish

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

  1. Chapter 1: The Policy and Practice of Macroeconomics

  2. Chapter 2: Measuring Macroeconomic Data

  3. Chapter 3: Aggregate Production and Productivity

  4. Chapter 4: Saving and Investment in Closed and Open Economies

  5. Chapter 5: Money and Inflation

  6. Chapter 6: The Sources of Growth and the Solow Model

  7. Chapter 7: Drivers of Growth: Technology, Policy, and Institutions

  8. Chapter 8: Business Cycles: An Introduction

  9. Chapter 9: The IS Curve

  10. Chapter 10: Monetary Policy and Aggregate Demand

  11. Chapter 11: Aggregate Supply and the Phillips Curve

  12. Chapter 12: The Aggregate Demand and Supply Model

  13. Chapter 13: Macroeconomic Policy and Aggregate Demand and Supply Analysis

  14. Chapter 14: The Financial System and Economic Growth

  15. Chapter 15: Financial Crises and the Economy

  16. Chapter 16: Fiscal Policy and the Governmnt Budget

  17. Chapter 17: Exchange Rates and International Economic Policy

  18. Chapter 18: Consumption and Saving

  19. Chapter 19: Investment

  20. Chapter 20: The Labor Market, Employment, and Unemployment

  21. Chapter 21: The Role of Expectations in Macroeconomic Policy

  22. Chapter 22: Modern Business Cycle Theory

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