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Macroeconomics Principles and Policy

ISBN-10: 0324537034
ISBN-13: 9780324537031
Edition: 10th 2008
List price: $174.95
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Description: This text is well known for using the Keynesian model in the teaching of economics; yet in the 2007 Update edition, the authors have expanded coverage of the growth model considerably to achieve more balanced coverage making the content more  More...

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Book details

List price: $174.95
Edition: 10th
Copyright year: 2008
Publisher: Cengage South-Western
Publication date: 6/22/2007
Binding: Paperback
Pages: 440
Size: 8.50" wide x 11.00" long x 0.75" tall
Weight: 1.958
Language: English

This text is well known for using the Keynesian model in the teaching of economics; yet in the 2007 Update edition, the authors have expanded coverage of the growth model considerably to achieve more balanced coverage making the content more accessible for the students. 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 allowing students to relate the materials to their every day lives. In addition, a well respected study guide, ThomsonNOW, and student website are available at study aides.

Alan S. Blinder earned his B.A. at Princeton University, his M.A. at the London School of Economics and Ph.D. at MIT. He teaches at Princeton University and is the author of the best seller, After the Music Stopped, about the financial crisis and its aftermath. Dr. Blinder served on President Clinton's first Council of Economic Advisers and then as vice chairman of the Federal Reserve Board, thereby playing a role in formulating both the fiscal and monetary policies of the 1990s. Dr. Blinder, now a regular columnist for THE WALL STREET JOURNAL, has written newspaper and magazine columns on economic policy for more than thirty years. He is a past Vice President and a Distinguished Fellow of the American Economic Association.

Getting Acquainted With Economics
What Is Economics?
The Economy: Myth and Reality
The Fundamental Economic Problem: Scarcity and Choice
Supply and Demand: An Initial Look
The Macroeconomy: Aggregate Supply And Demand
The Realm of Macroeconomics
The Goals of Macroeconomic Policy
Economic Growth: Theory and Policy
Aggregate Demand and the Powerful Consumer
Demand-Side Equilibrium: Unemployment or Inflation?
Supply-Side Equilibrium: Unemployment and Inflation?
Fiscal And Monetary Policy
Managing Aggregate Demand: Fiscal Policy
Money and the Banking System
Monetary Policy and the National Economy
The Debate Over Monetary and Fiscal Policy
Fiscal Policy, Monetary Policy, and Growth
Inflation and Growth: The Phillips Curve
The United States In The World Economy
International Trade and Comparative Advantage
The International Monetary System: Order or Disorder?
Exchange Rates and the Macroeconomy

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