Principles of Macroeconomics: Activist Vs Austerity Policies

Name: Principles of Macroeconomics: Activist Vs Austerity Policies
Price: 23.55 USD
Availability: InStock
ISBN: 9780765636119

ISBN-10: 0765636115

ISBN-13: 9780765636119

Edition: 2013

Authors: Howard J. Sherman, Michael A. Meerpol

List price: $59.95

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Principles of Macroeconomics by Howard J. Sherman and Michael A. Meeropol differs from other texts in that this book stresses far more the inherent instability of the macro-economy. The details of the business cycle come early and are integrated throughout the core of usual macro topics (C, I, G, X). The book puts inflation into its proper perspective by recognizing that unemployment is the much greater threat to the economic well being of the vast majority of the people. Instead unemployment, and its human toll, are given far greater emphasis than other texts. The Keynesian model is fully developed; so is the statistical analysis of Wesley Mitchell. The neoclassical model is covered in…

Book details

List price: $59.95
Copyright year: 2013
Publisher: M E Sharpe Inc
Binding: Paperback
Pages: 400
Size: 7.50" wide x 9.00" long x 0.75" tall
Weight: 1.584
Language: English



Acknowledgments


Preface



Basic Issues of Macroeconomics



What Is Macroeconomics?



Evolution of Capitalism



The Classical View of the Macro-Economy



The Keynesian Revolution



National Income Accounting



Classical and Keynesian Graphical Analysis



Introduction to Economic Growth



Introduction to Business Cycles



Growth and Instability



Investment and Profit



The Multiplier



Employee Income and Profit



Consumer Spending



Credit and Interest



Housing Bubble and Financial Crisis



Government Spending, Taxes, and Deficits



The Trade Gap



Business Cycles



The Global Macro-Economy



Globalization and the Spread of Instability



The Euro Zone and Currency Issues



Finance and Monetary Policy



Inflation



Monetary Policy and Financial Regulation



Debates over Monetary Policy



Fiscal Policy and Full Employment



Fiscal Policy: How to Stimulate an Economy



Fiscal Policy: Austerians and Deficit Hawks vs. Stimulus



A Road to Full Employment


References


Index


About the Authors