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Macroeconomics, Global Edition Paperback – 31 August 2016

by Andrew Abel (Author), Ben Bernanke (Author), Dean Croushore (Author)
4.1 out of 5 stars 5
Edition: 9th
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Macroeconomics, Global Edition
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For courses in Intermediate Macroeconomics.
 
Demonstrating a balanced treatment of both classical and Keynesian economics, Macroeconomics presents macroeconomic theory in a big-picture way. Comprehensive coverage makes it easy for instructors to align chapters to fit their own syllabi, and the text helps instructors prepare students to analyse real macroeconomic data used by policy makers and researchers. This text uses a unified approach based on a single economics model that provides students with a clear understanding of macroeconomics and its classical and Keynesian assumptions. The 9th Edition features new applications, boxes, and problems throughout and reflects recent events and developments in the field in light of recent crises in the United States and Europe.

Previous page
  1. ISBN-10
    9781292154923
  2. ISBN-13
    978-1292154923
  3. Edition
    9th
  4. Publisher
    Pearson
  5. Publication date
    31 August 2016
  6. Language
    English
  7. Dimensions
    20.3 x 4.01 x 25.4 cm
  8. Print length
    672 pages
  9. See all details
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Product description

From the Back Cover

About the Book

Comprehensive Economics Coverage

  • Graph illustrates the uses-of-saving identity (Chapter 2).
  • Early coverage of long-¬run topics in chapters 3-¬7 reflects a commitment to modern macro theory, followed by an equally in-¬depth analysis of short-¬run issues in chapters 8¬-11.
  • Chapter 3 covers alternative measures of the unemployment rate.
  • Extended discussion of the global savings glut is included in Chapter 5.
  • Introduction of the concept of the break-even inflation rate is discussed in Chapter 7.
  • Chapter 8 discusses the idea that the Great Moderation may not have ended with the Great Recession.
  • Discussion of the 2008 oil price shock in Chapter 9.
  • Discussion of the problems that arise if inflation is too low in Chapter 12.
  • Discussion of the concept of an optimum currency area and whether either the United States or Europe fit the criteria in chapter 13.
  • Expanded discussion of central banks performing a function as the lender of last resort in Chapter 14.
  • Expanded discussion of quantitative easing and forward guidance in Chapter 14.
  • Introduction of the Laffer curve in discussing supply-side economics in Chapter 15.

Learning Aids

· UPDATED! A fully updated series of graphs illustrate the historical movements of key economic variables.

Product details

  • ASIN ‏ : ‎ 1292154926
  • Publisher ‏ : ‎ Pearson; 9th edition (31 August 2016)
  • Language ‏ : ‎ English
  • Paperback ‏ : ‎ 672 pages
  • ISBN-10 ‏ : ‎ 9781292154923
  • ISBN-13 ‏ : ‎ 978-1292154923
  • Dimensions ‏ : ‎ 20.3 x 4.01 x 25.4 cm
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