Macroeconomics, 10th edition

  • Andrew B. Abel, 
  • Ben S. Bernanke, 
  • Dean Croushore

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Macroecomomics presents macroeconomic theory in a big-picture way, demonstrating a balanced treatment of both classical and Keynesian economics. Comprehensive coverage helps you analyze real macroeconomic data that real policy makers and researchers use. This text takes a unified approach based on a single economics model, which will provide you with a clear understanding of macroeconomics and its classical and Keynesian assumptions.

The 10th Edition features new applications, boxes, and problems throughout. It also reflects recent events and developments in the field. As an example, it explores the recent crisis in the US and Europe and the many new tools used by the Federal Reserve in response.

Published by Pearson (September 15th 2020) - Copyright © 2020

ISBN-13: 9780135634974

Subject: Economics

Category: Intermediate Macroeconomics

Table of contents


  1. Introduction to Macroeconomics
  2. The Measurement and Structure of the National Economy


  1. Productivity, Output, and Employment
  2. Consumption, Saving, and Investment
  3. Saving and Investment in the Open Economy
  4. Long-Run Economic Growth
  5. The Asset Market, Money, and Prices


  1. Business Cycles
  2. The IS–LM/AD–AS Model: A General Framework for Macroeconomic Analysis
  3. Classical Business Cycle Analysis: Market-Clearing Macroeconomics
  4. Keynesianism: The Macroeconomics of Wage and Price Rigidity


  1. Unemployment and Inflation
  2. Exchange Rates, Business Cycles, and Macroeconomic Policy in the Open Economy
  3. Monetary Policy and the Federal Reserve System
  4. Government Spending and Its Financing

Appendix A: Some Useful Analytical Tools

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