Macroeconomics

Macroeconomics, 6th edition

  • Stephen D. Williamson

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Overview

Mirroring how macroeconomic research is conducted today, Macroeconomics, builds macro models from microeconomic principles. This approach allows for deeper insights into economic growth processes and business cycles and better prepares you for advanced study in economics.

Published by Pearson (July 14th 2021) - Copyright © 2018

ISBN-13: 9780137538201

Table of contents

Part I. Introduction and Measurement Issues
1. Introduction
2. Measurement
3. Business Cycle Measurement

Part II. Basic Macroeconomic Models. A One-Period Model and Models of Search and Unemployment
4. Consumer and Firm Behavior. The Work–Leisure Decision and Profit Maximization
5. A Closed-Economy One-Period Macroeconomic Model
6. Search and Unemployment

Part III. Economic Growth
7. Economic Growth. Malthus and Solow
8. Income Disparity Among Countries and Endogenous Growth

Part IV. Savings, Investment, and Government
9. A Two-Period Model. The Consumption–Savings Decision and Credit Markets
10. Credit Market Imperfections. Credit Frictions, Financial Crises, and Social Security
11. A Real Intertemporal Model with Investment

Part V. Money and Business Cycles
12. Money, Banking, Prices, and Monetary Policy
13. Business Cycle Models with Flexible Prices and Wages
14. New Keynesian Economics. Sticky Prices
15. Inflation. Phillips Curves and Neo-Fisherism

Part VI. International Macroeconomics
16. International Trade in Goods and Assets
17. Money in the Open Economy

Part VII. Money, Inflation, and Banking
18. Money, Inflation, and Banking. A Deeper Look

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