Published by Pearson (July 30, 2015) © 2015
Frederic MishkinThe full text downloaded to your computer
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For courses in Intermediate Macroeconomics
Macroeconomics: Policy and Practice, 2nd Edition draws on the rich tapestry of recent economic events to help students understand the policy issues debated by the media and the public at large during these trying times. Building on his expertise in macroeconomic policy making at the Federal Reserve, author Frederic S. Mishkin provides detailed, step-by-step explanations of all models and highlights the techniques used by policy makers in practice.
This text provides a better teaching and learning experience–for you and your students.
- I. Introduction
- 1. The Policy and Practice of Macroeconomics
- 2. Measuring Macroeconomic Data
- II. Macroeconomic Basics
- 3. Aggregate Production and Productivity
- 4. Saving and Investment in Closed and Open Economies
- 5. Money and Inflation
- III. Long-Run Economic Growth
- 6. The Sources of Growth and the Solow Model
- 7. Drivers of Growth: Technology, Policy, and Institutions
- IV. Business Cycles: The Short Run
- 8. Business Cycles: An Introduction
- 9. The IS Curve
- 10. Monetary Policy and Aggregate Demand
- 11. Aggregate Supply and the Phillips Curve
- 12. The Aggregate Demand and Supply Model
- 13. Macroeconomic Policy and Aggregate Demand and Supply Analysis
- V. Finance and the Macroeconomy
- 14. The Financial System and Economic Growth
- 15. Financial Crises and the Economy
- VI. Macroeconomic Policy
- 16. Fiscal Policy and the Governmnt Budget
- 17. Exchange Rates and International Economic Policy
- VII. Microeconomic Foundations of Macroeconomics
- 18. Consumption and Saving
- 19. Investment
- 20. The Labor Market, Employment, and Unemployment
- VIII. Modern Business Cycle Analysis and Macroeconomic Policy
- 21. The Role of Expectations in Macroeconomic Policy
- 22. Modern Business Cycle Theory