Published by Pearson (September 12, 2024) © 2025
Nicolas Vincent | Pierre YaredFueled by real-time data and immersive applications, Revel® Intermediate Macroeconomics focuses on the "big picture" of topics to set the stage for analyzing real-world economic events.
Interactive graphs and models, along with current news-based videos and real data exercises, help you develop valuable skills in examining and understanding macroeconomics in the world today.
PART 1: INTRODUCTION AND KEY MACROECONOMIC CONCEPTS
- Why Macroeconomics Matters
- GDP and Prices
- Appendix 2A: Limits to GDP Accounting
- Labor Market Indicators
PART 2: ECONOMY IN THE LONG RUN
- Engines of Growth: Capital, Workers, and Technology
- Appendix 4A: The Cobb-Douglas Production Function in Detail
- The Solow Model
- Appendix 5A: The Solow Model in Detail
- Productivity
- Appendix 6A: Malthusian Trap
- Appendix 6B: Institutions and Economic Development
- Labor Market Forces
- Appendix 7A: A Model of the Labor Market
- Appendix 7B: Income Inequality
- Money
PART 3: BUSINESS CYCLES ANALYSIS
- Introduction to Business Cycles
- Business Cycle Framework I: Aggregate Demand, Interest Rates, and Money
- Business Cycle Framework II: Prices and Aggregate Demand over the Business Cycle
- Appendix 11A: Deriving the SRAS Curve
PART 4: POLICY OVER THE BUSINESS CYCLE
- Monetary Policy
- Appendix 12A: Monetary Policy at the Zero Lower Bound
- A Dynamic Macroeconomic Model
- Countercyclical Fiscal Policy
- Fiscal Trends and Government Debt
- Appendix 15A: A Model of Government Debt Sustainability
- Appendix 15B: A Model of Taxation and Revenue
PART 5: MACROECONOMICS AND THE FINANCIAL SYSTEM
- Financial Markets and Macroeconomics
- Financial Crises
- Appendix 17A: Financial Crisis Response and Financial Regulation
PART 6: GLOBAL FORCES
- Global Imbalances and World Interest Rates
- Economic Policy with Open Borders
- Appendix 19A: Exchange Rates in the Long Run