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Macmillan Higher Education

Macroeconomics

A Fresh Start

Author(s):
Publisher:

Springer

Pages: 106
Further Actions:

Recommend to library

AVAILABLE FORMATS

Paperback - 9783662522486

17 September 2016

$89.99

In stock

Ebook - 9783642374418

19 July 2014

$69.99

In stock

Hardcover - 9783642374401

01 August 2014

$89.99

In stock


The world has changed dramatically in recent years and so has the field of economics, but many introductory economics textbooks have remained stuck in the past. This book provides a new beginning for the study of...

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The world has changed dramatically in recent years and so has the field of economics, but many introductory economics textbooks have remained stuck in the past. This book provides a new beginning for the study of macroeconomics, fundamentally international in its approach and emphasizing current debates and research trends. The first, mostly descriptive half of the book presents the main macroeconomic and financial patterns observed across the world, the institutions that govern national economies and the policy options available to decision-makers. In the second half, different schools of thought in macroeconomics are introduced with an emphasis on their underlying assumptions, so that students can judge for themselves how well they apply in real-world situations.
Throughout the book, the post-2007 financial crisis is a continuing focus and financial markets are fully integrated in the analysis. Policy debates are viewed in light of political economy considerations, both domestic and international. The book’s style focuses on in-depth explanations and supports teaching methodologies based on critical thinking and active learning, encouraging students to relate to current discussions, especially those taking place online.

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Attempts an open-minded approach, encouraging students to think for themselves about unresolved policy debates

Fully international approach, beginning with the first chapter on theories of economic development

Starts off with the real world of economic performance and policy, before tackling theoretical schools and debates

Integrates financial markets in the analysis throughout the book

The post-2007 financial crisis is a continuing theme of the book, and material needed to understand it is highlighted throughout

Detailed explanation permits instructors to shift more classroom time away from lecturing and toward data labs, workshops and research projects

1 Introduction: Economic Growth and Development in Historical Perspective
2 Some Relevant Microeconomics
Part I: The Terrain of Macroeconomics
3 Accounts and Measurements
4 The Fundamental Macroeconomic Identities
5 Macroeconomic Issues: Output, Employment, Inflation, Financial Stability
6 Macroeconomic Adjustment
7 An Introduction to Money, Banks and Financial Systems
8 International Finance: A World of Many Moneys
9 International Trade in an Interdependent World
Part II: Macroeconomic Theories in Conflict
10 Classical Economic Doctrine and the Keynesian Challenge
11 Equilibrium National Income and Financial Balances in a Keynesian World
12 Keynesian Fiscal Policy
13 Central Banks and Monetary Policy. Appendix: The IS-LM Model
14 Business Cycles
15 The Crucible of the 1970s
16 The Rise and Fall of the Great Moderation
17 The Financial Crisis of 2008 and Its Aftermath
Glossary
Index​.
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Peter Dorman is a professor of economics at Evergreen State College. He has published extensively on a range of economic topics including occupational safety and health, child labor, environmental policy, international trade theory and economic methodology.     

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Peter Dorman is a professor of economics at Evergreen State College. He has published extensively on a range of economic topics including occupational safety and health, child labor, environmental policy, international trade theory and economic methodology.     

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