- ISBN-10 : 0321485513
- ISBN-13 : 978-0321485519
- Author: Robert J. Gordon
Macroeconomics is widely praised for its ability to present theory as a way of evaluating key macro questions, such as why some countries are rich and others are poor. Gordon makes extensive use of data, international examples, and case studies throughout, and the Eleventh Edition incorporates critical developments in the field. New topics include the housing bubble and the role of housing wealth, the economic progress of China, recent discussions of growth theory, and the effect of oil prices on the economy.
Table contents:
Part I Introduction
Chapter 1 The Science of Macroeconomics
Chapter 2 The Data of Macroeconomics
Part II Classical Theory: The Economy in the Long Run
Chapter 3 National Income: Where It Comes From and Where It Goes
Chapter 4 The Monetary System: What It Is and How It Works
Chapter 5 Inflation: Its Causes, Effects, and Social Costs
Chapter 6 The Open Economy
Chapter 7 Unemployment and the Labor Market
Part III Growth Theory: The Economy in the Very Long Run
Chapter 8 Capital Accumulation as a Source of Growth
Chapter 9 Population Growth and Technological Progress
Chapter 10 Growth Empirics and Policy
Part IV Business Cycle Theory: The Economy in the Short Run
Chapter 11 Introduction to Economic Fluctuations
Chapter 12 Aggregate Demand I: Building the IS–LM Model
Chapter 13 Aggregate Demand II: Applying the IS–LM Model
Chapter 14 The Open Economy Revisited: The Mundell–Fleming Model and the Exchange-Rate Regime
Chapter 15 Aggregate Supply and the Short-Run Tradeoff Between Inflation and Unemployment
Part V Topics in Macroeconomic Theory and Policy
Chapter 16 A Dynamic Model of Economic Fluctuations
Chapter 17 Alternative Perspectives on Stabilization Policy
Chapter 18 Government Debt and Budget Deficits
Chapter 19 The Financial System: Opportunities and Dangers
Chapter 20 The Microfoundations of Consumption and Investment
Epilogue What We Know, What We Don’t
Glossary
Index
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