Previous edition: 2022.

Includes bibliographical references and index.

Part I. Introduction. The Science of macroeconomics ; The data of macroeconomics -- Part II. Classical Theory : The Economy in the Long Run. National income : How it is earned ; national Income: how it is spent ; A first look at the monetary system ; Inflation : Its causes, effects, and social costs ; The open economy ; The large open economy ; Unemployment and the labor market -- Part III. Growth Theory : The Economy in the Very Long Run. Capital accumulation as a source of growth ; Population growth and technological progress ; Growth empirics and policy -- Part IV. Business Cycle Theory : The Economy in the Short Run. Introduction to economic fluctuations ; Aggregate demand I : Building the IS-LM model ; Aggregate demand II : Applying the IS-LM model ; The open economy revisited : The Mundell-Fleming model and the exchange-rate regime ; A short-run model of the large open economy ; Aggregate supply and the short-run tradeoff between inflation and unemployment ; The mother of all models -- Part V. Topics in Macroeconomic Theory and Policy. A dynamic model of economic fluctuations ; Alternative perspectives on stabilization policy ; Time inconsistency and the tradoff between inflation and unemployment ; Government debt and budget deficits ; Banking and monetary policy ; The financial system : Opportunities and dangers ; The microfoundations of consumption and investment -- Epilogue. What we know, what we don't -- Glossary.

"College textbook in the field of macroeconomics"-- Provided by publisher.

Imported from: zcat.oclc.org:210/OLUCWorldCat (Do not remove)