Macroeconomics
₹899.00
- Publisher: Palgrave Macmillan
- ISBN-13: 9781137600974
- Pages: 576
- Binding: Paperback
- Year of Pub / Reprint Year: 2016
Description
About The Book
Macroeconomics presents a new approach to
macroeconomics, based on microeconomic foundations
combined with Keynesian-style short-run policy analysis.
Table Of Contents
Introduction
PART I: THE LONG RUN
Production, Prices and the Distribution of Income
Interest Rates and Investment
Consumption and the Natural Rate of Interest
Capital Accumulation and Growth
Wage Setting and Unemployment
Money and Inflation in the Long Run
PART II: THE SHORT RUN
The Interest Rate and Production in the Short Run
Economic Activity and Inflation in the Short Run
PART III: ECONOMIC POLICY
Monetary Policy
Fiscal Policy
PART IV: THE OPEN ECONOMY
Exports, Imports, and International Financial Markets
The Open Economy in the Long Run
The Open Economy in the Short Run
Exchange Rate Systems and Monetary Union
PART V: BUSINESS CYCLES, POLICYMAKING, FINANCIAL MARKETS
Business Cycles
Institutions and Economic Policy
Financial Markets
The book features:
A pronounced international stance, systematically presenting data from several countries
• Consistent treatment of the long and short run and the closed and open economy
• A highly relevant approach that takes account of market imperfections and rigidities, which characterize real economies
• Up-to-date chapters on EMU, business cycles, institutions and policy, and financial markets and crises
• End of chapter summaries, exercises with varying levels of difficulty, plus appendices providing extension material
Written in a clear and direct style, Gottfries’s Macroeconomics is the ideal textbook for students who seek a thorough understanding of modern macroeconomics in preparation for work or further study.
About The Author
Nils Gottfries is a Professor of Economics at Uppsala University, Sweden and former editor
ofThe Scandinavian Journal of Economics. He has published extensively in journals including the QJE,
JPE, EJ, EER. Most of his research has been concerned with the microeconomic foundations of
macroeconomics, particularly the theory of the supply side: prices, wages, and unemployment. He was a
member of the Swedish commission on the EMU. He has been teaching macroeconomics regularly at
the intermediate and graduate levels.