Now firmly established as one of the leading economics principles texts in the UK and Europe, this exciting new third edition of Macroeconomics by N. Gregory Mankiw (Harvard University) and Mark P. Taylor (Warwick University), has undergone some significant restructuring and reorganization to more directly match economics students' course structures and learning and assessment needs. There are new sections covering macroeconomic topics and concepts in more depth, whilst at the same time retaining the book's reputation for clarity, authority and real world relevance.
Now firmly established as one of the leading economics principles texts in the UK and Europe, this exciting new third edition of Macroeconomics by N. Gregory Mankiw (Harvard University) and Mark P. Taylor (Warwick University), has undergone some significant restructuring and reorganization to more directly match economics students' course structures and learning and assessment needs. There are new sections covering macroeconomic topics and concepts in more depth, whilst at the same time retaining the book's reputation for clarity, authority and real world relevance.
Part 1 Introduction to economics 1. Ten principles of economics 2. Thinking like an economist Part 2 Supply and demand: how markets work 3. The market forces of supply and demand 4. Elasticity and its applications 5. Background to demand: the theory of consumer choice 6. Background to supply: firms in competitive markets Part 3 The data of macroeconomics 7. Measuring a nation's income 8. Measuring the cost of living Part 4 The real economy in the long run 9. Production and growth 10. Unemployment Part 5 Interest rates, money and the prices in the long run 11. Saving, investment and the financial system 12. The basic tools of finance 13. The monetary system 14. Money growth and inflation Part 6 The macroeconomics of open economics 15. Open-economy macroeconomics: basic concepts 16. A macroeconomic theory of the open economy Part 7 Short-run economic fluctuations 17. Business cycles 18 Keynesian economics and IS-LM analysis 19. Aggregate demand and aggregate supply 20. The influence of monetary and fiscal policy on aggregate demand 21. The short-run trade-off between inflation and unemployment 22. Supply-side economics Part 8 International macroeconomics 23. Common currency areas and European monetary union 24. The financial crisis and sovereign debt
Part 1 Introduction to economics 1. Ten principles of economics 2. Thinking like an economist Part 2 Supply and demand: how markets work 3. The market forces of supply and demand 4. Elasticity and its applications 5. Background to demand: the theory of consumer choice 6. Background to supply: firms in competitive markets Part 3 The data of macroeconomics 7. Measuring a nation's income 8. Measuring the cost of living Part 4 The real economy in the long run 9. Production and growth 10. Unemployment Part 5 Interest rates, money and the prices in the long run 11. Saving, investment and the financial system 12. The basic tools of finance 13. The monetary system 14. Money growth and inflation Part 6 The macroeconomics of open economics 15. Open-economy macroeconomics: basic concepts 16. A macroeconomic theory of the open economy Part 7 Short-run economic fluctuations 17. Business cycles 18 Keynesian economics and IS-LM analysis 19. Aggregate demand and aggregate supply 20. The influence of monetary and fiscal policy on aggregate demand 21. The short-run trade-off between inflation and unemployment 22. Supply-side economics Part 8 International macroeconomics 23. Common currency areas and European monetary union 24. The financial crisis and sovereign debt
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