Richard T. Froyen

Froyen: Macroeconomics (eBook, PDF)

• Format: PDF

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Macroeconomics traces the history, evolution, and challenges of Keynesian economics, presenting a comprehensive, detailed, and unbiased view of modern macroeconomic theory.

This book narrates the evolution of economic theory, presenting the most recent and modern developments, without glossing over the fundamental disagreements among macroeconomists on both theory and policy.

• Major theories are presented and compared.
• Important agreements and differences are discussed.
• Demonstrations of the controversies are presented, which center on well-defined theoretical differences.

Many of the post-1970 developments in macroeconomics have been the result of dissatisfaction with the Keynesian theory and the policy prescriptions that follow from it. In order for students to understand the evolution of macroeconomics, the author presents the history of Keynesian thought by: Providing an up-to-date summary of the Keynesian position, including research that has come to be called the new Keynesian economics. Offering a detailed analysis of challenges to the Keynesian position. Several new additions have been added which include topics on monetary policy and economic growth:

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Produktdetails

• Verlag: Pearson HigherEducation
• Seitenzahl: 432
• Altersempfehlung: ab 18 Jahre
• Erscheinungstermin: 6. November 2013
• Englisch
• ISBN-13: 9780273766001
• Artikelnr.: 41939319

Inhaltsangabe

* PART ONE: INTRODUCTION AND MEASUREMENT 
* Chapter 1: Introduction 
* Chapter 2: Measurement of Macroeconomic Variables
* PART TWO: CLASSICAL ECONOMICS AND THE KEYNESIAN REVOLUTION 
* Chapter 3: Classical Macroeconomics (I): Equilibrium Output and
Employment 
* Chapter 4: Classical Macroeconomics (II): Money, Prices, and
Interest 
* Chapter 5: The Keynesian System (I):The Role of Aggregate Demand 
* Chapter 6: The Keynesian System (II): Money, Interest, and Income 
* Chapter 7: The Keynesian System (III): Policy Effects in the IS—LM
Model 
* Chapter 8: The Keynesian System (IV): Aggregate Supply and Demand 
* PART THREE: MACROECONOMIC THEORY AFTER KEYNES 
* Chapter 9: The Monetarist Counterrevolution 
* Chapter 10: Output, Inflation, and Unemployment: Alternative Views 
* Chapter 11: New Classical Economics 
* Chapter 12: Real Business Cycles and New Keynesian Economics 
* Chapter 13: Macroeconomic Models :A Summary 
* PART FOUR: OPEN ECONOMY MACROECONOMICS 
* Chapter 14: Exchange Rates and the International Monetary System 
* Chapter 15: Monetary and Fiscal Policy in the Open Economy 
* PART FIVE: ECONOMIC POLICY 
* Chapter 16: Money, the Banking System, and Interest Rates 
* Chapter 17: Optimal Monetary Policy 
* Chapter 18: Fiscal Policy 
* PART SIX: ECONOMIC GROWTH 
* Chapter 19: Policies for Intermediate-Run Growth 
* Chapter 20: Long-Run Economic Growth: Origins of the Wealth of
Nations