Macroeconomics

This book provides readers with an integrated view of macroeconomics, and enables them to make close contact with current macroeconomic events. Theoretical material is always presented within the context of a real world application in three ways: in words, in graphs, and with algebra. Chapter topics...

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Bibliographic Details
Main Author: Blanchard, Olivier
Format: Book
Language:Undetermined
Published: Upper Saddle River, N.J Prentice Hall 2003
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Institutions: Trung tâm Học liệu Trường Đại học Cần Thơ
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Summary:This book provides readers with an integrated view of macroeconomics, and enables them to make close contact with current macroeconomic events. Theoretical material is always presented within the context of a real world application in three ways: in words, in graphs, and with algebra. Chapter topics include the goods market; financial markets; the labor market; the natural rate of unemployment and The Phillips Curve; inflation, activity, and money growth; saving, capital accumulation, and output; technological progress and growth; technological progress, wages, and unemployment; expectations, consumption, and investment; expectations, output, and policy; output, the interest rate, and the exchange rate; exchange rate regimes; slumps and depressions; high inflation; and a summing up of monetary and fiscal policies