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Macroeconomics

ISBN: 9780321416582 | 0321416589
Edition: 3rd
Format: Hardcover
Publisher: Addison Wesley
Pub. Date: 1/1/2008

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Williamsonrs"sMacroeconomicsuses a thoroughly modern approach that is consistent with the way that macroeconomic research is conducted today. Introduction and Measurement Issues:Introduction; Measurement: National Income Accounting, Prices, Saving, and Labor Markets; Business Cycle Measurement.A One-Period Model of the Macroeconomy:Consumer and Firm Behavior: The Work-Leisure Decision and Profit Maximization; A Closed-Economy One-Period Macroeconomic Model.Economic Growth:Economic Growth: Malthus and Solow; Income Disparity Among Countries and Endogenous Growth.Savings, Investment, and Government Deficits:A Two-Period Model: The Consumption Savings Decision and Credit Markets; A Real Intemporal Model with Investment.Money and Business Cycles:A Monetary Intertemporal Model: Money, Prices, and Monetary Policy; Market-Clearing Models of the Business Cycle; Keynesian Business Cycle Theory: Sticky Wages and Prices.International Macroeconomics:International Trade in Goods and Assets; Money in the Open Economy.Topics in Macroeconomics:Money, Inflation, and Banking; Unemployment: Search and Efficiency Wages; Inflation, the Phillips Curve, and Central Bank Commitment. Mathematical Appendix. For all readers interested in macroeconomics.

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