9780132078290

Blanchard (who is the Economic Counselor and Director of Research at the International Monetary Fund "IMF") presents a unified and global view of macroeconomics, enabling students to see the connections between the short-run, medium-run, and long-run. Technological problems and growth, financial markets and expectations, the goods market in an open economy, monetary policy, and fiscal policy. For business professionals seeking to understand the macroeconomic picture of corporate businesses.

Introduction
A Tour of the World
A Tour of the Book
The Core
The Short Run
The Goods Market
Financial Markets
Goods and Financial Markets: The IS-LM Model
The Medium Run
The Labor Market
Putting All Markets Together
The AS-AD Model
The Natural Rate of Unemployment and The Phillips Curve
Inflation, Activity, and Nominal Money Growth
The Long Run
The Facts of Growth
Saving, Capital Accumulation, and Output
Technological Progress and Growth
Technological Progress
The Short, the Medium, and the Long Run
Extensions
Expectations
Expectations: The Basic Tools
Financial Markets and Expectations
Expectations, Consumption, and Investment
Expectations, Output, and Policy
The Open Economy
Openness in Goods and Financial Markets
The Goods Market in an Open Economy
Output, the Interest Rate, and the Exchange Rate
Exchange Rate Regimes
Pathologies
Depressions and Slumps
High Inflation
Back to Policy
Should Policy Makers Be Restrained?
Monetary Policy: A Summing Up
Fiscal Policy: A Summing Up
Epilogue
Epilogue: The Story of Macroeconomics
An Introduction to National Income and Product Accounts
A Math Refresher
An Introduction to Econometrics
Glossary
Index
Table of Contents provided by Publisher. All Rights Reserved.

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Macroeconomics

Macroeconomics

0132078295

Summary

Table of Contents

Supplemental Materials