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Macroeconomics / Oliver Blanchard.

By: Material type: TextTextPublication details: New Delhi : Pearson, 2007.Edition: 4th edDescription: xxiv, 587, [35] p. ; illustrationsISBN:
  • 9788131711385
Subject(s): DDC classification:
  • 339 23 B639
Contents:
Introduction: 1. A tour of the world -- 2. A tour of the book -- Part II: The short run -- 3. The goods market -- 4. Financial markets -- 5. Goods and financial markets : the IS-LM model -- The medium run: 6. The labor market -- 7. Putting all markets together : the AS-AD model -- 8. The natural rate of unemployment and the Phillips curve -- 9. Inflation, activity, and nominal money growth -- The long run: 10. The facts of growth -- 11. Saving, capital accumulation and output -- 12. Technological progress and growth -- 13. Technological progress, wages, and unemployment -- Expectations: 14. The basic tools -- 15. Financial markets and expectations -- 16. Expectations, consumption, and investment -- 17. Expectations, output, and policy -- The open economy: 18. Openness in goods and financial markets -- 19. The goods market in an open economy -- 20. Output, the interest rate, and the exchange rate -- 21. Exchange rate regimes -- Pathologies: 22. Depressions and slumps -- 23. High inflation -- Part VIII: Back to policy -- 24. Should policy makers be restrained? -- 25. Monetary policy : a summing up -- 26. Fiscal policy : a summing up -- Epilogue: 27. Epilogue : the story of macroeconomics -- Appendices.
Summary: For intermediate economics courses. Blanchard presents a unified and global view of macroeconomics, enabling students to see the connections between the short-run, medium-run, and long-run.
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Includes index.

Introduction:
1. A tour of the world --
2. A tour of the book --
Part II: The short run --
3. The goods market --
4. Financial markets --
5. Goods and financial markets : the IS-LM model --

The medium run:
6. The labor market --
7. Putting all markets together : the AS-AD model --
8. The natural rate of unemployment and the Phillips curve --
9. Inflation, activity, and nominal money growth --

The long run:
10. The facts of growth --
11. Saving, capital accumulation and output --
12. Technological progress and growth --
13. Technological progress, wages, and unemployment --

Expectations:
14. The basic tools --
15. Financial markets and expectations --
16. Expectations, consumption, and investment --
17. Expectations, output, and policy --

The open economy:
18. Openness in goods and financial markets --
19. The goods market in an open economy --
20. Output, the interest rate, and the exchange rate --
21. Exchange rate regimes --

Pathologies:
22. Depressions and slumps --
23. High inflation --
Part VIII: Back to policy --
24. Should policy makers be restrained? --
25. Monetary policy : a summing up --
26. Fiscal policy : a summing up --

Epilogue:
27. Epilogue : the story of macroeconomics --
Appendices.

For intermediate economics courses. Blanchard presents a unified and global view of macroeconomics, enabling students to see the connections between the short-run, medium-run, and long-run.

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