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Macroeconomic Analysis By David Cobham

Macroeconomic Analysis
by David Cobham

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A comprehensive macro theory text, this second edition of the book has been updated to take into account current developments in debates between New Classical and Keynesian economics.
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Macroeconomic Analysis Summary

Macroeconomic Analysis: An Intermediate Text by David Cobham

A new and long awaited edition of a popular intermediate macro theory text. The second edition retains the concise and clear exposition which provides a distinct alternative to mainstream macro texts. It has been thoroughly updated to take account of recent developments in macro theory.

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Table of Contents


PART 1. Introduction.

2. Consumption.
3. Investment.
4. The government and foreign trade sector.
5. The demand for money.
6. The supply of money.
7. The IS-LM model.
8. The labour market, Keynes and unemployment.
9. Inflation - Phillips curves.
10. Inflation - cost-push and a wider perspective.
11. The open economy under fixed exchange rates.
12. The open economy under flexible exchange rates.
13. The current state of macroeconomics


14. The government budget constraint.
15. Policy ineffectiveness with rational expectations.
16. Time inconsistency and rules versus discretion.
17. Deficits, debt and monetarist arithmetic.
18. Further work on the demand for money.
19. Further work on exchange rate.
20. New Classical and New Keynesian economics.

Additional information

Macroeconomic Analysis: An Intermediate Text by David Cobham
David Cobham
Used - Very Good
Pearson Education Limited
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in very good condition, but if you are not entirely satisfied please get in touch with us.