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.
Olivier Blanchard is one of Prentice Hall's most notable economics authors. After graduating with his Ph.D. in economics from MIT, he taught at Harvard and MIT as a Professor of Economics. Blanchard has researched many macroeconomic issues, from the effects of fiscal policy, to the role of expectations, to price rigidities, and more recently, on labor market institutions. He has work for many governments, international organizations, and he has written over 150 articles and 15 books.
In addition, Professor Blanchard is a research associate of the National Bureau of Economic Research, a fellow and a council member of the Econometric Society, a member of the American Academy of Arts and Sciences, and a past vice president of the American Economic Association.
Chapter 1. A Tour of the World
Chapter 2. A Tour of the Book
THE SHORT RUN
Chapter 3. The Goods Market
Chapter 4. Financial Markets
Chapter 5. Goods and Financial Markets: The IS-LM Model
THE MEDIUM RUN
Chapter 6. The Labor Market
Chapter 7. Putting All Markets Together. The AS-AD Model.
Chapter 8. The Natural Rate of Unemployment and The Phillips Curve
Chapter 9. Inflation, Activity, and Nominal Money Growth
THE LONG RUN
Chapter 10. The Facts of Growth
Chapter 11. Saving, Capital Accumulation, and Output
Chapter 12. Technological Progress and Growth
Chapter 13. Technological Progress. The Short, the Medium, and the Long Run.
Chapter 14. Expectations: The Basic Tools
Chapter 15. Financial Markets and Expectations
Chapter 16. Expectations, Consumption, and Investment
Chapter 17. Expectations, Output, and Policy
THE OPEN ECONOMY
Chapter 18. Openness in Goods and Financial Markets
Chapter 19. The Goods Market in an Open Economy
Chapter 20. Output, the Interest Rate, and the Exchange Rate
Chapter 21. Exchange Rate Regimes
Chapter 22. Depressions and Slumps
Chapter 23. High Inflation
BACK TO POLICY
Chapter 24. Should Policy Makers Be Restrained?
Chapter 25. Monetary Policy: A Summing Up
Chapter 26. Fiscal Policy: A Summing Up
Chapter 27. Epilogue: The Story of Macroeconomics
Appendix 1. An Introduction to National Income and Product Accounts
Appendix 2. A Math Refresher
Appendix 3. An Introduction to Econometrics