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Macroeconomics By Stephen D. Williamson

Macroeconomics

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For undergraduate courses in macroeconomics and microeconomics, the author builds a balanced study of macroeconomics upon a firm foundation of microeconomic principles. This approach allows deeper insights into growth processes and business cycles, better integrates the study of macroeconomics with microeconomics, and more.
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Macroeconomics Summary


Macroeconomics: International Edition by Stephen D. Williamson

Williamson builds a balanced study of macroeconomics upon a firm foundation of microeconomic principles. This approach allows deeper insights into growth processes and business cycles, better integrates the study of macroeconomics with microeconomics, and maintains consistency with current methods of macroeconomic research. The combined result is a better preparation for other courses.

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Table of Contents


I. INTRODUCTION AND MEASUREMENT ISSUES.

1. Introduction.
2. Measurement.
3. Business Cycle Measurement.

II. A ONE-PERIOD MODEL OF THE MACROECONOMY.

4. Consumer and Firm Behavior: The Work-Leisure Decision and Profit Maximization.
5. A Closed-Economy One-Period Macroeconomic Model.

III. ECONOMIC GROWTH.

6. Economic Growth: Malthus and Solow.
7. Income Disparity Among Countries and Endogenous Growth.

IV. SAVINGS, GOVERNMENT DEFICITS, AND INVESTMENT.

8. A Two-Period Model: The Consumption Savings Decision and Ricardian Equivalence.
9. A Real Intemporal Model with Investment.

V. MONEY AND BUSINESS CYCLES.

10. A Monetary Intertemporal Model: The Neutrality of Money, Long-Run Inflation, and Money Demand.
11. Market-Clearing Models of the Business Cycle.
12. Keynesian Business Cycle Theory: The Sticky Wage Model.

VI. INTERNATIONAL ECONOMICS.

13. International Trade in Goods and Assets.
14. Money in the Open Economy.

VII. MONEY, BANKING, UNEMPLOYMENT, AND INFLATION.

15. Money, Inflation, and Banking.
16. Unemployment: Search and Efficiency Wages.
17. Inflation, the Phillips Curve, and Central Bank Commitment.

Mathematical Appendix.

Additional information

GOR001611622
Macroeconomics: International Edition by Stephen D. Williamson
Stephen D. Williamson
Used - Very Good
Hardback
Pearson Education (US)
2004-04-22
704
0321248562
9780321248565
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
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