This text provides a comprehensive analysis of contemporary macroeconomics, within a European and global context. The authors balance the theoretical aspects with up-to-date policy examples throughout, allowing the reader to relate the concepts to their own economic environment.
Inhaltsverzeichnis
- Part I: Introduction to Macroeconomics
- 1: What is macroeconomics?
- 2: Macroeconomic accounts
- Part II: The Macroeconomy in the Long Run
- 3: The fundamentals of economic growth
- 4: Labour markets and unemployment
- 5: Money, prices, and exchange rates in the long run
- Part III: The Macroeconomy in the Short Run: the Building Blocks
- 6: Borrowing, lending, and budget constraints
- 7: Asset markets
- 8: Private sector demand: consumption and investment
- 9: Money and the demand for money
- 10: The supply of money and monetary policy
- Part IV: Macroeconomic Equilibrium
- 11: Macroeconomic equilibrium in the short run
- 12: International capital flows and macroeconomic equilibrium
- 13: Output, employment, and inflation
- 14: Aggregate demand and aggregate supply
- 15: The exchange rate
- Part V: Macroeconomic Policy in a Global Economy
- 16: Demand management policies
- 17: Fiscal policy, debt, and seigniorage
- 18: Policies for the long run
- 19: The architecture of the international monetary system
- 20: Epilogue
