Macroeconomics

Author: Olivier Blanchard
Publisher:
Publish Date: 2003-01-01
Features: This book revolves around the three major markets of macroeconomics (i.e., the product market, financial market, and labor market), elaborating on the two models and analytical tools of macroeconomics: the IS-LM and AS-AD models. It also covers the expectations theory and open economy theory in macroeconomics, and analyzes abnormal macroeconomic phenomena such as high unemployment, high inflation, transition economies, and the East Asian crisis.