Macroeconomics: Theory and Policy (8th Edition)

Author: Fromen
Publisher:
Publish Date: 2005-11-01
Features: Discusses major issues in macroeconomics, recent performance of the U.S. economy, and measurement problems. The second part starts from classical economics and moves to Keynesian economics, comparing major macroeconomic models. The third part introduces the challenges faced by the Keynesian system and responses to these criticisms. The fourth part discusses open macroeconomics, including exchange rates, the international monetary system, and economic policies in open economies. The fifth part covers macroeconomic policies, including economic stability and macroeconomic policies to promote growth. The sixth part reviews the microeconomic foundations related to the models discussed in this book.