Macroeconomic Theory and Policy (Eighth Edition)

Author: (USA) Robert J. Flanagan
Publisher:
Publish Date: 2005-11-01
Features: Partly discusses the main issues of macroeconomics, the 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 primarily 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 policy in open economies. The fifth part covers macroeconomic policy, including policies for economic stability and promoting growth. The sixth part reviews the microeconomic foundations related to the models discussed in this book.