NOTE: Before purchasing, check with your instructor to ensure you select the correct ISBN. Several versions of the MyLab™and Mastering™ platforms exist for each title, and registrations are not transferable. To register for and use MyLab or Mastering, you may also need a Course ID, which your instructor will provide.   Used books, rentals, and purchases made outside of Pearson If purchasing or renting from companies other than Pearson, the access codes for the MyLab platform may not be included, may be incorrect, or may be previously redeemed. Check with the seller before completing your purchase.   For courses in intermediate macroeconomics. This ISBN is for the bound textbook, which students can rent through their bookstore.   A unified approach to economic theory Demonstrating a balanced treatment of both classical and Keynesian economics, Macroecomomics presents macroeconomic theory in a big-picture way. Comprehensive coverage makes it easy for instructors to align chapters to fit their own syllabi, and the text helps students analyze real macroeconomic data used by policy makers and researchers. This text takes a unified approach based on a single economics model that provides students with a clear understanding of macroeconomics and its classical and Keynesian assumptions. The 10th Edition features new applications, boxes, and problems throughout. It also reflects recent events and developments in the field, such as the recent crisis in the US and Europe and the many new tools used by the Federal Reserve in response.   This title is also available digitally as a standalone Pearson eText, or via MyLab Economics, which includes the Pearson eText. These options give students affordable access to learning materials, so they come to class ready to succeed.  
Les mer
PART 1: INTRODUCTION Introduction to MacroeconomicsThe Measurement and Structure of the National Economy PART 2: LONG-RUN ECONOMIC PERFORMANCE Productivity, Output, and EmploymentConsumption, Saving, and InvestmentSaving and Investment in the Open EconomyLong-Run Economic GrowthThe Asset Market, Money, and Prices PART 3: BUSINESS CYCLES AND MACROECONOMIC POLICY Business CyclesThe IS–LM/AD–AS Model: A General Framework for Macroeconomic AnalysisClassical Business Cycle Analysis: Market-Clearing MacroeconomicsKeynesianism: The Macroeconomics of Wage and Price Rigidity PART 4: MACROECONOMIC POLICY: ITS ENVIRONMENT AND INSTITUTIONS Unemployment and InflationExchange Rates, Business Cycles, and Macroeconomic Policy in the Open EconomyMonetary Policy and the Federal Reserve SystemGovernment Spending and Its Financing Appendix A: Some Useful Analytical Tools
Les mer
Hallmark features of this title A targeted approach A unified framework uses a single model, built from a set of core economic ideas (i.e., the production function, the trade-off between consuming today and saving for tomorrow, and supply/demand analysis), to introduce macro theories and concepts.A balanced presentation of both classical and Keynesian economics allows students to see the complete picture of economic theory, and allows flexibility for professors to teach the course their way. Learning tools to aid comprehension Key diagrams in each chapter help students identify the most critical ideas.Extensive end-of-chapter problem sets help reinforce learning.A series of full color graphs illustrate the historical movements of key economic variables.
Les mer
New and updated features of this title Real-world applications connect theory to practice New: Coverage of a broad spectrum of issues such as the determinants of long-run economic growth, trade balance and financial flows, and institutional framework of policy making, ensures students are up-to-date on macro practices and events.NEW and UPDATED: Applications show students how theory is used to understand real-world issues.UPDATED: Working with Economic Data empirical problems direct students to appropriate data in the Federal Reserve Bank of St. Louis' FRED™ database, so they can develop familiarity with a current data source that they'll continue to use after completing the course.UPDATED: In Touch with Data and Research boxes ask students to find and interpret macro data, like economists would in their careers.
Les mer

Produktdetaljer

ISBN
9780134896441
Publisert
2019-02-01
Utgave
10. utgave
Utgiver
Vendor
Pearson
Aldersnivå
U, 05
Språk
Product language
Engelsk
Format
Product format
Innbundet
Antall sider
688

Biographical note

About our authors

Andrew B. Abel, Ronald A. Rosenfeld Professor of Finance at The Wharton School and professor of economics at the University of Pennsylvania, received his AB summa cum laude from Princeton University and his PhD from the Massachusetts Institute of Technology.

He began his teaching career at the University of Chicago and Harvard University and has held visiting appointments at both Tel Aviv University and The Hebrew University of Journalism.

A prolific researcher, Abel has published extensively on fiscal policy, capital formation, monetary policy, as-set pricing, and Social Security, as well as serving on the editorial boards of numerous journals. He has been honored as an Alfred P. Sloan Fellow, a Fellow of the Econometric Society, and a recipient of the John Kenneth Galbraith Award for teaching excellence. Abel has served as a visiting scholar at the Federal Reserve Bank of Philadelphia, as a member of the Panel of Economic Advisers at the Congressional Budget Office, and as a member of the Technical Advisory Panel on Assumptions and Methods for the Social Security Advisory Board. He is also a Research Associate of the National Bureau of Economic Research and a member of the Advisory Board of the Carnegie-Rochester, NYU Conference Series.

Ben S. Bernanke is currently Distinguished Fellow in Residence with the Economic Studies Program at the Brookings Institution. From February 2006 to January 2014, he was Chairman of the Board of Governors of the Federal Reserve System. Before that, he served as Chair of the President's Council of Economic Advisors from June 2005 to January 2006 and was a Governor of the Federal Reserve System from August 2002 to June 2005. Prior to his work in public service, he was the Howard Harrison and Gabrielle Snyder Beck Professor of Economics and Public Affairs at Princeton University. He received his BA in economics from Harvard University summa cum laude, capturing both the Allyn Young Prize for best Harvard undergraduate economics thesis and the John H. Williams prize for outstanding senior in the Economics Department. Like coauthor Abel, he holds a PhD from the Massachusetts Institute of Technology.

Bernanke began his career at the Stanford Graduate School of Business in 1979. In 1985 he moved to Princeton University, where he served as chair of the Economics Department from 1995 to 2002. He has twice been visiting professor at MIT and once at New York University, and has taught in undergraduate, MBA, MPA, and PhD programs. He has authored more than 60 publications in macroeconomics, macroeconomic history, and finance.

Bernanke has served as a visiting scholar and advisor to the Federal Reserve System. He is a Guggenheim Fellow and a Fellow of the Econometric Society. He has also been variously honored as an Alfred P. Sloan Research Fellow, a Hoover Institution National Fellow, a National Science Foundation Graduate Fellow, and a Research Associate of the National Bureau of Economic Research. He has served as editor of the American Economic Review.

Dean Croushore is professor of economics and Rigsby Fellow at the University of Richmond. He received his AB from Ohio University and his PhD from Ohio State University.

Croushore began his career at Pennsylvania State University in 1984. After teaching for 5 years, he moved to the Federal Reserve Bank of Philadelphia, where he was vice president and economist. His duties during his 14 years at the Philadelphia Fed included heading the macroeconomics section, briefing the bank's president and board of directors on the state of the economy and advising them about formulating monetary policy, writing articles about the economy, administering 2 national surveys of forecasters, and researching current issues in monetary policy. In his role at the Fed, he created the Survey of Professional Forecasters (taking over the defunct ASA/NBER survey and revitalizing it) and developed the Real-Time Data Set for Macroeconomists.

Croushore returned to academia at the University of Richmond in 2003. The focus of his research in recent years has been on forecasting and how data revisions affect monetary policy, forecasting, and macroeconomic research. Croushore's publications include articles in many leading economics journals and a textbook on money and banking. He is a visiting scholar at the Federal Reserve Bank of Philadelphia and an adjunct associate professor in the business school at Columbia University.