Chad Jones’s Macroeconomics teaches students to think like modern macroeconomists, with strong and engaging growth coverage and a more intuitive approach to models. Praised by adopters for its clear explanations, flexible organisation, timely case studies, data and emphasis on problem solving, Macroeconomics gives students the practical tools they need to understand and analyse the macroeconomy. This innovative text makes macroeconomics less complicated without sacrificing rigour.
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Modern and practical macroeconomics explained by the expert on growth.
Part 1 — Preliminaries 1: Introduction to Macroeconomics 2: Measuring the Macroeconomy Part 2 — The Long Run 3: An Overview of Long-Run Economic Growth 4: A Model of Production 5: The Solow Growth Model 6: Growth and Ideas 7: The Labor Market, Wages, and Unemployment 8: Inflation Part 3 — The Short Run 9: An Introduction to the Short-Run  10: The Great Recession: A First Look 11: The IS Curve 12: Monetary Policy and the Phillips Curve 13: Stabilization Policy and the AS/AD Framework 14: The Great Recession and the Short-Run Model 15: DSGE Models: The Frontier of Business Cycle Research Part 4 — Applications and Microfoundations 16: Consumption 17: Investment 18: The Government and the Macroeconomy 19: International Trade 20: Exchange Rates and International Finance 21: Parting Thoughts
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A FLEXIBLE APPROACH THAT ENGAGES STUDENTS WITH THE STORY OF ECONOMIC GROWTH Jones introduces growth early and thoroughly to engage students with the possibilities and power of macroeconomics. He first gives a thorough and intuitive discussion of the production model and uses this to help students understand differences in GDP across countries. Then in Chapters 5 and 6, he combines the Solow model with complete, accessible coverage of the Romer model, helping students understand growth through innovation. Though Jones covers the long-run early in the text, the table of contents is designed to be flexible. Instructors can choose to teach topics in the order that works best for their students. EXPLAINS THE SHORT RUN WITH A NEWER AND MORE INTUITIVE MODEL— ISMP Jones uses the less complex but more modern ISMP short-run model that focuses on the Federal Reserve’s role in setting interest rates. Jones also always assumes an open economy to further simplify this approach. Since this model is easier to teach and understand than the more traditional ISLM approach, professors can move more quickly into teaching applications chapters of their choice. CURRENT AND RELEVANT, WITH EXAMPLES AND CASE MATERIAL DESIGNED TO REFLECT RECENT EVENTS Macroeconomics can be difficult because students can’t “see” it happening like they can with microeconomics. Jones uses current examples, data and cases to ground these ideas in long-term trends seen in current events. THE BEST TEXT FOR INSTRUCTORS TEACHING WITH AN INTERNATIONAL FOCUS Jones emphasises the world economy in three ways: early coverage of long-run growth, use of the open economy in the short run and two chapters at the end of the text on international trade and international finance.
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Produktdetaljer

ISBN
9780393417333
Publisert
2020-03-07
Utgave
5. utgave
Utgiver
Vendor
Ww Norton & Co
Vekt
1080 gr
Høyde
257 mm
Bredde
206 mm
Dybde
23 mm
Aldersnivå
U, 05
Språk
Product language
Engelsk
Format
Product format
Heftet
Antall sider
656

Forfatter

Biographical note

Charles I. Jones is The STANCO 25 Professor of Economics at Stanford Graduate School of Business and a research associate of the National Bureau of Economic Research. Professor Jones has been honored as a member of the American Academy of Arts and Sciences, a fellow of the Econometric Society, and a co-editor of Econometrica. He is currently the area coordinator for the economics group at Stanford GSB.