| Description |
xix, 688 pages : illustrations, graphs, frontispiece portraits ; 26 cm |
| Contents |
1: A tour of the world -- 2: A tour of the book -- 3: The goods market -- 4: Financial markets -- 5: Goods and financial markets: the IS?LM Model -- 6: The labour market -- 7: Putting all markets together: the AS?AD Model -- 8: The natural rate of unemployment and the Phillips Curve -- 9: Inflation and economic activity -- 10: The facts of growth -- 11: Saving, capital accumulation and output -- 12: Technological progress and growth -- 13: Technological progress, wages and unemployment -- 14: Expectations: the basic tools -- 15: Financial markets and expectations -- 16: Expectations, consumption and investment -- 17: Expectations, output and policy -- 18: Openness in goods and financial markets -- 19: The goods market in an open economy -- 20: Output, the interest rate and the exchange rate -- 21: Exchange rate regimes -- 22: The macroeconomics of financial market crises -- 23: Depressions and slumps -- 24: High inflation -- 25: Should policy makers be restrained? -- 26: Monetary policy: a summing up -- 27: Fiscal policy: a summing up -- 28: Epilogue: the story of macroeconomics |
| Summary |
"When studying macroeconomics it is vital for students to be able to relate the principles and theories they learn to what is actually happening in their local economy. Macroeconomics: Australasian edition, 3e continues to provide an integrated view of macroeconomics and to make close contact with current macroeconomic events. A comprehensive and fully integrated text, this book retains the underlying balance and integrity of the US version whilst adding significant local and regional content. The book?s inclusion of an analysis of monetary policy, conducted using the short-term interest rate as the instrument of policy, helps to build students? understanding and better reflects the realities of the Australian economy. The comprehensive macroeconomic ideas and theories of the text have been applied to Australasian issues to make it the only intermediate macroeconomics book that has a truly Australasian focus. The addition of a new chapter on the macroeconomics of financial crises brings it right up to date."--Publisher website |
| Notes |
Previous ed.: c2007 |
| Bibliography |
Includes bibliographic refrences and index |
| Subject |
Macroeconomics.
|
|
Consumption (Economics) -- Australasia.
|
|
Macroeconomics -- Textbooks.
|
|
Economics -- Australasia.
|
| Genre/Form |
Textbooks.
|
|
Textbooks.
|
| Author |
Sheen, Jeffrey R
|
| ISBN |
9781442509955 paperback |
|
