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Macroeconomics / Edition 9
by N. Gregory Mankiw


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Macroeconomics / Edition 9
ISBN-10:
1464182892
ISBN-13:
9781464182891
Pub. Date:
05/22/2015
Publisher:
Worth Publishers
(Ninth Edition)

Table of Contents
Contents

Prelude: Celebrating the 10th Edition

Preface
Part I Introduction
Chapter 1 The Science of Macroeconomics
Chapter 2 The Data of Macroeconomics

Part II Classical Theory: The Economy in the Long Run
Chapter 3 National Income: Where it Comes From and Where It Goes
Chapter 4 The Monetary System: What It Is and How It Works
Chapter 5 Inflation: Its Causes, Effects, and Social Costs
Chapter 6 The Open Economy
Chapter 7 Unemployment and the Labor Market

Part III Growth Theory: The Economy in the Very Long Run
Chapter 8 Economic Growth I: Capital Accumulation and Population Growth
Chapter 9 Economic Growth II:?Technology, Empirics, and Policy

Part IV Business Cycle Theory: The Economy in the Short Run
Chapter 10 Introduction to Economic Fluctuations
Chapter 11 Aggregate Demand I: Building the IS–LM Model
Chapter 12 Aggregate Demand II: Applying the?IS–LM?Model
Chapter 13 The Open Economy Revisited: The Mundell–Fleming Model and the Exchange-Rate Regime
Chapter 14 Aggregate Supply and the Short-Run?Tradeoff Between Inflation and Unemployment

Part V Topics in Macroeconomic Theory and Policy
Chapter 15 A Dynamic Model of Economic Fluctuations
Chapter 16 Alternative Perspectives on Stabilization Policy
Chapter 17 Government Debt and Budget Deficits
Chapter 18 The Financial System: Opportunities and Dangers
Chapter 19 The Microfoundations of Consumption and Investment
Epilogue What We Know, What We Don’t

The Four Most Important Lessons of Macroeconomics
Lesson 1: In the long run, a country’s capacity to produce goods and services determines the standard of living of its citizens.
Lesson 2: In the short run, aggregate demand influences the amount of goods and services that a country produces.
Lesson 3: In the long run, the rate of money growth determines the rate of inflation, but it does not affect the rate of unemployment.
Lesson 4: In the short run, policymakers who control monetary and fiscal policy face a tradeoff between inflation and unemployment.

The Four Most Important Unresolved Questions of Macroeconomics
Question 1: How should policymakers try to promote growth in the economy’s natural level of output?
Question 2: Should policymakers try to stabilize the economy? If so, how?
Question 3: How costly is inflation, and how costly is reducing inflation?
Question 4: How big a problem are government budget deficits?
Conclusion
Glossary
Index

Macroeconomics / Edition 9

ISBN-10:
1464182892
ISBN-13:
9781464182891
Pub. Date:
05/22/2015
Publisher:
Worth Publishers

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Table of Contents
Contents

Prelude: Celebrating the 10th Edition

Preface

Part I Introduction

Chapter 1 The Science of Macroeconomics

Chapter 2

The Data of Macroeconomics

Part II Classical Theory: The Economy in the Long Run

Chapter 3 National Income: Where it Comes From and Where It Goes

Chapter 4 The Monetary System: What It Is and How It Works

Chapter 5 Inflation: Its Causes, Effects, and Social Costs


Chapter 6 The Open Economy


Chapter 7 Unemployment and the Labor Market


Part III Growth Theory: The Economy in the Very Long Run

Chapter 8 Economic Growth I: Capital Accumulation and Population Growth

Chapter 9 Economic Growth II:?Technology, Empirics, and Policy

Part IV Business Cycle Theory: The Economy in the Short Run

Chapter 10 Introduction to Economic Fluctuations



Chapter 11 Aggregate Demand I: Building the IS–LM Model



Chapter 12 Aggregate Demand II: Applying the?IS–LM?Model


Chapter 13 The Open Economy Revisited: The Mundell–Fleming Model and the Exchange-Rate Regime



Chapter 14 Aggregate Supply and the Short-Run?Tradeoff Between Inflation and Unemployment

Part V Topics in Macroeconomic Theory and Policy

Chapter 15 A Dynamic Model of Economic Fluctuations


Chapter 16 Alternative Perspectives on Stabilization Policy


Chapter 17 Government Debt and Budget Deficits


Chapter 18 The Financial System: Opportunities and Dangers

Chapter 19 The Microfoundations of Consumption and Investment

Epilogue What We Know, What We Don’t

The Four Most Important Lessons of Macroeconomics

Lesson 1: In the long run, a country’s capacity to produce goods and services determines the standard of living of its citizens.

Lesson 2: In the short run, aggregate demand influences the amount of goods and services that a country produces.

Lesson 3: In the long run, the rate of money growth determines the rate of inflation, but it does not affect the rate of unemployment.

Lesson 4: In the short run, policymakers who control monetary and fiscal policy face a tradeoff between inflation and unemployment.

The Four Most Important Unresolved Questions of Macroeconomics

Question 1: How should policymakers try to promote growth in the economy’s natural level of output?

Question 2: Should policymakers try to stabilize the economy? If so, how?

Question 3: How costly is inflation, and how costly is reducing inflation?

Question 4: How big a problem are government budget deficits?

Conclusion

Glossary

Index