Macroeconomicstraces the history, evolution, and challenges of Keynesian economics, presenting a comprehensive, detailed, and unbiased view of modern macroeconomic theory. For courses in Intermediate Macroeconomics.
PART ONE: INTRODUCTION AND MEASUREMENT Chapter 1: Introduction Chapter 2: Measurement of Macroeconomic Variables 13 PART TWO: CLASSICAL ECONOMICS AND THE KEYNESIAN REVOLUTION Chapter 3: Classical Macroeconomics (I): Equilibrium Output and Employment Chapter 4: Classical Macroeconomics (II): Money, Prices, and Interest Chapter 5: The Keynesian System (I):The Role of Aggregate Demand Chapter 6: The Keynesian System (II): Money, Interest, and Income Chapter 7: The Keynesian System (III): Policy Effects in the IS-LM Model Chapter 8: The Keynesian System (IV): Aggregate Supply and Demand PART THREE: MACROECONOMIC THEORY AFTER KEYNES Chapter 9: The Monetarist Counterrevolution Chapter 10: Output, Inflation, and Unemployment: Alternative Views Chapter 11: New Classical Economics Chapter 12: Real Business Cycles and New Keynesian Economics Chapter 13: Macroeconomic Models :A Summary PART FOUR: OPEN ECONOMY MACROECONOMICS Chapter 14: Exchange Rates and the International Monetary System Chapter 15: Monetary and Fiscal Policy in the Open Economy PART FIVE: ECONOMIC POLICY Chapter 16: Money, the Banking System, and Interest Rates Chapter 17: Optimal Monetary Policy Chapter 18: Fiscal Policy PART SIX: ECONOMIC GROWTH Chapter 19: Policies for Intermediate-Run Growth Chapter 20: Long-Run Economic Growth: Origins of the Wealth of Nations