Macroeconomics:
Saved in:
| Main Authors: | , |
|---|---|
| Format: | Book |
| Language: | English |
| Published: |
Andover
Cengage Learning
2014
|
| Edition: | 3. ed. |
| Subjects: | |
| Online Access: | Inhaltsverzeichnis |
| Physical Description: | IX, 451 S. Ill., graph. Darst. |
| ISBN: | 1408081970 9781408081976 |
Staff View
MARC
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| 245 | 1 | 0 | |a Macroeconomics |c N. Gregory Mankiw ; Mark P. Taylor |
| 250 | |a 3. ed. | ||
| 264 | 1 | |a Andover |b Cengage Learning |c 2014 | |
| 300 | |a IX, 451 S. |b Ill., graph. Darst. | ||
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Record in the Search Index
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| adam_text | CONTENTS
About the authors
vii
Preface
viii
Acknowledgements
ix
PART3
THE DATA OF
MACROECONOMICS
PARTI
INTRODUCTION TO ECONOMICS
1
Ten principles of economics
ι
What is economics?
1
How people make decisions
2
How people interact
6
How the economy as a whole works
8
Conclusion
12
17
Introduction
17
The economist as scientist
17
The economist as policy advisor
23
Why economists disagree
24
Let s get going
28
Appendix
Graphing and the tools of economics: A brief
review
30
Measuring a nation s income
73
The economy s income and expenditure
74
The measurement of gross domestic
product
75
The components of GDP
77
Real versus nominal GDP
81
GDP and economic well-being
85
Conclusion
88
Measuring the cost of living
92
The consumer prices index
92
Correcting economic variables for the effects
of inflation
101
Conclusion
104
PART
4
THE REAL ECONOMY IN THE
LONG RUN
PART
2
SUPPLY AND DEMAND:
HOW MARKETS WORK
3
The market
forées
of supply
and demand
41
Markets and competition
41
Demand
43
Supply
50
Supply and demand together
56
Conclusion: How prices allocate resources
67
Production and growth
109
Economic growth around the world
110
Growth theory
112
Productivity: Its role and determinants
113
Economic growth and public policy
118
Conclusion: The importance of long-run
growth
129
Unemployment
133
Identifying unemployment
133
Job search
140
Minimum wage laws
142
Unions and collective bargaining
144
The theory of efficiency wages
146
The cost of unemployment
147
Conclusion
150
iv
CONTENTS v
PART
5
INTEREST RATES, MONEY AND
PRICES IN THE LONG RUN
8
Saving, investment and the financial
System
155
Financial institutions in the economy
156
Saving and investment in the national income
accounts
163
The market for loanable funds
166
Conclusion
171
9
The basic tools of finance
175
Present value: Measuring the time value
of money
175
Managing risk
177
Asset valuation
184
Conclusion
190
10
The monetary system
194
The meaning of money
195
The role of central banks
201
The European Central Bank and the
Eurosystem 202
The Bank of England
203
Banks and the money supply
204
Conclusion
215
11
Money growth and inflation
219
The classical theory of inflation
220
The costs of inflation
230
Conclusion
235
PART
6
THE ¡MACROECONOMICS OF OPEN
ECONOMES
12
Pfhsš
9
Л
i
l¿©
¿.-τ
і
The international fiows of goods and capital
242
The prices for ¡nternaiionai transactions: Real
and
nominar
exchange rates
245
A first theory of exchange rate determination:
Purchasing power
panty
248
Conclusion
254
13
A macroeconomic theory of the open
economy
258
Supply and demand for loanable funds and for
foreign currency exchange
258
Equilibrium in the open economy
261
How policies and events affect an open
economy
264
Conclusion
270
PART
7
SHORT-RUN ECONOMIC
FLUCTUATIONS
14
Business cycles
273
Trend growth rates
274
Causes of changes in the business cycle
281
Business cycle models
282
Conclusion
286
15
Koynesian economics and IS-LM
analysis
291
The Keynesian cross
291
The multiplier effect
295
The IS and LM curves
301
General equilibrium using the IS-LM model
303
From IS-LM to aggregate demand
305
Conclusion
311
16
Aggregate demand and aggregate
Supply
315
Three key facts about economic fluctuations
315
Explaining short-run economic fluctuations
316
The aggregate demand curve
318
The aggregate supply curve
322
Two causes of economic fluctuations
327
New Keynesian economics
333
Conclusion
334
17
Tlie
influence of monetary and
fissai
peiicf
©я
aggregate
deunend
ззѕ
How monetary policy influences aggregate
demand
338
How
fisca!
policy influences aggregate
demand
345
Using policy to stabilize the economy
349
Conclusion
352
vi
CONTENTS
18
The short-run trade-off between inflation
21
The financial crisis and sovereign
and unemployment
357
debt
418
The Phillips curve
357
Bubbles and speculation
418
Shifts in the Phillips curve: The role of The sovereign debt crisis
429
expectations
360
Austerity policies
-
too far too quickly?
433
The Song-run vertical Phillips curve as an
argument for Central Bank independence
366 „,
o.
.Ł
. .,
г,,.,,.
., .
,
.
Glossary
441
Shifts in the Phillips curve: the role of supply
, ,
, ,
^
пвл
Index
446
shocks
368
The cost of reducing inflation
370
Uedits
450
Inflation targeting
375
Conclusion
376
19
Supply-side policies
зві
Shifts in the aggregate supply curve
381
Types of supply-side policies
385
Conclusion
392
PART
8
І11
ι
lil
u
vJ
20
m
HSšBSlfiíf
lillii! 395
The euro
396
The single European
market
and the euro
396
The benefits and costs of a common
currency
398
The theory of optimum currency areas
401
Is Europe an optimum currency area?
404
Fiscal policy and common currency areas
408
Conclusion
413
|
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| author_variant | n g m ng ngm m p t mp mpt |
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| bvnumber | BV042050041 |
| classification_rvk | QC 300 |
| ctrlnum | (OCoLC)891918195 (DE-599)GBV781111722 |
| discipline | Wirtschaftswissenschaften |
| edition | 3. ed. |
| format | Book |
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| indexdate | 2025-02-20T06:43:05Z |
| institution | BVB |
| isbn | 1408081970 9781408081976 |
| language | English |
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| physical | IX, 451 S. Ill., graph. Darst. |
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| publisher | Cengage Learning |
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| spellingShingle | Mankiw, Nicholas Gregory 1958- Taylor, Mark P. 1958- Macroeconomics Neue Makroökonomie (DE-588)4120793-2 gnd Makroökonomie (DE-588)4037174-8 gnd Neokeynesianismus (DE-588)4138182-8 gnd |
| subject_GND | (DE-588)4120793-2 (DE-588)4037174-8 (DE-588)4138182-8 (DE-588)4123623-3 |
| title | Macroeconomics |
| title_auth | Macroeconomics |
| title_exact_search | Macroeconomics |
| title_full | Macroeconomics N. Gregory Mankiw ; Mark P. Taylor |
| title_fullStr | Macroeconomics N. Gregory Mankiw ; Mark P. Taylor |
| title_full_unstemmed | Macroeconomics N. Gregory Mankiw ; Mark P. Taylor |
| title_short | Macroeconomics |
| title_sort | macroeconomics |
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| topic_facet | Neue Makroökonomie Makroökonomie Neokeynesianismus Lehrbuch |
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Indexes
THWS Würzburg Zentralbibliothek Lesesaal
| Call Number: |
1000 QC 300 M278 M1(3) |
|---|---|
| Copy 1 | ausleihbar Available Place a Hold |