Macroeconomics, second edition An Integrated Approach
by Auerbach, Alan J.; Kotlikoff, Laurence J.Edition: 2nd
Format: Paperback
Pub. Date: 1998-07-31
Publisher(s): The MIT Press
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Summary
Written in a clear, accessible style, this shortened and simplified second edition provides a systematic way to interpret macroeconomic outcomes, to understand various policy proposals, and to appreciate how individuals and firms fit into the big picture.
Author Biography
Laurence J. Kotlikoff, one of the nation's leading experts on fiscal policy, national saving, and personal finance and a columnist for Bloomberg, is Professor of Economics at Boston University. His writings and views appear in Forbes, the Economist, the Financial Times, the Wall Street Journal, the New York Times, and other leading media outlets.
Table of Contents
| List of Figures | |
| List of Tables | |
| Prologue: The Questions of Macroeconomics | |
| From Micro to Macro: Modeling Income Determination and Growth | p. 1 |
| Output, Inputs, and Growth | p. 3 |
| The Dynamic Supply of Inputs | p. 29 |
| The Dynamic Demand for Inputs and the Evolution of Output | p. 53 |
| Economic Fluctuations | p. 85 |
| The Measurement of Output and Prices | p. 111 |
| Fiscal and Monetary Policy | p. 139 |
| Fiscal Policy, Saving, and Growth | p. 141 |
| Money and Prices in the Closed Economy | p. 169 |
| Economic Fluctuations | p. 199 |
| The Keynesian Model of Price and Wage Rigidity | p. 201 |
| Understanding Recessions | p. 229 |
| The Nature and Costs of Unemployment | p. 265 |
| Countercyclical Policy | p. 295 |
| The International Economy | p. 321 |
| Saving and Growth in the International Economy | p. 323 |
| Money, Exchange Rates, and Policy in the Open Economy | p. 347 |
| Enriching the Model | p. 377 |
| The Banking System, the Federal Reserve, and the Money Supply | p. 379 |
| Saving Behavior and Credit Markets | p. 411 |
| Financial Markets and the Investment Decision | p. 433 |
| Index | p. 457 |
| Table of Contents provided by Blackwell. All Rights Reserved. |
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