Macroeconomics

Rate this book Arrow Icon

Key Metrics

AuthorOlivier Blanchard
PublisherPearson
PublishedJun 13 2022
Book FormatHardcover
ISBN-139780133780581
Dimensions10.1 X 8 X 0.9 inches
Weight 2.45 pounds
BISAC
CategoriesBusiness & Economics > Economics - Macroeconomics
LanguageEnglish

List Price:

Save:

$0 ($%)

Format:

Hardcover

Shipping

Ships from:

Estimated Arrival:

Available Copies:

0 Copies

Ready To Buy:

Back Order

Secure Transaction

Sold By:

Readara.com

Add to My Wishlist

Book Description

In Macroeconomics, Blanchard presents a unified, global view of macroeconomics, enabling readers to see the connections between goods, financial markets, and labor markets worldwide. Organized into two parts, the text contains a core section that focuses on short-, medium-, and long-run markets and three major extensions that offer more in-depth coverage of the issues at hand. From the major economic crisis and monetary policy in the United States, to the problems of the Euro area and growth in China, the text helps readers make sense not only of current macroeconomic events but also of events that may unfold in the future. Integrated, detailed boxes in the Seventh Edition have been updated to convey the life of macroeconomics today; reinforce lessons from the models; and help readers employ and develop their analytical and evaluative skills.

KEY TOPICS: The Core; Introduction; A Tour of the World; A Tour of the Book; The Short Run;The Goods Market; Financial Markets I; Goods and Financial Markets; The IS-LM Model; Financial Markets II; The Medium Run;The Labor Market; The Phillips Curve, the Natural Rate of Unemployment, and Inflation; Putting All Markets Together: From the Short to the Medium Run; The Long Run; The Facts of Growth; Saving, Capital Accumulation, and Output; Technological Progress and Growth; Technological Progress: The Short, the Medium, and the Long Runs; Extensions; Expectations; Financial Markets and Expectations; Expectations, Consumption, and Investment; Expectations, Output, and Policy; The Open Economy; Openness in Goods and Financial Markets; The Goods Market in an Open Economy; Output, the Interest Rate, and the Exchange Rate; Exchange Rate Regimes; Back to Policy; Should Policy Makers Be Restrained?; Fiscal Policy: A Summing Up; Monetary Policy: A Summing Up; Epilogue: The Story of Macroeconomics

MARKET: For anyone interested in the macroeconomic picture of corporate businesses.

Author Bio

Olivier Blanchard is the C. Fred Bergsten Senior Fellow at the Peterson Institute for International Economics and the Robert M. Solow Professor of Economics emeritus at the Massachusetts Institute of Technology (MIT). A citizen of France, Blanchard has spent most of his professional life in the United States. After obtaining his PhD in economics from MIT in 1977, he taught at Harvard University and returned to MIT in 1982. He was chair of the economics department from 1998 to 2003. In 2008, he took a leave of absence to serve as economic counsellor and director of the research department at the International Monetary Fund where he stayed until 2015. He then joined the Peterson Institute.

Blanchard has worked on a wide set of macroeconomic issues, including the role of monetary and fiscal policy, speculative bubbles, the labor market and determinants of unemployment, economic transition in former communist countries, and the nature of the Global Financial Crisis. In the process, he has worked with numerous countries and international organizations.

Blanchard is the author of many books and articles, including two textbooks on macroeconomics, one at the graduate level with Stanley Fischer and the other at the undergraduate level. He is a past editor of the Quarterly Journal of Economics and the NBER Macroeconomics Annual and founding editor of American Economic Journal: Macroeconomics. He is a fellow and former Council member of the Econometric Society, a past president of the American Economic Association, and a member of the American Academy of Arts and Sciences.

Source: Peterson Institute for International Economics