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020 _a9789332518247
082 _a339
_bABE
100 _aAbel, Andrew B.
_95384
245 _aMacroeconomics
250 _a8th
260 _bPearson India Education Services Pvt. Ltd.
_aNew Delhi
_c2020
300 _a619 p.
365 _aINR
_b779.00
504 _aTable of Content I. INTRODUCTION 1. Introduction to Macroeconomics II. LONG-RUN ECONOMIC PERFORMANCE 2. Productivity, Output, and Employment 3. Consumption, Saving, and Investment 4. Saving and Investment in the Open Economy 5. Long-Run Economic Growth 6. The Asset Market, Money, and Prices III. BUSINESS CYCLES AND MACROECONOMIC POLICY 7. Business Cycles 8. The IS-LM/AD-AS Model: A General Framework for Macroeconomic Analysis 9. Classical Business Cycle Analysis: Market-Clearing Macroeconomics 10. Keynesianism: The Macroeconomics of Wage and Price Rigidity IV. MACROECONOMIC POLICY: ITS ENVIRONMENT AND INSTITUTIONS 11. Unemployment and Inflation 12. Exchange Rates, Business Cycles, and Macroeconomic Policy in the Open Economy 13. Monetary Policy and the Federal Reserve System 14. Government Spending and Its Financing Appendix A: Some Useful Analytical Tools Glossary Name Index Subject Index
520 _aAbel, Bernanke, and Croushore present macroeconomic theory in a way that prepares students to analyze real macroeconomic data used by policy makers and researchers. With a balanced treatment of both classical and Keynesian economics, the comprehensive coverage makes it easy for instructors to align chapters to fit their own syllabi. Students in this course often struggle to see how the macroeconomic models compare to one another, and fit into the big picture. This text uses a unified approach based on a single economics model that provides students with a clear understanding of macroeconomics and its classical and Keynesian assumptions. The main objective of the eighth edition is to keep the book fresh and up-to-date, especially in light of the recent crises in the United States and Europe and many new tools used by the Federal Reserve in response to the crisis. To reflect recent events and developments in the field, revisions have been made throughout the text, and additional new applications, boxes, and problems are included.
650 _aMacroeconomics
_91161
650 _aEconomic history
_91697
700 _aCroushore, Dean
_96116
700 _aBernanke, Ben S.
_96117
942 _2ddc
_cBK