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Macroeconomics, Global Edition (ISBN: 9781292019598)

Macroeconomics, Global Edition (ISBN: 9781292019598)
Macroeconomics, Global Edition (ISBN: 9781292019598)

Macroeconomics: Policy and Practice, Second Edition draws on the rich tapestry of recent economic events to help students understand the policy issues debated by the media and the public at large during these trying times. Building on his expertise in macroeconomic policy making at the Federal Reserve, author Frederic S. Mishkin provides detailed, step-by-step explanations of all models and highlights the techniques used by policy makers in practice. The Second Edition incorporates a wealth of new and updated content, as well as new tools and resources in MyEconLab that bring course material to life.


This text provides a better teaching and learning experience–for you and your students. It will help you to:

Personalize learning with MyEconLab: This online homework, tutorial, and assessment program engages students in learning and provides instructors tools to keep students on track.

Enable students to connect theory to practice: An aggregate demand and supply model helps students understand theory, while numerous examples help them understand the applications of theory.

Foster interest via engaging features and updated content: Updates that reflect the latest happenings in the world of economics and student-friendly in-text tools capture student interest.

Teach your course your way: A flexible structure allows instructors to focus on the particular areas of macroeconomics that match their course goals.



    • Enable students to connect theory to practice
    • Foster interest via engaging features and updated content


    Table of Contents

    I. Introduction  
    1. The Policy and Practice of Macroeconomics      
    2. Measuring Macroeconomic Data    

    II. Macroeconomic Basics      
    3. Aggregate Production and Productivity      
    4. Saving and Investment in Closed and Open Economies      
    5. Money and Inflation    

    III. Long-Run Economic Growth      
    6. The Sources of Growth and the Solow Model      
    7. Drivers of Growth: Technology, Policy, and Institutions    

    IV. Business Cycles: The Short Run      
    8. Business Cycles: An Introduction      
    9. The IS Curve      
    10. Monetary Policy and Aggregate Demand      
    11. Aggregate Supply and the Phillips Curve      
    12. The Aggregate Demand and Supply Model      
    13. Macroeconomic Policy and Aggregate Demand and Supply Analysis    

    V. Finance and the Macroeconomy      
    14. The Financial System and Economic Growth      
    15. Financial Crises and the Economy    

    VI. Macroeconomic Policy      
    16. Fiscal Policy and the Government Budget      
    17. Exchange Rates and International Economic Policy    

    VII. Microeconomic Foundations of Macroeconomics      
    18. Consumption and Saving      
    19. Investment      
    20. The Labor Market, Employment, and Unemployment    

    VIII. Modern Business Cycle Analysis and Macroeconomic Policy      
    21. The Role of Expectations in Macroeconomic Policy  
    22. Modern Business Cycle Theory

    Ex Tax: RM110.00
    • Stock: In Stock
    • Model: 9781292019598
    • Weight: 1.77kg
    • Dimensions: 32.40cm x 23.70cm x 6.00cm
    • ISBN: 9781292019598

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