Macroeconomic theory and policy

By: Branson, William HMaterial type: TextTextPublication details: New York : Harper & Row, ©1989Edition: 3rd edDescription: xv, 656 pages : illustrationsISBN: 9780060409326; 0060409320 Subject(s): MacroeconomicsDDC classification: 339
Contents:
I. An Introduction To Macroeconomics -- 1. Actual and Potential GNP: Fluctuations and Growth -- 2. A Review of the National Income and Product Accounts -- 3. Introduction to Income Determination: The Multiplier -- II. National Income Determination: the Static Equilibrium Model -- 4. Demand-Side Equilibrium: Income and the Interest Rate -- 5. An Introduction to Monetary and Fiscal Policy -- 6. Demand and Supply in the Labor Market -- 7. Supply-Side Equilibrium: Output and the Price Level -- 8. Equilibrium in the Static Model -- 9. Monetary, Fiscal, and Incomes Policy -- 10. Search, Wage Rigidity, and Unemployment -- 11. Rational Expectations and Demand Policy -- III. Sectoral Demand Functions and Extensions of the Static Model -- 12. Consumption and Consumer Expenditure -- 13. Investment Demand -- 14. The Demand for Money -- 15. The Supply of Money -- 16. Monetary and Fiscal Policy in the Extended Model -- 17. The Foreign Sector and the Balance of Payments -- 18. Macroeconomics When Markets Do Not Clear -- IV. Medium-Term Dynamics: Between Static Equilibrium and Long-Run Growth -- 19. Inflation, Productivity, and Income Distribution -- 20. Inflation and Unemployment: The Phillips Curve -- 21. Introduction to Stock-Adjustment Dynamics -- 22. Trend Growth in the Static Model -- V. Long-Run Growth With Full Employment -- 23. Introduction to Growth Models -- 24. The Basic Neoclassical Growth Model -- 25. The Basic Model Extended: Varying Saving Assumptions -- 26. The Golden Rule and an Introduction toOptimal Growth Models -- 27. Medium-Term Growth and &ldquo.
Summary: This widely respected classic continues to offer the state-of-the-art coverage of advanced macroeconomics. Detailed and clear exposition of such topics as traditional expectations, money demand, and policy rules are well integrated
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Includes index.

I. An Introduction To Macroeconomics --
1. Actual and Potential GNP: Fluctuations and Growth --
2. A Review of the National Income and Product Accounts --
3. Introduction to Income Determination: The Multiplier --
II. National Income Determination: the Static Equilibrium Model --
4. Demand-Side Equilibrium: Income and the Interest Rate --
5. An Introduction to Monetary and Fiscal Policy --
6. Demand and Supply in the Labor Market --
7. Supply-Side Equilibrium: Output and the Price Level --
8. Equilibrium in the Static Model --
9. Monetary, Fiscal, and Incomes Policy --
10. Search, Wage Rigidity, and Unemployment --
11. Rational Expectations and Demand Policy --
III. Sectoral Demand Functions and Extensions of the Static Model --
12. Consumption and Consumer Expenditure --
13. Investment Demand --
14. The Demand for Money --
15. The Supply of Money --
16. Monetary and Fiscal Policy in the Extended Model --
17. The Foreign Sector and the Balance of Payments --
18. Macroeconomics When Markets Do Not Clear --
IV. Medium-Term Dynamics: Between Static Equilibrium and Long-Run Growth --
19. Inflation, Productivity, and Income Distribution --
20. Inflation and Unemployment: The Phillips Curve --
21. Introduction to Stock-Adjustment Dynamics --
22. Trend Growth in the Static Model --
V. Long-Run Growth With Full Employment --
23. Introduction to Growth Models --
24. The Basic Neoclassical Growth Model --
25. The Basic Model Extended: Varying Saving Assumptions --
26. The Golden Rule and an Introduction toOptimal Growth Models --
27. Medium-Term Growth and &ldquo.

This widely respected classic continues to offer the state-of-the-art coverage of advanced macroeconomics. Detailed and clear exposition of such topics as traditional expectations, money demand, and policy rules are well integrated

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