Macroeconomics

Using real-world case studies and examples, this comprehensive text offers intermediate and applied macroeconomics students a truly European and global perspective. Continuing to successfully combine theory with application, Macroeconomics has been fully updated in this fifth edition to keep students up-to-date with the ever changing macroeconomic environment we are experiencing today.

Cover; Title Page; Copyright Page; Brief Contents; Contents; Guided tour of the book; List of case studies and boxes; Preface; Publisherâ#x80;#x99;s acknowledgements; Chapter 1 Macroeconomic essentials; 1.1 The issues of macroeconomics; 1.2 Essentials of macroeconomic accounting; 1.3 Beyond accounting; Chapter summary; Key terms and concepts; Exercises; Online resources; Recommended reading; Appendix: Logarithms, growth rates and logarithmic scales; Chapter 2 Booms and recessions (I): the Keynesian cross; 2.1 The circular flow model revisited: terminology and overview

2.2 Income determination: a first look2.3 Income determination: a second look; 2.4 An intertemporal view of consumption and investment; Chapter summary; Key terms and concepts; Exercises; Online resources; Recommended reading; Applied problems; Chapter 3 Money, interest rates and the global economy; 3.1 The money market, the interest rate and the LM curve; 3.2 Aggregate expenditure, the interest rate and the exchange rate: the IS curve; 3.3 The IS-LM or the global-economy model; Chapter summary; Key terms and concepts; Exercises; Online resources; Recommended reading; Applied problems

Chapter 4 Exchange rates and t…