Macroeconomics, second edition

An Integrated Approach

By: Alan J. Auerbach

Write A Review

Paperback | 31 July 1998 | Edition Number 2

At a Glance

Paperback
500 Pages

Edition Type
Revised

Age
18+

Dimensions(cm)
22.7 x 20.5 x 3.0

Paperback

RRP $150.00

$96.75

35%OFF

or 4 interest-free payments of $24.19 with

Ships in 25 to 30 business days

This paperback edition is not available in the U.S. and Canada. Many undergraduate texts treat macroeconomics as a set of distinct topics rather than as a unified body of theory and empirical findings. In contrast, this text by Alan Auerbach and Laurence Kotlikoff uses a single analytic framework--the two-period life-cycle model--to explore and connect each of the major issues in contemporary macroeconomics. The model describes the evolution of the economy over time in terms of the behavior of overlapping generations of individuals, each of whom lives for two periods: youth and old age. This versatile framework can encompass most macroeconomic schools of thought through the alteration of key assumptions. The use of one basic model also allows the authors to explore important topics not always addressed adequately in other texts; these include credit constraints, real business cycles, generational accounting, and international capital flows markets.Written in a clear, accessible style, this shortened and simplified second edition provides a systematic way to interpret macroeconomic outcomes, to understand various policy proposals, and to appreciate how individuals and firms fit into the big picture.Not for sale in U.S. and Canada

Shipping

	Standard Shipping	Express Shipping
Metro postcodes:	$9.99	$14.95
Regional postcodes:	$9.99	$14.95
Rural postcodes:	$9.99	$14.95

Orders over $79.00 qualify for free shipping.

How to return your order

At Booktopia, we offer hassle-free returns in accordance with our returns policy. If you wish to return an item, please get in touch with Booktopia Customer Care.

Additional postage charges may be applicable.

Defective items

If there is a problem with any of the items received for your order then the Booktopia Customer Care team is ready to assist you.

For more info please visit our Help Centre.

You Can Find This Book In

Non-Fiction Economics Macroeconomics Text Books Higher Education & Vocational Textbooks Accounting, Business & Finance Higher Education Textbooks Accounting & Finance Finance

List of Figures
List of Tables
Prologue: The Questions of Macroeconomics
From Micro to Macro: Modeling Income Determination and Growth	p. 1
Output, Inputs, and Growth	p. 3
The Dynamic Supply of Inputs	p. 29
The Dynamic Demand for Inputs and the Evolution of Output	p. 53
Economic Fluctuations	p. 85
The Measurement of Output and Prices	p. 111
Fiscal and Monetary Policy	p. 139
Fiscal Policy, Saving, and Growth	p. 141
Money and Prices in the Closed Economy	p. 169
Economic Fluctuations	p. 199
The Keynesian Model of Price and Wage Rigidity	p. 201
Understanding Recessions	p. 229
The Nature and Costs of Unemployment	p. 265
Countercyclical Policy	p. 295
The International Economy	p. 321
Saving and Growth in the International Economy	p. 323
Money, Exchange Rates, and Policy in the Open Economy	p. 347
Enriching the Model	p. 377
The Banking System, the Federal Reserve, and the Money Supply	p. 379
Saving Behavior and Credit Markets	p. 411
Financial Markets and the Investment Decision	p. 433
Index	p. 457
Table of Contents provided by Blackwell. All Rights Reserved.

Macroeconomics, second edition

An Integrated Approach

At a Glance

Paperback

Shipping

How to return your order

Defective items

You Can Find This Book In

More in Economics

Retirement Made Simple

The Winner's Curse

Behavioral Economics Anomalies Then and Now

The Bitcoin Standard

The Decentralized Alternative to Central Banking

Bullshit Jobs

A Theory

Technofeudalism

What Killed Capitalism

Enshittification

Why Everything Suddenly Got Worse and What To Do About It

Hillbilly Elegy

The Internationally Bestselling Memoir from Trump's Future Vice-President of the United States

Mean Streak

A moral vacuum, a dodgy debt generator and a multi-billion-dollar government shake down - the powerful story of robodebt, WINNER of the Walkley Book Award 2025

Abundance

How We Build a Better Future

Confessions of an Economic Hit Man, 3rd Edition

Think and Grow Rich

The Landmark Bestseller--Now Revised and Updated for the 21st Century

A History of Central Banking and the Enslavement of Mankind

A History of Central Banking and the Enslavement of Mankind

Humankind

A Hopeful History â" from the presenter of the 2025 BBC âMoral Revolutionâ Reith lectures

Psycho-Cybernetics (Updated and Expanded)

Psycho-cybernetics

Vulture Capitalism

How to Survive in an Age of Corporate Greed

The Millionaire Next Door

The Surprising Secrets of America's Wealthy

The World for Sale

Money, Power and the Traders Who Barter the Earth's Resources

The Trading Game

A Confession

The AI Con

How To Fight Big Tech's Hype and Create the Future We Want

Blindspotting

How to see what others miss

Breakneck

China's Quest to Engineer the Future

Goliath's Curse

The History and Future of Societal Collapse

1929

The Inside Story of The Greatest Crash in Wall Street History

This product is categorised by