About the book

Macroeconomics traces the history, evolution, and challenges of Keynesian economics, presenting a comprehensive, detailed, and unbiased view of modern macroeconomic theory.

Content:

PART ONE: INTRODUCTION AND MEASUREMENT

Chapter 1: Introduction

PART TWO: CLASSICAL ECONOMICS AND THE KEYNESIAN REVOLUTION

Chapter 2: Classical Macroeconomics (I): Equilibrium Output and Employment

Chapter 3: Classical Macroeconomics (II): Money, Prices, and Interest

Chapter 4: The Keynesian System (I):The Role of Aggregate Demand

Chapter 5: The Keynesian System (II): Money, Interest, and Income

Chapter 6: The Keynesian System (III): Policy Effects in the IS—LM Model

Chapter 7: The Keynesian System (IV): Aggregate Supply and Demand

PART THREE: MACROECONOMIC THEORY AFTER KEYNES

Chapter 8: The Monetarist Counterrevolution

Chapter 9: Output, Inflation, and Unemployment: Alternative Views

Chapter 10: New Classical Economics

Chapter 11: Real Business Cycles and New Keynesian Economics

Chapter 12: Macroeconomic Models :A Summary

PART FOUR: OPEN ECONOMY MACROECONOMICS

Chapter 13: Exchange Rates and the International Monetary System

Chapter 14: Monetary and Fiscal Policy in the Open Economy

PART FIVE: ECONOMIC POLICY

Chapter 15: Optimal Monetary Policy

Chapter 16: Fiscal Policy

PART SIX: ECONOMIC GROWTH

Chapter 17: Policies for Intermediate-Run Growth

Chapter 18: Long-Run Economic Growth: Origins of the Wealth of Nations