Authors: David Miles, Andrew Scott
ISBN-13: 9780471644552, ISBN-10: 0471644552
Format: Hardcover
Publisher: Wiley, John & Sons, Incorporated
Date Published: September 2004
Edition: 2nd Edition
Why is the standard of living in some countries so much higher than in others? Why does unemployment sometimes rise sharply in a short time and what can governments do about it? When, if ever, should governments borrow to finance spending? Written with a strong global business focus, Miles and Scott’s Macroeconomics and the Global Business Environment, Second Edition examines fascinating, real-world economic issues, shows why these issues matter, and uses them as an entry point into advanced economic theory. Throughout, the authors present technical material clearly and accessibly, allowing you to develop a solid understanding of the global economy and how economists think about it.
Ch. 1 | What is macroeconomics? | 1 |
Ch. 2 | The language of macroeconomics : the national income accounts | 13 |
Ch. 3 | The wealth of nations - the supply side | 34 |
Ch. 4 | Capital accumulation and economic growth | 59 |
Ch. 5 | Total factor productivity, human capital, and technology | 86 |
Ch. 6 | Endogenous growth and convergence | 113 |
Ch. 7 | Unemployment and the labor market | 137 |
Ch. 8 | International trade | 166 |
Ch. 9 | Globalization | 193 |
Ch. 10 | Fiscal policy and the role of government | 224 |
Ch. 11 | Money and prices | 257 |
Ch. 12 | Consumption | 290 |
Ch. 13 | Investment | 320 |
Ch. 14 | Business cycles | 346 |
Ch. 15 | Monetary policy | 377 |
Ch. 16 | Stabilization policy | 408 |
Ch. 17 | Equity markets | 433 |
Ch. 18 | The bond market | 466 |
Ch. 19 | Exchange rate determination I - the real exchange rate | 496 |
Ch. 20 | Exchange rate determination II - nominal exchange rates and asset markets | 526 |
Ch. 21 | Currency crises and exchange rate systems | 554 |