Applied Intermediate Macroeconomics

A complete course in applied macroeconomics at the intermediate level that emphasizes the application of economic theory to real-world data and policy.

Kevin D. Hoover (Author)

9780521763882, Cambridge University Press

Hardback, published 14 November 2011

940 pages, 216 b/w illus. 55 tables
26 x 18.3 x 3.8 cm, 1.58 kg

This textbook offers a complete course in applied macroeconomics at the intermediate level that emphasizes the application of economic theory to real-world data and policy. Topics covered include national and international income, financial accounts, business cycles, financial markets, economic growth, labor markets, aggregate supply and demand, inflation, and monetary and fiscal policy. The text is unique in developing a detailed toolkit of elementary statistics and graphical techniques for economic data. A strength is its detailed treatment of national and international financial markets and the institutions of monetary and fiscal policy, which makes it especially helpful in understanding recent economic crises. The website for the text is found at http://www.appliedmacroeconomics.com.

Part I. Introduction: 1. Macroeconomics and the real world
Part II. The National Accounts: 2. The national accounts and the structure of the economy
3. Understanding gross domestic product
4. Measuring prices and inflation
Part III. Trends and Cycles: 5. Trends and cycles
Part IV. Financial Markets: 6. The financial system
7. The behavior of interest rates
8. The international financial system and the balance of payments
Part V. Aggregate Supply: 9. Aggregate production
10. Economic growth
11. The ideal labor market
12. Unemployment and the labor market process
Part VI. Aggregate Demand: 13. An introduction to aggregate demand
14. Consumption and investment: a deeper look
Part VII. Macroeconomic Dynamics: 15. The dynamics of output, unemployment, and inflation
Part VIII. Macroeconomic Policy: 16. Monetary policy
17. Fiscal policy
Part IX. Macroeconomic Data: A Guide to Working with Economic Data.

Subject Areas: International business [KJK], Finance & accounting [KF], Political economy [KCP], Monetary economics [KCBM], Macroeconomics [KCB]