Advanced Modern Macroeconomics
Analysis & Application


By Max Gillman
January 2011
Pearson Education
Distributed by Trans-Atlantic Publications
ISBN: 9780273726524
619 Pages, Illustrated
$112.50 Paper Original


‘Modern Macroeconomics’ provides a back-to-basics approach to macroeconomics. Requiring only a microeconomics background, the book is a comprehensive introduction to macroeconomics that builds the essential elements in a methodologically consistent fashion.

Preface

Acknowledgements

Part 1

MICROFOUNDATIONS OF MACROECONOMICS

1 Overview of the book

Part 2

LABOUR AND GOODS MARKETS

2 Labour, leisure and productivity
3 Employment cycles and taxes
4 Trade in labour and goods markets

Part 3

CAPITAL AND GOODS MARKETS

5 Savings and investment
6 Capital policy and business cycles
7 Trade in physical capital markets

Part 4

MODERN AS–AD

8 Dynamic analysis and AS–AD
9 Employment
10 Dynamic AS–AD solution methodology

Part 5

GROWTH, HUMAN CAPITAL AND BUSINESS CYCLES

11 Exogenous growth
12 Human capital and endogenous growth
13 Explaining cycles and trends
14 International trade

Part 6

RISK, BANKING AND ASSETS

15 Incomplete markets and banking
16 Investment and banking productivity
17 Asset prices and finance

Part 7

FISCAL AND MONETARY POLICY

18 Public finance
19 Taxes and growth
20 Monetary theory and policy

Index

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