Macroeconomics: Understanding the Global Economy [Paperback]

Macroeconomics: Understanding the Global Economy, 3^rd Edition   is to help students – and indeed anyone – understand contemporary and past economic events that shape the world we live in, and at a sophisticated level.  But it does so without focusing on mathematical techniques and models for their own sake.

Theory is taken seriously – so much so that the authors go to pains to understand the key aspects of theories in a way that will not put people off before they see how theories are useful to analyse issues.  The authors believe that theories are essential to better understand the world, thus the book includes a wealth of historic and current episodes and data to both see how theories can help interpret the world and also to judge their validity.

Economies today are very inter-connected; what happens in China matters pretty much everywhere; and what happens in one (even small) country in the euro zone has implications for the whole euro area and beyond, consequently Macroeconomics, 3^rd Edition adopts a very international focus.

Part One. Introduction

Chapter 1. What Is Macroeconomics?

Chapter 2. The Language of Macroeconomics: The National Income Accounts

Part Two. Economic Growth and The Supply Side

Chapter 3. The Wealth of Nations: The Supply Side

Chapter 4. Capital Accumulation and Economic Growth

Chapter 5. Total Factor Productivity, Human Capital and Technology

Chapter 6. Endogenous Growth and Convergence

Chapter 7. Unemployment and the Labour Market

Chapter 8. International Trade

Chapter 9. Globalizationl³¶