Macroeconomics |
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Author:
| Gordon, Robert J. |
ISBN: | 978-0-321-27880-7 |
Publication Date: | Jul 2005 |
Publisher: | Addison Wesley
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Book Format: | Hardback |
List Price: | USD $155.20 |
Book Description:
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At a time when so many pivotal economic issues are closely tied to the business cycle and monetary-fiscal policy, Robert Gordon provides critical insight into the American and global economy.
Macroeconomics builds from an early emphasis on business cycles and monetary-fiscal policy, in both the closed and open economy, to a dynamic analysis of aggregate demand and supply shocks as the causes of inflation and unemployment. Gordon then discusses economic growth using...
More Description
At a time when so many pivotal economic issues are closely tied to the business cycle and monetary-fiscal policy, Robert Gordon provides critical insight into the American and global economy.
Macroeconomics builds from an early emphasis on business cycles and monetary-fiscal policy, in both the closed and open economy, to a dynamic analysis of aggregate demand and supply shocks as the causes of inflation and unemployment. Gordon then discusses economic growth using theory and real-world examples to compare rich and poor countries before examining economic growth in the United States.
In the Tenth Edition, Gordon tightens the overall framework of chapters, introduces four-color pedagogy, and prepares students to join in discussion and debate about the latest issues including the jobless recovery, recent tax cuts, globalization, and the 'explosion' of U.S. productivity growth.