Macroeconomics
Macroeconomics by R. Glenn Hubbard, published by Prentice Hall in 2010, is the third edition of this comprehensive text, spanning 634 pages in English. This edition provides updated coverage that reflects the current state of the economy, including insights into the recent financial meltdown. The book presents foundational concepts in macroeconomics, exploring topics such as economic efficiency, government price setting, and the dynamics of unemployment and inflation.
Readers will find a thorough examination of key macroeconomic principles, including aggregate demand and supply analysis, monetary and fiscal policy, and the international financial system. This edition aims to equip individuals in the business sector with a deeper understanding of the economic forces that influence their work. The text is designed for those seeking to grasp the complexities of macroeconomic theory and its practical applications in today’s economy.
Official synopsis Publisher
Key Benefit: Hubbard & O’Brien are still keeping it real in the third edition with new and updated coverage that reflects the current state of the economy and the recent financial meltdown.
Key Topics:
MACROECONOMICS:Economics: Foundations and Models; Trade-offs, Comparative Advantage, and the Market System; Where Prices Come From: The Interaction of Demand and Supply; Economic Efficiency, Government Price Setting, and Taxes; Firms, the Stock Market, and Corporate Governance; Comparative Advantage and the Gains from International ™ GDP: Measuring Total Production and Income; Unemployment and Inflation; Economic Growth, the Financial System, and Business Cycles; Long-Run Economic Growth: Sources and Policies; Aggregate Expenditure and Output in the Short Run; Aggregate Demand and Aggregate Supply Analysis; Money, Banks, and the Federal Reserve System; Monetary Policy; Fiscal Policy; Inflation, Unemployment, and Federal Reserve Policy; Macroeconomics in an Open Economy; The International Financial System
Market: For anyone in business who wants to benefit from understanding the economic forces behind their work.
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