A text dealing with the basic theory of macroeconomics. Revision and reorganization includes new material on international issues and controversies in macroeconomic theory and the open economy.
Macroeconomics Summary
Macroeconomics by Rudiger Dornbusch
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Table of Contents
National income accounting; aggregate demand and equilibrium income and output; money, interest and income; fiscal policy; crowding out and the policy mix; international linkages; aggregate supply and demand; consumption and savings; investment spending; the demand for money; the money supply and monetary policy; stabilization policy; prospects and problems; aggregate supply; wages, prices and employment; inflation and unemployment; the tradeoffs between inflation and unemployment; budget deficits and the public debt; money, deficits and inflation; macroeconomics - the interaction of events and ideas; long-term growth and productivity; money, prices and exchange rates.
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