Macro Economics 6th  Edition

Macro Economics 6th Edition (English, Paperback, Rudiger Dornbusch, Stanley Fischer)

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Macro Economics 6th Edition  (English, Paperback, Rudiger Dornbusch, Stanley Fischer)

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    Highlights
    • Language: English
    • Binding: Paperback
    • Publisher: Mcgraw Higher Ed
    • ISBN: 9780070599055, 007059905X
    • Edition: 6th Edition, 2005
    • Pages: 700
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  • Description

    Macroeconomics is an economics textbook for the students of M.Com written by Rudiger Dornbusch and Stanley Fischer.

    Summary Of The Book

    The authors in this edition have retained the balanced approach of the original edition of the book. They are keener on informing students about the established and the useful instead of the esoteric and speculative. Moreover, the authors do reflect the ever changing tone keeping in mind the changes that have taken place in the last decades in accordance with macroeconomics events and its research area. Also, in this edition the authors have deliberately cut down the content of the book and reduced it to one fourth of the original text.

    The book Macroeconomics is divided into four parts. The First part introduces the reader to the economy. In this section, the author explores several facts and the first models of the economy. The topics covered in this section include International Linkages, National Income Accounting, Monetary and Fiscal Policy, Income and Spending, and Money, Interest and Income.

    The Second part of the book deals with Aggregate Demand, Supply, and Growth. Herein, the author provides a basic introduction of aggregate demand and supply. Along with that this includes in-depth information on Long-Term Growth and Productivity, The Ration Expectations Equilibrium Approach, and Wages, Prices, and Employment of Aggregate Supply.

    Behavioral Foundations form the core subject issue of the third part of the book. In this section, the students will get to know about Investment Spending, Consumption and Saving, the Demand for Money, Prospects and Problems of Stabilization Policy, and the Fed, Money, and Credit. Finally, the Last section is devoted to Inflation, Unemployment, Budget Deficits, and International Adjustment. This one offers comprehensive coverage of the dynamics of Inflation and Unemployment, International Adjustment and Interdependence, the Tradeoffs between Inflation and Unemployment, Budget Deficits and the Public Department, and Money, Deficits and inflation: Evidence and Policy issues.

    About The Authors

    Rudiger Dornbusch was an award-winning famous German economist.

    He authored several books including International Economic Policy, Open Economy Macroeconomics, Financial Policies And The World Capital Market, Public Debt Management, and Stopping High Inflation etc.

    Born on 8th June 1942 in Krefeld, he completed his studies from University of Geneva. Later, he attended University of Chicago to complete his Ph.D. in Economics. He has worked with different universities such as University of Rochester, University of Chicago, and MIT. He worked with MIT until his death in 2002.

    Stanley Fischer is the Governor of the Bank of Israel and known as a famous American-Israeli economist.

    He has authored several books including Lectures On Macroeconomics, The Economics of Middle East Peace: Views From The Region, Indexing, Inflation, and Economic Policy, and Economics etc.

    Born on October 15, 1943 in Zambia, he studied economics at the London School of Economics. After completing Ph.D. in economics from MIT, he joined the University of Chicago as an associate professor. He has worked with leading organizations such as Bank of Israel, World Bank, International Monetary Fund, and Citigroup. He lives with his wife and three children in Israel.

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    Specifications
    Book Details
    Publication Year
    • 2005
    Table of Contents
    • PART I: INTRODUCING THE ECONOMY: FACTS AND FIRST MODELS

      Chapter 1. Introductions
      Chapter 2. National Income Accounting
      Chapter 3. Income and Spending
      Chapter 4. Money, Interest and Income
      Chapter 5. Monetary and Fiscal Policy
      Chapter 6. International Linkages

      PART II: AGGREGATE DEMAND, SUPPLY AND GROWTH

      Chapter 7. Aggregate Demand and Supply: An Introduction
      Chapter 8. Aggregate Supply: Wages, Prices and Employment
      Chapter 9. The Ration Expectations Equilibrium Approach
      Chapter 10. Long-Term Growth and Productivity

      PART III: BEHAVIORAL FOUNDATIONS

      Chapter 11. Consumption and Saving
      Chapter 12. Investment Spending
      Chapter 13. The demand for Money
      Chapter 14. The Fed, Money and Credit
      Chapter 15. Stabilization Policy: Prospects and Problems

      PART IV: INFLATION, UNEMPLOYMENT, BUDGET DEFICITS AND INTERNATIONAL ADJUSTMENT

      Chapter 16. The dynamics of Inflation and Unemployment
      Chapter 17. The Trade - offs between Inflation and Unemployment
      Chapter 18. Money, Deficits and inflation: Evidence and Policy issues
      Chapter 19. Budget Deficits and the Public Dept
      Chapter 20. International Adjustment and Interdependence
      Appendix: Guide to operation for PC - Macroeconomics, Version 2.0
      Index

    Contributors
    Author
    • Rudiger Dornbusch, Stanley Fischer
    University Books Details
    Specialization
    • B.A(Economics), Others, Others
    Ratings and Reviews
    3.9
    16 Ratings &
    3 Reviews
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    5

    MacroEconomics FOR EXAMS

    Best book for students who preparing from entrance exam like DSE/JNU.It give great insight about the macroeconomics subject at graduation level.
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    AVINASH SHARMA

    Certified Buyer

    6 Oct, 2013

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    4

    Value-for-money

    Must buy for undergraduate eco hons
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    Nishant Kumar Bharti

    Certified Buyer

    13 May, 2017

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    4

    Best book for Macroeconomy basics

    Best book to understand the basic of how economy works. The concepts are explained in a lucid format. IS-LM framework is also explained best in this edition.

    However, it does not cover the recent macroeconomic events, otherwise a great book for basics!
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    Gurpreet Singh

    Certified Buyer

    26 Sep, 2014

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