Macroeconomics: Principles and Policy, 11th EditionThis text is well-known for using the Keynesian model in the teaching of economics; yet, in recent editions, the authors have expanded coverage of the growth model considerably to achieve more balanced coverage. The text uses the aggregate supply/ aggregate demand model as a fundamental tool for learning macroeconomics. It achieves the right level of rigor and detail, presenting complicated concepts in a relatively straightforward manner and using timely economic data.
Dornbusch, Fischer, and Startz' Macroeconomics has been a leading intermediate macroeconomic theory text since its introduction in 1978. This revision retains most of the text's traditional features, including a middle-of-the-road approach and very current research, while updating and simplifying the exposition. The text is now even easier to teach from. The only prerequisite continues to be principles of economics.
The aim of this study is to explain the present state of Russia's political economy in the light of the past, for the future. Three phases have been identified in Russia's successful economic transition since the crisis of August 1998. Phase one was associated predominantly with an effective depreciation in the value of the ruble, which is a necessary condition for macroeconomic stabilization.
In this chapter we show you what macroeconomics is about by looking at some of the big questions that macroeconomists ask: Why do some countries enjoy a standard of living many times greater than others? How does growth in productivity evolve over time? Why does the economy fluctuate between expansions and contractions? What impact do changes in interest rates or in oil prices have upon the economy?
Mankiw's Macroeconomics is popular, widely adopted and well-known for clearly communicating the principles of Macroeconomics in a concise and accessible way. The fifth edition maintains those core features that have made it the best-selling Macroeconomics text in Europe, i.e. a balance of coverage between short- and long-run issues, an integration of Keynesian and classical ideas, a variety of simple models and the incorporation of real world issues and data through case studies and FYI boxes. An outstanding package of support materials, includes the student web-support site 'Macrobytes'.
