Macroeconomics 2008-2009 Update Edition plus MyEconLab One-semester Student Access Kit (6th Edition) [Hardcover]

Andrew B. Abel (Author), Ben S. Bernanke (Author), Dean Croushore (Author)

Book Description

ISBN-10: 0321558456 | ISBN-13: 978-0321558459 | Publication Date: July 31, 2008 | Edition: 6

Students often struggle to see how macroeconomic models compare to one another and fit into the big picture. Using a unified approach based on a single economics model, Abel, Bernanke, and Croushore provide a balanced, comprehensive treatment of classical and Keynesian economics, presenting macroeconomic theory in a way that prepares students to analyze real macroeconomic data. The Sixth Edition Update consists of the Sixth Edition of Macroeconomics and the 2008–2009 Update Booklet, which is correlated to sixteen key chapter topics with resource material including speeches, reports, or testimony, most from the Federal Reserve Board. Questions at the end of each topic discussion demonstrate how macroeconomic theory has direct implications on today’s economic policies.

Introduction: Introduction to Macroeconomics; The Measurement and Structure of the National Economy. Long-Run Economic Performance: Productivity, Output, and Employment; Consumption, Saving, and Investment; Saving and Investment in the Open Economy; Long-Run Economic Growth; The Asset Market, Money, and Prices. Business Cycles and Macroeconomic Policy: Business Cycles; The IS-LM/AD-AS Model: A General Framework for Macroeconomic Analysis; Classical Business Cycle Analysis: Market-Clearing Macroeconomics; Keynesianism: The Macroeconomics of Wage and Price Rigidity. Macroeconomic Policy: Its Environment and Institutions: Unemployment and Inflation; Exchange Rates, Business Cycles, and Macroeconomic Policy in the Open Economy; Monetary Policy and the Federal Reserve System; Government Spending and Its Financing.

For all readers interested in macroeconomics.

Editorial Reviews

About the Author

Andrew B. Abel is the Ronald A. Rosenfeld Professor of Finance at the Wharton School and professor of economics at the University of Pennsylvania. He received his AB summa cum laude from Princeton University and holds a PhD from the Massachusetts Institute of Technology. Abel has published extensively on fiscal policy, capital formation, monetary policy, asset pricing, and social security—as well as serving on the editorial boards of numerous journals. He has been honored as the Alfred P. Sloan Fellow, a Fellow of the Econometric Society, and a recipient of the John Kenneth Galbraith Award for teaching excellence. He is a Research Associate of the National Bureau of Economic Research and a member of the Advisory Board of the Carnegie-Rochester Conference Series.

Ben S. Bernanke: Previously the Howard Harrison and Gabrielle Snyder Beck Professor of Economics and Public Affairs at Princeton University, Ben Bernanke received both the Allyn Young Prize for best Harvard undergraduate economics thesis and the John H. Williams prize for outstanding senior in the economics department. He went on to earn his PhD from the Massachusetts Institute of Technology, and he has been honored as a Research Associate of the National Bureau of Economic Research. Currently, he is Chairman and a member of the Board of Governors of the Federal Reserve System.

Dean Croushore is an associate professor of economics and Rigsby Fellow at the University of Richmond. Croushore served for fourteen years at the Federal Reserve Bank of Philadelphia, twelve of which as the head of the macroeconomics section. He has taught previously at Penn State University, Temple University, the Wharton School of the University of Pennsylvania, Johns Hopkins University, and Princeton University.

Product Details

• Hardcover: 641 pages
• Publisher: Addison Wesley; 6 edition (July 31, 2008)
• Language: English
• ISBN-10: 0321558456
• ISBN-13: 978-0321558459
• Product Dimensions: 10.1 x 7.8 x 0.9 inches
• Shipping Weight: 3.4 pounds
• Average Customer Review: 1.0 out of 5 stars  See all reviews (1 customer review)
• Amazon Best Sellers Rank: #284,923 in Books (See Top 100 in Books)

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0 of 7 people found the following review helpful:

1.0 out of 5 stars Poor Condition, January 31, 2010

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This review is from: Macroeconomics 2008-2009 Update Edition plus MyEconLab One-semester Student Access Kit (6th Edition) (Hardcover)

I bought this book because it said it was in good condition and it was a very good price. When I got the book, the binding was falling apart and the pages are coming out. This book is on very poor condition. It should have been recycled, not sold under a lie.