Macroeconomics - Hardcover

Dornbusch, Rudiger; Bodman, Philip; Crosby, Mark; Fischer, Stanley; Startz, Richard

Hardcover

ISBN 10: 0074715682 ISBN 13: 9780074715680

Publisher: McGraw-Hill Education, 2006

Synopsis

This new edition of Macroeconomics has been thoroughly revised and updated by respected author team Philip Bodman and Mark Crosby. The book maintains many of the bestselling features of its US counterpart, such as the focus on models and methodological frameworks for economic analysis, while including currently policy issues using a blend of theory and data, combined with new examples and real world material. Pedagigical features are significantly enhanced and material is presented in a clear and accessible manner.Two New ChaptersIn response to market feedback, two entirely new chapters have been added - Chapter 17 on Inflation and Chapter 18 on Unemployment.International PerspectiveThis edition retains its international perspective with particular focus on the economies of Asia. Extensive analysis is given to the interactions and interdependencies of the Australian economy with those overseas. Additionally, two detailed chapters (Cahpters 10 and 11) are devoted to discussing international linkages.Models and DataStudents are provided with a rich toolbox of simple models for analysing today's economic events. In addition to the already extensive examples and data, cutting-edge research has been included to add depth and breadth to their study.

About this title

About the Author:

RUDI DORNBUSCH is a Ford Professor of Economics and International Management at MIT. He did his undergraduate work in Switzerland and holds a Ph.D. from the University of Chicago. He has taught at Chicago, at Rochester, and since 1975 at MIT. His research is primarily in international economics, with a major macroeconomic component. His special research interests are the behavior of exchange rates, high inflation and hyperinflation, and the problems and opportunities that high capital mobility poses for developing economies. He visits and lectures extensively in Europe and in Latin America, where he takes an active interest in problems of stabilization policy, and has held visiting appointments in Brazil and Argentina. His writing includes Open Economy Macroeconomics and, with Stanley Fischer and Richard Schmalensee, Economics. His interests in public policy take him frequently to testify before Congress and to participate in international conferences. He regularly contributes newspaper editorials on current policy issues here and abroad. http://web.mit.edu/rudi/www/ STANLEY FISCHER is First Deputy Managing Director of the International Monetary Fund, on leave from the Department of Economics at MIT. He was an undergraduate at the London School of Economics and has a Ph.D. from MIT. He taught at the University of Chicago while Rudi Dornbusch was a student there, starting a long friendship and collaboration. He has been a member of the faculty of the MIT Economics Department since 1973. During that period he has taken leaves at the Hebrew University in Jerusalem and at Stanford. From 1988 to 1990 he was Chief Economist at the World Bank. He joined the IMF in 1994. His main research interests are economic growth and development; international economics and macroeconomics, particularly inflation and its stabilization; and the economics of transition. www.imf.org/external/np/omd/bios/sf.htm RICHARD STARTZ is Castor Professor of Economics at the University of Washington. He was an undergraduate at Yale University and received his Ph.D. from MIT, where he studied under Stanley Fischer and Rudi Dornbusch. He taught at the Wharton School of the University of Pennsylvania before moving on to the University of Washington, and he has taught, while on leave, at the University of California - San Diego, the Stanford Business School, and Princeton. His principal research areas are macroeconomics, econometrics, and the economics of race. In the area of macroeconomics, much of his work has concentrated on the microeconomic underpinnings of macroeconomic theory. His work on race is part of a long-standing collaboration with Shelly Lundberg. www.econ.washington.edu/user/startz

About this edition

• Publisher: McGraw-Hill Education
• Publication date: 2006
• ISBN 10: 0074715682
• ISBN 13: 9780074715680
• Binding: Hardcover
• Number of pages: 615