1st Edition

Macroeconomic Principles and Problems A Pluralist Introduction

By Geoffrey Schneider Copyright 2023
586 Pages 134 B/W Illustrations
by Routledge

586 Pages 134 B/W Illustrations
by Routledge

586 Pages 134 B/W Illustrations
by Routledge

Macroeconomic Principles and Problems: A Pluralist Introduction offers a comprehensive overview of the major topics in modern macroeconomics, from mainstream and heterodox perspectives. This textbook examines the key macroeconomic problems and policy debates facing contemporary society, including economic crises, sustainability, fiscal and monetary policy, government debt, state-led vs.... Read more

1. Introduction

Part I: Globalization, Trade and International Policy Issues

2. International Trade, Globalization and Trade Policy

3. Exchange Rates and International Finance

Part II: Macroeconomic Issues and Problems

4. Modern Macroeconomics

5. Measuring and Describing the Macroeconomy

6. Macroeconomic Market Failures: Unemployment and Inflation

Part III: The Business Cycle and Short-Run Macroeconomic Analysis

7. The Short-Run Keynesian Model

8. Keynesian Aggregate Expenditure-Income Model in Detail

9. Aggregate Demand, Aggregate Supply, and Macroeconomic Policy

Part IV: Stabilization Policy

10. Fiscal Policy, Debt and Deficits

11. The Financial Sector

12. Monetary Policy, Inflation and Deflation

13. Financial Crises. The Great Depression and the Great Recession

Part V: Long Run Analysis and Economic Growth

14. The Sources of Economic Growth

15. Policy Debates over Long Run Macroeconomic Issues

Part VI: Macroeconomics in an Interconnected World

16. Open Economy Macroeconomics

17. Modern Developed and Newly Industrialized Economies

18. Developing Economies

Biography

Geoffrey Schneider is Presidential Professor of Economics at Bucknell University, Pennsylvania, U.S.A. He is an award-winning teacher, author or co-author of seven books and numerous scholarly articles, and executive director of the International Confederation of Associations for Pluralism in Economics.