An Introduction to Macroeconomic Policy (4th Revised edition)

An Introduction to Macroeconomic Policy (4th Revised edition)

By: Howard R. Vane (author), John L. Thompson (author)Paperback

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This textbook is a policy-based introduction to macroeconomics designed for economics students and non-specialists alike, the explanation being verbal and geometric with little recourse to formal mathematics. This fourth edition has been fully revised and updated and contains a new chapter on international trade, comparative advantage and protectionism. There are further new chapters on the IS-LM model, and recent developments in progress towards European Monetary Union are also incorporated. The work aims to appeal to business, MBA and management, and political science students who require a policy-based perspective.

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National income determination; financial institutions; the role of money; the IS-LM model for a closed economy; international trade; relationships with the rest of the world; the IS-LM model for an open economy; inflation; objectives of macroeconomic policy; problems of stabilization policy; demand management - fiscal policy; demand management - monetary policy; expenditure switching policies; prices and incomes policy; indexation; supply management policies; the international monetary system; conclusion and debate.

Product Details

  • publication date: 01/03/1993
  • ISBN13: 9780745014319
  • Format: Paperback
  • Number Of Pages: 352
  • ID: 9780745014319
  • weight: 988
  • ISBN10: 0745014313
  • edition: 4th Revised edition

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