{"product_id":"macroeconomics-isbn-9781119995715","title":"Macroeconomics","description":"\u003cb\u003e\u003ci\u003eMacroeconomics: Understanding the Global Economy, 3\u003csup\u003erd\u003c\/sup\u003e Edition\u003c\/i\u003e\u003c\/b\u003e   is to help students – and indeed anyone – understand contemporary and past economic events that shape the world we live in, and at a sophisticated level.  But it does so without focusing on mathematical techniques and models for their own sake. \u003cp\u003eTheory is taken seriously – so much so that the authors go to pains to understand the key aspects of theories in a way that will not put people off before they see how theories are useful to analyse issues.  The authors believe that theories are essential to better understand the world, thus the book includes a wealth of historic and current episodes and data to both see how theories can help interpret the world and also to judge their validity.\u003c\/p\u003e \u003cp\u003eEconomies today are very inter-connected; what happens in China matters pretty much everywhere; and what happens in one (even small) country in the euro zone has implications for the whole euro area and beyond, consequently \u003cb\u003e\u003ci\u003eMacroeconomics, 3\u003csup\u003erd\u003c\/sup\u003e Edition\u003c\/i\u003e\u003c\/b\u003e adopts a very international focus.\u003c\/p\u003e \u003cp\u003e \u003c\/p\u003e \u003cp\u003e \u003c\/p\u003e  Preface  \u003cp\u003e\u003cb\u003ePart One. Introduction\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChapter 1. What Is Macroeconomics?\u003c\/p\u003e \u003cp\u003eChapter 2. The Language of Macroeconomics: The National Income Accounts\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart Two. Economic Growth and The Supply Side\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChapter 3. The Wealth of Nations: The Supply Side\u003c\/p\u003e \u003cp\u003eChapter 4. Capital Accumulation and Economic Growth\u003c\/p\u003e \u003cp\u003eChapter 5. Total Factor Productivity, Human Capital and Technology\u003c\/p\u003e \u003cp\u003eChapter 6. Endogenous Growth and Convergence\u003c\/p\u003e \u003cp\u003eChapter 7. Unemployment and the Labour Market\u003c\/p\u003e \u003cp\u003eChapter 8. International Trade\u003c\/p\u003e \u003cp\u003eChapter 9. Globalization\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart Three. Business Cycles and Economic Policy\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChapter 10. Consumption and Investment\u003c\/p\u003e \u003cp\u003eChapter 11. Business Cycles\u003c\/p\u003e \u003cp\u003eChapter 12. Money and Prices\u003c\/p\u003e \u003cp\u003eChapter 13. Monetary Policy\u003c\/p\u003e \u003cp\u003eChapter 14. Fiscal Policy and the Role of Government\u003c\/p\u003e \u003cp\u003eChapter 15. Stabilization Policy\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart Four. Asset Markets and the Financial Sector\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChapter 16. Financial Markets: Equities and Bonds\u003c\/p\u003e \u003cp\u003eChapter 17. The Banking Sector\u003c\/p\u003e \u003cp\u003eChapter 18. Sovereign Debt and Default\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart Five. Exchange Rates and Global Capital Markets\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChapter 19. Exchange Rate Determination I: The Real Exchange Rate\u003c\/p\u003e \u003cp\u003eChapter 20. Exchange Rate Determination II: Nominal Exchange Rates and Asset Markets\u003c\/p\u003e \u003cp\u003eChapter 21. Currency Crises and Exchange Rate Systems\u003c\/p\u003e \u003cp\u003eGlossary\u003c\/p\u003e \u003cp\u003eNotes\u003c\/p\u003e \u003cp\u003eIndex \u003c\/p\u003e \u003cp\u003e\u003cb\u003eDavid Miles\u003c\/b\u003e is a member of the Bank of England’s interest-rate setting Monetary Policy Committee. He is Visiting Professor at Imperial College, London and former Chief UK Economist of Morgan Stanley. He was Professor of Finance at Imperial College, London. \u003c\/p\u003e \u003cp\u003e\u003cb\u003e Andrew Scott\u003c\/b\u003e is Deputy Dean and Professor of Economics at London Business School, a Fellow of the Centre for Economic Policy Research and Non-Executive Director of the UK’s Financial Services Authority. Previously he was a Fellow at All Souls, Oxford, and held lecturing positions at Harvard University and London School of Economics.  \u003c\/p\u003e\u003cp\u003e\u003cb\u003e Francis Breedon\u003c\/b\u003e is Professor of Economics and Finance at Queen Mary, University of London. Previously he was at Imperial College Business School. He has worked as Global Head of Foreign Exchange Research at Lehman Brothers and as a senior economist at the Bank of England.   \u003c\/p\u003e\u003cp\u003eA thoroughly revised and updated third edition of a very successful macroeconomics textbook, \u003ci\u003eMacroeconomics: Understanding the Global Economy, Third Edition\u003c\/i\u003e is a core text for introductory courses on macroeconomics. Using recent events to illustrate and motivate models and concepts, the authors draw out the lessons of the financial crisis and give a global outlook using historical and contemporary data from around the world. Technical material is presented clearly and accessibly, allowing students to develop a solid, practical understanding of the global economy and how economists think. With two new chapters on banking and sovereign debt and default, this edition is revised to also provide significantly increased coverage of the macroeconomic role of financial markets and financial intermediaries and greater coverage of the BRICs and other developments such as environmental economics and Sovereign Wealth Funds. \u003c\/p\u003e \u003cp\u003e A comprehensive package of supplementary materials is available on the accompanying website at \u003cb\u003ewww.wileyeurope.com\/college\/miles\u003c\/b\u003e, including PowerPoint slides (updated at regular intervals due to the fast-changing nature of today’s economy), Videos, Instructor’s Manual, an extensive Testbank, and solutions to questions and quizzes.  \u003c\/p\u003e\u003cp\u003e\u003ci\u003eThis third edition of a highly successful textbook integrates the lessons from the current financial crisis fully into its analytical framework. It is a model of clarity, and is interesting and fun to read.\u003c\/i\u003e\u003cbr\u003e\u003cb\u003e Mervyn King, Governor of the Bank of England\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003e\u003ci\u003eReading this textbook reminded me why I love macroeconomics. It is very readable, packed full of topical examples and the questions at the end of each chapter are a really helpful way of ensuring your mind takes in the material. I found myself wanting to refer to some of the material in my own writing. Congratulations to the three authors. \u003c\/i\u003e\u003cbr\u003e\u003cb\u003e Jim O’Neill, Goldman Sachs and Inventor of the “BRICs”\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003e\u003ci\u003eThe financial crisis has posed many difficult questions to policymakers and economists but it has at least provided a dramatic set of interesting questions for students who want to learn about macroeconomics and the world economy. These questions are at the heart of this textbook which provides a clear understanding of the theories, structures and institutions that make up the world economy. If we are to get out of this crisis or avoid the next one we need textbooks like this that grapple with real world issues.\u003c\/i\u003e\u003cbr\u003e\u003cb\u003e Nouriel Roubini, Stern School of Business, New York University and Roubini Global Economics \u003c\/b\u003e\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47989550514405,"sku":"NP9781119995715","price":104.5,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9781119995715.jpg?v=1761784560","url":"https:\/\/k12savings.com\/products\/macroeconomics-isbn-9781119995715","provider":"K12savings","version":"1.0","type":"link"}