Macroeconomics,
1st Edition

Robert Lester

Macroeconomics
ISBN-13: 9780357901779
Copyright 2024 | Published
400 pages | List Price: USD $312.95

Lester's MACROECONOMICS: THEORY AND APPLICATIONS, 1st EDITION, provides a survey of the most important macroeconomic topics and models. There are within-chapter knowledge checks with solutions provided at the end of the chapter. There are also practice problems at the end of the chapter and many different online learning tools.

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PART I: GROWTH.
1. Defining and Measuring GDP.
2. Production Functions.
3. The Solow Model of Economic Growth.
4. Explaining Total Factor Productivity.
PART II: CLASSICAL THEORY.
5. Money, Prices, and Nominal Interest Rates.
6. Saving, Investment, and the Real Interest Rate.
7. International Trade and the Macroeconomy.
8. Labor Markets.
9. Government Spending and the Macroeconomy.
PART III: BUSINESS CYCLES.
10. Introduction to Business Cycles.
11. The IS-MP Model.
12. The IS-MP-AS Model.
13. IS-MP-AS in the Open Economy.
PART IV: BANKING AND FINANCIAL MARKETS.
14. Banking and the Macroeconomy.
15. Bonds, Stocks, and Monetary Policy.
Mathematical Appendix.

  • Robert Lester

    Robert Lester started working at Colby in 2015 after completing his graduate work at the University of Notre Dame. His research is in macroeconomics generally and monetary economics in particular.

  • Provides an up-to-date treatment of modern macroeconomic models in a way that is accessible to undergraduate students and MBAs.

  • Chapter applications focus on data and contemporary economic research.

  • Students can verify their understanding with knowledge checks within each chapter. The solutions are provided at the end of the chapter.

  • There are questions for review and problem sets at the end of every chapter. Solution sets are provided as an instructor resource.

  • Auto-graded, algorithmic and randomized end-of-chapter assessment and data-centric lab activities are available in online learning platform (MindTap).

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