Mid to high end intermediate Macroeconomics text that starts with the short run first. Organized around core chapters and 3 optional extensions. The core covers short run, medium run and then long run and then followed by the three extensions: openness, expectations and pathologies. The book concludes with a section on policy. Known for its global emphasis and empirical applications of theory.

• NEW—Rewritten and revised throughout to make complex concepts simpler—The author asked a team of students to look closely at each argument in the book; identify if it was difficult or confusing and identify how it could be presented more simply. Their work led to a thorough rewrite of the book. The architecture of the book is the same but the book is very different in the way material is discussed, explained, and illustrated. The arguments are simpler, more straightforward and easier to grasp.
• Clarifies concepts and arguments throughout the text, simplifies the treatment of aggregate supply, and moves more challenging material to the appendices when feasible.
• Organization—The book is organized around two central parts: A core, and a set of three major extensions. An introduction precedes the core. The set of extensions is followed by a review of the role of policy. The book ends with an epilogue. A flowchart on the front end paper makes it easy to see how the chapters are organized, and fit the book's overall structure. The extensions can be covered in any order and one or all can be omitted entirely.
• Gives a lot of flexibility in what to teach, and how much to teach.
• Real world issues addressed—Blanchard makes sure never to present a theoretical result without relating it to the real world. In addition to discussions of facts in the text itself, there are numerous Focus boxes which discuss particular macroeconomic events or facts, from both the United States and around the World.
• The fun of macroeconomics is in explaining events, across time and across countries.
• Margin notes—Highlight important points; relate an argument to an earlier one in the text; summarize a series of steps; suggest further readings; give a related fact; or tell a related anecdote.
• Creates a dialogue with the reader, helps reinforce more difficult passages, and gives students a deeper understanding of the concepts and the results derived along the way.
• NEW—Added boxed material—e.g., the New Economy; the effects of 9/11 on consumption; and an in-depth treatment of the slump in Japan.
• Gives students an awareness and understanding of the role current events play in macroeconomics.
• One integrative, underlying model throughout—Concentrates on the implications of equilibrium conditions in three sets of markets: goods, financial, and labor. Depending on the issue at hand, parts of the model are developed in more detail while others are simplified or left in the background.
• Enables students to see macroeconomics as a coherent whole, not as a collection of models.
• The application of theory is highlighted—Explains what is happening around the world, from the introduction of a new currency in Western Europe, to the reduction of budget deficits in the United States.
• Conveys to students the fun of macroeconomics, and reinforces the lessons from the models—making them more concrete and easier to grasp.
• Basic algebra, graphs, and words—Reinforces concepts throughout the text.
• Provides students with varied learning styles with the tools to understand and retain information using three different methods.
• Unique presentation of theoretical material—Relates it to the real world.
• Helps students understand the concepts more clearly by placing them in the context of real world applications.
• Boxed material throughout each chapter—Some boxes use a macroeconomic episode or example to expand on a point made in the text; Some boxes examine particular macroeconomic episodes in detail; Some boxes look at macroeconomic episodes from around the world, with a focus on real world applications.
• Shows how theoretical arguments can be used to understand events around the world.
• Short appendices to some chapters.
• Demonstrates how a proposition in the text can be derived more rigorously or expanded.
• Further reading sections—At the end of each chapter.
• Provides students with a list of resources to further their study of macroeconomics, including key Internet addresses.

INTRODUCTION.

THE CORE.

The Short Run.

The Medium Run.

The Long Run.

Expectations.

The Open Economy.

Pathologies.

BACK TO POLICY.

Epilogue.

APPENDICES.

For courses in intermediate macroeconomics.

 

Blanchard presents a unified view of macroeconomics, enabling students to see the connections between the short run, medium run, and long run.
• Macroeconomics, 4/E
  Blanchard
  © 2006 | Prentice Hall | Cloth; 648 pages | Instock
  ISBN-10: 0131860267 | ISBN-13: 9780131860261
  Brief Description
  



For intermediate economics courses.

 

Blanchard presents a unified and global view of macroeconomics, enabling students to see the connections between the short-run, medium-run, and long-run.

• Macroeconomics, 5/E
  Blanchard
  © 2009 | Prentice Hall | Cloth; 656 pages | Instock
  ISBN-10: 0132078295 | ISBN-13: 9780132078290
  Brief Description | Buy from myPearsonStore
  

View a Sample Chapter PDF:

Pearson Higher Education offers special pricing when you choose to package your text with other student resources. If you're interested in creating a cost-saving package for your students, contact your Pearson Higher Education representative for pricing and ordering information.

Pearson Higher Education offers special pricing when you choose to package your text with other student resources. If you're interested in creating a cost-saving package for your students contact your Pearson Higher Education representative.