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  • Textbook
  • © 2014

Macroeconomics

A Fresh Start

Authors:

  • Attempts an open-minded approach, encouraging students to think for themselves about unresolved policy debates
  • Fully international approach, beginning with the first chapter on theories of economic development
  • Starts off with the real world of economic performance and policy, before tackling theoretical schools and debates
  • Integrates financial markets in the analysis throughout the book
  • The post-2007 financial crisis is a continuing theme of the book, and material needed to understand it is highlighted throughout
  • Detailed explanation permits instructors to shift more classroom time away from lecturing and toward data labs, workshops and research projects

Part of the book series: Springer Texts in Business and Economics (STBE)

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Table of contents (17 chapters)

  1. Front Matter

    Pages i-x
  2. Background

    1. Front Matter

      Pages 1-1
    2. Some Relevant Microeconomics

      • Peter Dorman
      Pages 21-46
  3. The Terrain of Macroeconomics

    1. Front Matter

      Pages 47-47
    2. Accounts and Measurements

      • Peter Dorman
      Pages 49-72
    3. The Fundamental Macroeconomic Identities

      • Peter Dorman
      Pages 73-88
    4. Macroeconomic Adjustment

      • Peter Dorman
      Pages 119-138
  4. Macroeconomic Theories in Conflict

    1. Front Matter

      Pages 223-223
    2. Keynesian Fiscal Policy

      • Peter Dorman
      Pages 267-291
    3. Central Banks and Monetary Policy

      • Peter Dorman
      Pages 293-321
    4. Business Cycles

      • Peter Dorman
      Pages 323-342
    5. The Crucible of the 1970s

      • Peter Dorman
      Pages 343-362
    6. The Rise and Fall of the Great Moderation

      • Peter Dorman
      Pages 363-394

About this book

The world has changed dramatically in recent years and so has the field of economics, but many introductory economics textbooks have remained stuck in the past. This book provides a new beginning for the study of macroeconomics, fundamentally international in its approach and emphasizing current debates and research trends. The first, mostly descriptive half of the book presents the main macroeconomic and financial patterns observed across the world, the institutions that govern national economies and the policy options available to decision-makers. In the second half, different schools of thought in macroeconomics are introduced with an emphasis on their underlying assumptions, so that students can judge for themselves how well they apply in real-world situations.
Throughout the book, the post-2007 financial crisis is a continuing focus and financial markets are fully integrated in the analysis. Policy debates are viewed in light of political economy considerations, both domestic and international. The book’s style focuses on in-depth explanations and supports teaching methodologies based on critical thinking and active learning, encouraging students to relate to current discussions, especially those taking place online.

Authors and Affiliations

  • The Evergreen State College, Olympia, USA

    Peter Dorman

About the author

Peter Dorman is a professor of economics at Evergreen State College. He has published extensively on a range of economic topics including occupational safety and health, child labor, environmental policy, international trade theory and economic methodology.     

Bibliographic Information

Buy it now

Buying options

eBook USD 39.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book USD 54.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book USD 69.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access