Macroeconomics + Economagic - Softcover

Dornbusch, Rudiger; Fischer, Stanley; Startz, Richard

Softcover

ISBN 10: 0071232370 ISBN 13: 9780071232371

Publisher: McGraw-Hill Higher Education, 2003

Synopsis

Dornbusch, Fischer, and Startz has been a long-standing, leading intermediate macroeconomic theory text since its introduction in 1978. This revision retains most of the text's traditional features, including a middle-of-the-road approach and very current research, while updating and simplifying the exposition. This revision focuses on making the text even easier to teach from. The only pre-requisite continues to be principles of economics.

About this title

From the Publisher:

Expanded coverage of growth from one chapter to two. Growth has been moved forward to chapters 3 and 4 of the text.
A new chapter (8) on the New Macroeconomics, greatly expands the section from former chapter 1. Covers rational expectations, the unit root of GDP controversy, real business cycles, and new Keynesian sticky price theory.
The two chapters on inflation and unemployment (16 & 17) have been condensed to one (7).
A middle of the road approach by experts. Controversies are explained but conclusions remain neutral.
Classic questions linked to modern treatments.
Dornbusch, a specialist in Latin American economics, and Fischer, First Deputy Managing Director of the International Monetary Fund, speak with authority. Dick Startz, new co-author for 7e, was a graduate student of theirs and teaches at the University of Washington.
International coverage always strong with two updated chapters (12 and 21).

About the Author:

RUDI DORNBUSCH is a Ford Professor of Economics and International Management at MIT. He did his undergraduate work in Switzerland and holds a Ph.D. from the University of Chicago. He has taught at Chicago, at Rochester, and since 1975 at MIT. His research is primarily in international economics, with a major macroeconomic component. His special research interests are the behavior of exchange rates, high inflation and hyperinflation, and the problems and opportunities that high capital mobility poses for developing economies. He visits and lectures extensively in Europe and in Latin America, where he takes an active interest in problems of stabilization policy, and has held visiting appointments in Brazil and Argentina. His writing includes Open Economy Macroeconomics and, with Stanley Fischer and Richard Schmalensee, Economics. His interests in public policy take him frequently to testify before Congress and to participate in international conferences. He regularly contributes newspaper editorials on current policy issues here and abroad. http://web.mit.edu/rudi/www/

About this edition

• Publisher: McGraw-Hill Higher Education
• Publication date: 2003
• ISBN 10: 0071232370
• ISBN 13: 9780071232371
• Binding: Paperback
• Number of pages: 576