Macroeconomics, 8e Olivier Blanchard

Solving Learning and Teaching Challenges

What’s New in This Edition

About the Author

The Core Introduction

1 A Tour of the World

2 A Tour of the Book

3 The Goods Market

4 Financial Markets I

5 Goods and Financial Markets: The IS-LM Model

6 Financial Markets II: The Extended IS-LM Model

7 The Labor Market

8 The Phillips Curve, the Natural Rate of Unemployment, and Inflation

9 From the Short to the Medium Run: The IS-LM-PC Model

10 The Facts of Growth

11 Saving, Capital Accumulation, and Output

12 Technological Progress and Growth

13 The Challenges of Growth

14 Financial Markets and Expectations

15 Expectations, Consumption, and Investment

16 Expectations, Output, and Policy

17 Openness in Goods and Financial Markets

18 The Goods Market in an Open Economy

19 Output, the Interest Rate, and the Exchange Rate

20 Exchange Rate Regimes

21 Should Policymakers Be Restrained?

22 Fiscal Policy: A Summing Up

23 Monetary Policy: A Summing Up

24 Epilogue: The Story of Macroeconomics