More Details about Macroeconomics, 12th Edition

General Information  
Author(s)Gordon
PublisherPearson India
Edition12
ISBN9789332550360
Pages640
BindingPaperback
LanguageEnglish
Publish YearJanuary 2015

Description

Macroeconomics is widely praised for its ability to present theory as a way of evaluating key macro questions, such as why some countries are rich and others are poor. Students have a natural interest in what is happening today and what will happen in the near future. Macroeconomics capitalizes on their interest by beginning with business cycles and monetary-fiscal policy in both closed and open economy. After that, Gordon presents a unique dynamic analysis of demand and supply shocks as causes of inflation and unemployment, followed by a dual approach to economic growth in which theory and real-world examples are used to compare rich and poor countries.