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Macroeconomics: A Contemporary Introduction (with InfoTrac®)
William A. McEachern Manufacturer: South-Western College Pub ProductGroup: Book Binding: Paperback  General
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ASIN: 0324288743 |
Book Description
This very successful textbook is distinguished by a superior writing style that draws upon common student experiences to introduce economic concepts, making economic theory more accessible and interesting. "Case Studies" and numerous examples take advantage of students' intuitive knowledge of economics, building upon real-life situations. A streamlined design places pedagogy and illustrations directly within the flow of the text, making them less distracting and more useful for students. A fully integrated program of technology enhancements sets this text apart by pairing the book with numerous online multimedia learning tools that have been developed to help the text better serve a wide range of learning styles. The text uniquely integrates classroom use of The Wall Street Journal by including a complimentary student subscription offer, as well as in-text pedagogy to help students learn to analyze the latest economic events as reported in the Journal.Customer Reviews:
good text from a teacher's point of view.......2006-05-31
Horrible!.......2000-12-17
compelling easy-to-understand book.......1999-10-29
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An Introduction to Economic Dynamics
Ronald Shone Manufacturer: Cambridge University Press ProductGroup: Book Binding: Paperback Economic History
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ASIN: 0521804787 |
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This is an examples-driven treatment of introductory economic dynamics for students with a basic familiarity of spreadsheets. Shone approaches the subject with the belief that true understanding of a subject can only be achieved by students themselves setting out a problem and manipulating it experimentally. Although all economics students now have access to spreadsheets, they are often used for little more than graphing economic data. This book encourages students to go several stages further and set up and investigate simple dynamic models. A web-site for students and instructors is included that contains an additional 100 questions for students and 100 for instructors.Download Description
An examples-driven treatment of introductory economic dynamics for students with a basic familiarity with spreadsheets. Shone approaches the subject with the belief that true understanding of a subject can only be achieved by students themselves setting out a problem and manipulating it experimentally. Although all economics students now have access to spreadsheets, they are often used for little more than graphing economic data. This book encourages students to go several stages further and set up and investigate simple dynamic models. The book presents the essentials of macro and micro economic dynamics, including: demand and supply dynamics, Keynesian dynamics, IS-LM, Inflation-unemployment, dynamics of the firm, rational expectations and saddle points, fiscal dynamics and the Maastricht Treaty and Chaos theory. The Book contains 50 exercises. The support website contains an additional 100 questions for students and 100 for lecturers. Visit www.cambridge.org/resources/economics
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Macroeconomics (with Aplia ITS Card): A Contemporary Introduction
William A. McEachern Manufacturer: South-Western College Pub ProductGroup: Book Binding: Paperback General
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ASIN: 0324545509 |
Book Description
This very successful textbook is distinguished by a superior writing style that draws upon common student experiences to introduce economic concepts, making economic theory more accessible and interesting. "Case Studies" and numerous examples take advantage of students' intuitive knowledge of economics, building upon real-life situations. A streamlined design places pedagogy and illustrations directly within the flow of the text, making them less distracting and more useful for students. A fully integrated program of technology enhancements sets this text apart by pairing the book with numerous online multimedia learning tools that have been developed to help the text better serve a wide range of learning styles. The text uniquely integrates classroom use of The Wall Street Journal by including a complimentary student subscription offer, as well as in-text pedagogy to help students learn to analyze the latest economic events as reported in the Journal.
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Microfoundations of Financial Economics: An Introduction to General Equilibrium Asset Pricing (Princeton Series in Finance)
Yvan Lengwiler Manufacturer: Princeton University Press ProductGroup: Book Binding: Paperback General
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ASIN: 0691126313 |
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This textbook takes the reader from the level of microeconomics principles through to modern asset pricing theory. Yvan Lengwiler elegantly links together issues that have in the past been the territory of general economic theorists on the one hand, and financial economists on the other.
In a sequence of carefully explained steps, the reader learns how the first welfare theorem is used in asset pricing theory. The book then moves on to explore Radner economies and von Neumann-Morgenstern decision theory, and this section culminates in Wilson's mutuality principle and the consumption-based CAPM. This is then put into a dynamic setting, and term structure models are introduced. The empirical shortcomings of the standard asset pricing models are extensively discussed, as is research from the last twenty years aimed at bringing theory in line with reality. The reader is brought up to date on the latest areas of concern, such as habit formation, the consequences of heterogeneity, demographic effects, changing tax regimes, market frictions, and the implications of prospect theory for asset pricing.
Aimed at masters or Ph.D. students specializing in financial economics, the book can also be used as a supplementary text for students of macroeconomics at this advanced level and will be of interest to finance professionals with a background in economics and mathematics. It includes problems (with solutions), and an accompanying website provides supporting material for lecturers.
Customer Reviews:
Excellent introduction to General Equiibrum Asset Pricing.......2005-06-23
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An Introduction to Post-Keynesian Economics
Marc Lavoie Manufacturer: Palgrave Macmillan ProductGroup: Book Binding: Hardcover General
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ASIN: 0230007805 |
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This book offers an easy to read introduction to post-Keynesian economics, showing that there is an alternative to neoclassical economics and its free-market economic policies. Post-Keynesian economics is founded on realistic assumptions and stylized facts, such as interest targeting by central banks or constant average variable costs in manufacturing and services. The author shows how these more realistic foundations give rise to macroeconomic implications that are entirely different from those of received wisdom with regards to employment, output growth, inflation and monetary theory. For instance, the author demonstrates that higher minimum wages or real wages can increase both labour employment and the corporate profit rates, and that faster output growth need not lead to higher inflation.
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Nations and Firms in the Global Economy: An Introduction to International Economics and Business
Steven Brakman , Harry Garretsen , Charles Van Marrewijk , and Arjen Van Witteloostuijn Manufacturer: Cambridge University Press ProductGroup: Book Binding: Paperback General
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ASIN: 0521540577 |
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This accessible introduction to the world economy and to the theory and practice of globalization argues that key topics in international economics cannot be understood without knowledge of international business, and vice versa. It reviews and combines insights from both literatures and applies them to real-world issues, clearly explaining the main concepts of international economics and business in a uniquely integrated approach. Written in a lively and accessible style, this innovative textbook covers all the main issues, including international trade, capital mobility, comparative advantage, foreign direct investments, multinational behaviour, financial crises and economic growth. It has carefully selected international examples and case studies, and special interest boxes which clearly explain more difficult economic concepts. The companion website includes additional case studies, exercises and answers to exercises, data, illustrations and links to other useful websites.
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Pkg: Macroeconomics : A Contemporary Introduction
William A. McEachern Manufacturer: South-Western Pub ProductGroup: Book Binding: Hardcover Economics
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ASIN: 0324061536 |
Book Description
This very successful textbook is distinguished by a superior writing style that draws upon common student experiences to introduce economic concepts, making economic theory more accessible and interesting. "Case Studies" and numerous examples take advantage of students' intuitive knowledge of economics, building upon real-life situations. A streamlined design places pedagogy and illustrations directly within the flow of the text, making it less distracting and more useful for students. A fully integrated and sensible Internet strategy sets this text apart by tying numerous in-text features to learning enhancements and extensions on a dedicated Web site. This Fifth Edition makes unique use of THE WALL STREET JOURNAL by including resources and exercises utilizing that periodical to help students learn to analyze the latest economic events. McEachern is also available in micro split and both micro/macro are in the principles text.
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Asymmetric Information in Financial Markets: Introduction and Applications
Ricardo N. Bebczuk Manufacturer: Cambridge University Press ProductGroup: Book Binding: Paperback General
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ASIN: 0521797322 |
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Within the economist's abstraction of a "Perfect Market" it is assumed that all agents have access to the same timely, accurate and free information, and as a result allocative efficiency will be achieved. In practice this rarely happens and in most cases agents have access to different levels of information so that transactions are characterized by asymmetric information. This book presents the first integrated treatment of asymmetric information as both a macroeconomic and microeconomic phenomenon in financial markets.Download Description
Within the abstraction of a 'Perfect Market' it is assumed that all agents have access to the same timely, accurate and free information, and as a result allocative efficiency will be achieved. In practice this rarely happens and in most cases agents have access to different levels of information so that transactions are characterised by asymmetric information. This book presents the first integrated treatment of asymmetric information as both a macroeconomic and microeconomic phenomenon in financial markets. Subjects include: protecting against asymmetric information, information problems and corporate financing, dividend policy, the financial system and economic growth, business cycles, and international capital flows.Customer Reviews:
Excellent text.......2004-05-17
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Study Guide for McEachern's Macroeconomics: A Contemporary Introduction, 7th
William A. McEachern Manufacturer: South-Western College Pub ProductGroup: Book Binding: Paperback General
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ASIN: 032428876X |
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Succeed with the Study Guide for MACROECONOMICS: A CONTEMPORARY INTRODUCTION. This Study Guide includes chapter outlines, definitions of all terms, a bonus section with supplemental material, and a variety of true-false, multiple-choice, and discussion questions with answers.|
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A Modern Guide to Macroeconomics: An Introduction to Competing Schools of Thought
Brian Snowdon , Howard Vane , and Peter Wynarczyk Manufacturer: Edward Elgar Pub ProductGroup: Book Binding: Paperback General
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ASIN: 1852788828 |
Customer Reviews:
A must read.......2004-06-14
My only reservation about the book is its age. I wish the book were a little more recent, and I wonder if some of the newer developments might be missing.
Macroeconomics...and in their own words!.......2002-03-21
The authors suggest that the text be used alongside a basic macroeconomics textbook or as a main text in itself.
It is an excellent introduction to what is recognised as a controversial area of economics. The analogy of climbing a mountain and not being able to see the landscape is a very pertinent one.
There may be disagreements about the content of this book. Indeed it is easy to adopt a position about exclusions but this is a side issue. The format of an historical perspective in the development of ideas coupled with a consideration of the major positions within the debate works well.
It is clear from reading the text that the authors are very familiar with the subject matter and that each has contributed to the individual chapters on the specialist areas in a way which carries along the general reader.
Two particular things stand out for me in this text. The first is the section within the first chapter devoted to methodological issues and the associated section on rhetoric in economics. This is a key to a comprehensive understanding of the nature of the debate and the competing schools of thought involved.
The other standout aspect of this book is the interviews with various protaganists of the differing schools. Some pretty big names here including that of Nobel Prize Winner, James Tobin who only died last week. And what interviews. Not for these authors the standard sort of awe-struck beholden interviews but foccussed on the central points of the debate, exploratory questions which give real insight into the people and the issues involved. An excellent approach and one which has proved to be very successfully applied.
The final chapter, Conclusions and Reflections provides an outstanding summation and is followed by a comprehensive bibliography.
This book manages to convey in written form the full extent and depth of the macroeconomic debate such that it is intelligible to the educated reader without resorting to more mathematics than are absolutely needed and for that the authors are to be applauded.
In summing up this is a very valuable text which will be an asset to every macroeconomics course reading list.
Very useful.......2000-11-06
The challenge of explaining the major schools of thought, and explaining their strengths and weaknesses is a major one. The authors also go over some non-orthodox schools such as Post Keynesian and Austrian. However, some of the diagrams are poorly explained and the writing is a bit incomprehensible in a few chapters. Also, the book does not go over growth theory, which is probably a major part of any graduate macro class. On the whole though, it is one of the best macro books available.
An excellent summary of competing schools of thought.......1998-01-09
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