Author: Mishkin

Macroeconomics: Policy and Practice, Second Edition draws on the rich tapestry of recent economic events to help students understand the policy issues debated by the media and the public at large during these trying times. Building on his expertise in macroeconomic policy making at the Federal Reserve, author Frederic S. Mishkin provides detailed, step-by-step explanations of all models and highlights the techniques used by policy makers in practice. The Second Edition incorporates a wealth of new and updated content, as well as new tools and resources in MyEconLab that bring course material to life.

I. Introduction
1. The Policy and Practice of Macroeconomics
2. Measuring Macroeconomic Data

II. Macroeconomic Basics    
3. Aggregate Production and Productivity
4. Saving and Investment in Closed and Open Economies
5. Money and Inflation

III. Long-Run Economic Growth    
6. The Sources of Growth and the Solow Model
7. Drivers of Growth: Technology, Policy, and Institutions

IV. Business Cycles: The Short Run    
8. Business Cycles: An Introduction
9. The IS Curve
10. Monetary Policy and Aggregate Demand
11. Aggregate Supply and the Phillips Curve
12. The Aggregate Demand and Supply Model
13. Macroeconomic Policy and Aggregate Demand and Supply Analysis

V. Finance and the Macroeconomy    
14. The Financial System and Economic Growth
15. Financial Crises and the Economy

VI. Macroeconomic Policy    
16. Fiscal Policy and the Governmnt Budget
17. Exchange Rates and International Economic Policy

VII. Microeconomic Foundations of Macroeconomics    
18. Consumption and Saving
19. Investment
20. The Labor Market, Employment, and Unemployment

VIII. Modern Business Cycle Analysis and Macroeconomic Policy    
21. The Role of Expectations in Macroeconomic Policy
22. Modern Business Cycle Theory

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2.6 macroeconomic objectives and policies

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