Giavazzi & Blanchard: Macroeconomics a European perspective

Giavazzi & Blanchard: Macroeconomics a European perspective
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Macroeconomics: A European Perspective will give students a fuller understanding of the subject and has been fully updated to provide broad coverage of the financial crisis. In particular, this new edition provides:

NEW chapters and updated text across all chapters

NEW data on Europe and the financial crisis

And what has always been the strength of the book: A unified view of macroeconomics, enabling students to make the connections between the short, medium, and long run.


Chapter 1 A Tour of the World

Chapter 2 A Tour of the Book


The Short Run

Chapter 3 The Goods Market

Chapter 4Financial Markets

Chapter 5Goods and Financial Markets: The IS-LM Model

Chapter 6 The IS-LM model in an Open Economy

The Medium Run

Chapter 7The Labour Market

Chapter 8 Putting All Markets Together: The AS-AD Model

Chapter 9The Natural Rate of Unemployment and the Phillips Curve

Chapter 10 Inflation, Activity, and Nominal Money Growth

The Long Run

Chapter 11 The Facts of Growth

Chapter 12 Saving, Capital Accumulation, and Output

Chapter 13 Technological Progress and Growth



Chapter 14 Expectations: the Basic Tools

Chapter 15 Financial Markets and Expectations

Chapter 16 Expectations, Consumption, and Investment

Chapter 17 Expectations, Output, and Policy

The Open Economy: Exchange rates and policy choices

Chapter 18 Output, the interest rate and the exchangerate

Chapter 19 Exchange Rate Regimes


Chapter 20The crisis of 2007-2010

Chapter 21High Debt

Chapter 22High Inflation

Should Policymakers Be Restrained?

Chapter 23 Policy and Policymakers: What Do We Know?

Chapter 24Monetary and Fiscal Policy Rules

European progress

Chapter 25 European Economic and Monetary Integration

Chapter 26 The Euro: The Ins and the Outs

Appendix 1: A maths refresher

Appendix 2: An introduction to econometrics


Symbols used in this book


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