Principles of Macroeconomics

Author(s): Bagher Modjtahedi

Edition: 3

Copyright: 2022

Details: KHPContent | 180 days |

Principles of Macroeconomics has grown out of the author’s experiences teaching economics over the course of more than 30 years. The text is policy oriented and provides an easy-to-understand structure with intuitive models to explain macroeconomic issues. From the beginning it emphasizes three major macroeconomic goals: high economic growth, low unemployment rate, and low and stable inflation rate. The text uses the most recent U.S. macroeconomic data to demonstrate the validity of the theories discussed. Additionally, contemporary and relevant macroeconomic concepts and models, such as inflation targeting and the federal funds market, are used to explain the workings of macroeconomic policies. Finally, the text uses the simple aggregate demand-aggregate supply model to analyze post-1970 recessions as well as the reasons for inflation.


Table of Contents


Chapter 01 What Economists Do

Chapter 02 Gross Domestic Product

Chapter 03 The Labor Market

Chapter 04 Unemployment

Chapter 05 Economic Growth

Chapter 06 Assets and Rates of Return

Chapter 07 Multi-Period Interest Rates

Chapter 08 Inflation

Chapter 09 The Financial System

Chapter 10 Loanable Funds Market

Chapter 11 Money and Banking

Chapter 12 The Federal Funds Market

Chapter 13 The Goods Market and Equilibrium GDP

Chapter 14 Aggregate Demand Function

Chapter 15 Business Cycles

Chapter 16 Fiscal Policy

Chapter 17 Open Economy Macroeconomics

Chapter 18 Money, Inflation, and Unemployment

Chapter 19 Post-1970 Recessions

Bagher Modjtahedi

Bagher Modjtahedi has more than thirty years of experience teaching economics at both undergraduate and graduate levels at University of California, Davis and other universities. His research interests include international macroeconomics and financial markets. His work has been published in the peer review literature including in The Journal of Econometrics, Journal of International Economics, Journal of Futures Markets, Energy Economics, European Economic Review, and Canadian Journal of Economics. He has also acted as a referee for the Canadian Journal of Economics, European Economic Review, and Energy Economics. The author has a master’s degree in quantitative economics from the University of East Anglia, U.K., and a Ph.D. in economics from the University of California, Davis. He is the recipient of Regents Fellowship Based on Distinguished Scholarship, University of California, Davis, 1981-1982.

Related ISBN's: 9798765712177




ISBN 9798765712177

Details KHPContent 180 days