Blanchard's macroeconomics, fifth edition is organized around two central parts: A core and a set of three major extensions. The text's flexible organization emphasizes an integrated view of macroeconomics, while enabling professors to focus on the theories, models, and applications that they deem to their particular course.



Brief Contents:

The Core

Introduction

Ch. 1. A Tour of the world

Ch. 2. A Tour of the book

The Short Run

Ch. 3. The goods market

Ch. 4. Financial markets

Ch. 5. Goods and financial markets : The IS-LM model

The Medium Run

Ch. 6. The labor market

Ch. 7. Putting all markets together : The AS-AD Model

Ch. 8. The Natural rate of unemployment and the Phillips Curve

Ch. 9. Inflation, activity, and nominal money growth



The Long Run

Ch. 10. The facts of growth

Ch. 11. Saving, capital accumulation, and output

Ch. 12. Technological progress and growth

Ch. 13. Technological progress : The short, the medium, and the Long Run

Extensions

Expectations

Ch. 14. Expectations : The Basic Tools

Ch. 15. Financial Markets and expectations

Ch.16. Expectations, Consumption, and Investment

Ch. 17. Expectations, output, and policy

The Open economy

Ch. 18. Openness in goods and financial markets

Ch. 19. The goods markets in an open economy

Ch. 20. Output, the interest rate, and the exchange rate

Ch. 21. Exchange rate regimes



Pathologies

Ch. 22. Depressions and slumps

Ch. 23. High Inflation



Back to Policy

Ch. 24. Should policymakers be restrained

Ch. 25. Monetary policy : a summing up

Ch. 26. Fiscal Policy : A summary up

Ch. 27. Epilogue : The story of macroeconomics