Blanchard presents a unified and global view of macroeconomics, enabling students to see the connections between the short-run, medium-run, and long-run.
Both rigorous and comprehensive, the Fifth Canadian edition of Blanchard and Johnson’s Intermediate Economics has the unique ability to clearly convey the “life of macroeconomics while presenting macroeconomics as a coherent whole. This new edition continues to provide an integrated view of macroeconomics allowing students to make sense of macroeconomic events.
THE CORE: INTRODUCTION
Chapter 1 A Tour of the World
Chapter 2 A Tour of the Book
THE CORE: THE SHORT RUN
Chapter 3 The Goods Market
Chapter 4 Financial Markets
Chapter 5 Goods and Financial Markets: The IS-LM Model
Chapter 6 Openness in Goods and Financial Markets
Chapter 7 The Goods Market in an Open Economy
Chapter 8 Output, the Interest Rate, and the Exchange Rate
THE CORE: THE MEDIUM RUN
Chapter 9 The Labour Market
Chapter 10 All Markets Together: The AS-AD Model—The Basics
Chapter 11 All Markets Together: the AS-AD Model—Liquidity Traps and Supply Shocks
Chapter 12 The Phillips Curve, the Natural Rate of Unemployment, and Inflation
Chapter 13 Inflation, Economic Growth, and Money Growth
Chapter 14 Exchange Rates in the Medium Run: Adjustments, Crises, and Regimes
THE CORE: THE LONG RUN
Chapter 15 The Facts of Growth
Chapter 16 Saving, Capital Accumulation, and Output
Chapter 17 Technological Progress and Growth
Chapter 18 Economic Growth in the Open Economy
EXPECTATIONS
Chapter 19 Expectations: The Basic Tools
Chapter 20 Financial Markets and Expectations
Chapter 21 Expectations, Consumption, and Investment
Chapter 22 Expectations, Output, and Policy
BACK TO POLICY
Chapter 23 Should Policy Makers Be Restrained?
Chapter 24 Monetary Policy: A Summing Up
Chapter 25 Fiscal Policy: A Summing Up
Chapter 26 Epilogue: The Story of Macroeconomics
Appendix 1: An Introduction to Canada’s System of National Accounts
Appendix 2: A Math Refresher
Appendix 3: An Introduction to Econometrics
Appendix 4: Symbols Used in This Book
