Foundations of Modern Macroeconomics – Ben J. Heijdra – 2nd Edition


Highlights of this new edition:
– Chapters substantially revised to reflect current thinking in
– Includes 31 boxed case studies that are easily cross-referenced
– New material added and empirical data updated to better reflect labour market developments during the last three decades
– Streamlined mathematical appendix

can seem a daunting prospect. and poorly defined, infected with a variety of conflicting approaches, it is difficult for the to get an overall picture of what there is and how it fits in. of Modern Macroeconomics is aimed at getting round this fundamental problem: it deals with all the major topics, summarizes the important approaches, and gives students a coherent angle on all aspects of macroeconomic thought. Each chapter deals with a separate area of macroeconomics, and each contains a summary section of key points and a further list, enabling the student to check what has been learnt and investigate further in other .

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Table of Contents

1: Who is who in macroeconomics?
2: Dynamics in aggregate demand and supply
3: Rational expectations and economic policy
4: Anticipation effects and economic policy
5: The government budget deficit
6: A closer look at the labour market
7: Trade unions and the labour market
8: Search in the labour market
9: Macroeconomic policy, credibility, and politics
10: The open economy
Advanced macroeconomics
11: Money
12: New Keynesian economics
13: Exogenous Economic Growth
14: Endogenous Economic Growth
15: Real business cycles
16: Overlapping generations in continuous time
17: Overlapping generations in discrete time
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