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1、www.pearsonCoverimage?DebahHarrisonGettyImagesMACROECONOMICSTHIRDEDITIONBLAMIGHINIGIAVAZZIThisbookgivesstudentsathoughunderstingofmacroeconomicsbytakingaunifiedviewofthesubjectallowingconnectionstobemadebetweentheshtmedi
2、umlongrun.Thebookhasbeenrewrittenalmostfromscratchafterathoughrethinkofhowmacroeconomicsshouldbetaughtafterthefinancialcrisis.Amongthenewfeatures:?Thetextrecognisesthatmoderncentralbankssetinterestratesnotthequantityofmo
3、ney:thisgetsridoftheLMcurvegreatlysimplifyingthediscussionoffinancialmarkets.?ItpresentsthemediumrunstartingdirectlyfromthePhillipscurvethusavoidingtheintermediateASADstepwhichundergraduatesfinddifculttounderst.Outputabo
4、vepotentialunemploymentbelowthenaturalrateputupwardpressureoninflation.Thenatureofthepressuredependsonthefmationofexpectationsanissuecentraltocurrentdevelopments.?Theyieldcurvenowincpatesariskpremiumfluctuationsofwhichha
5、vebeencentraltothecrisisespeciallysincequantitativeeasingpolicieshaveshownthatmoarypolicycanafectthispremium.OlivierBlstudiedattheUniversityofParisNanterrehastaughtattheMassachusettsInstituteofTechnologysince1982.Hewasch
6、iefeconomistattheInternationalMoaryFundfrom2008to2015.HeisnowaSeniFellowatthePetersonInstitutefInternationalEconomicsWashingtonDC.FrancescoGiavazziisProfessofEconomicsatBocconiUniversityinMilanhasbeenaVisitingProfessatth
7、eMassachusettsInstituteofTechnologyfoveradecade.AlessiaAmighiniisAssociateProfessofEconomicsatUniversitdelPiemonteientaleItaly.‘Thisisatrulyoutstingtextbookthatbeautifullymarriestheyempiricspolicy.Ithasalreadybecomethego
8、ldstardagainstwhichallothertextsmustbemeasured.’SirlesBeanProfessofEconomicsLondonSchoolofEconomicsfmerDeputyGovernBankofEnglThistitlecanbesupptedbyMyEconLabanonlinehomewktutialsystemdesignedtotestbuildyourundersting.MyE
9、conLabprovidesapersonalisedapproachwithinstantfeedbacktoallquestionsproblemsinthistitle.ToaccessMyEconLabyouneedtohaveacourseIDfromyourlectureranaccesscard.IfyouhavethecourseIDbutnoaccesscardyoucanpurchaseaccessat.OLIVIE
10、RBLALESSIAAMIGHINIFRANCESCOGIAVAZZIMACROECONOMICSAEUROPEANPERSPECTIVETHIRDEDITIONCVR_BLANC_03_85678.indd12704201710:32AtPearsonwehaveasimplemission:tohelppeoplemakemeoftheirlivesthroughlearning.Wecombineinnovativelearnin
11、gtechnologywithtrustedcontenteducationalexpertisetoprovideengagingeffectivelearningexperiencesthatservepeoplewhereverwhenevertheyarelearning.Fromclassroomtoboardroomourcurriculummaterialsdigitallearningtoolstestingprogra
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