The new European edition of Mankiw's bestselling and highly readable text communicates the theories and models of macroeconomics in a concise and accessible way, with real-world examples, discussions and case studies.
Discusses applied aspects of monetary policy, with practical research on the timing, magnitude, and channels of central bank actions. The authors evaluate a variety of policy rules based on monetary aggregates, nominal income, and commodity prices, analyzing the behaviour of prices and inflation.
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