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Macro-economics /

Jackson, John.

Macro-economics / John Jackson. - 4th ed. - Australia : McGraw-Hill, 1994. - xxxix, 877 p. : ill. ; 24 cm.

includes index.

An introduction to Australian capitalism -- The economising problem -- Pure capitalism and the circular flow -- The mechanisms of individual prices: demand and supply -- Allocation and the market system -- Mixed capitalism and the economic functions of government -- The facts of Australian capitalism: the private sector -- The facts of Australian capitalism: the public sector -- Macroeconomic activity: output, unemployment and fiscal policy -- Macroeconomic instability: unemployment and the inflation -- An overview of macro theory and policy -- Classical and Keynesian theories of employment -- Equilibrium levels of output and income in the Keynesian model -- Fiscal policy and introduction to foreign trade -- Money, monetary policy and economic stability -- How banks create money -- The reserve bank of Australia and monetary policy -- Monetarism and rational expectations -- The inflation-unemployment relationship: theories and policies -- Economic growth and development -- Economic growth: facts and issues -- Growth and the less developed countries -- International economics: Australia and the world economy -- Current economic issues.

9780074701157

HB171.5 / .J3 1994