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Blanchard IM 7e FM

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Instructor’s Manual

for

Macroeconomics
7th Edition
Global Edition

By

K. Michael Casey
University of Central Arkansas

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Copyright © 2017 Pearson Education, Limited
CONTENTS
CHAPTER 1 A Tour of the World 4

CHAPTER 2 A Tour of the Book 9

CHAPTER 3 The Goods Market 14

CHAPTER 4 Financial Markets I 19

CHAPTER 5 Goods and Financial Markets: The IS-LM Model 25

CHAPTER 6 Financial Markets II: The Extended IS-LM Model 30

CHAPTER 7 The Labor Market 36

CHAPTER 8 The Phillips Curve, the Natural Rate of Unemployment, and Inflation 41

CHAPTER 9 From the Short to the Medium Run: The IS-LM-PC Model 45

CHAPTER 10 The Facts of Growth 49

CHAPTER 11 Saving, Capital Accumulation, and Output 52

CHAPTER 12 Technological Progress and Growth 58

CHAPTER 13 Technological Progress: The Short, the Medium, and the Long Run 62

CHAPTER 14 Financial Markets and Expectations 66

CHAPTER 15 Expectations, Consumption, and Investment 69

CHAPTER 16 Expectations, Output, and Policy 74

CHAPTER 17 Openness in Goods and Financial Markets 77

CHAPTER 18 The Goods Market in an Open Economy 82

CHAPTER 19 Output, the Interest Rate, and the Exchange Rate 88

CHAPTER 20 Exchange Rate Regimes 93

CHAPTER 21 Should Policymakers Be Restrained? 98

CHAPTER 22 Fiscal Policy: A Summing Up 102

CHAPTER 23 Monetary Policy: A Summing Up 106

CHAPTER 24 Epilogue: The Story of Macroeconomics 110

ANSWERS TO END-OF-CHAPTER PROBLEMS 114


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Copyright © 2017 Pearson Education, Limited

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