All the chapters and the statistical data have been updated where possible. There is an abundance of new material relating to important issues such as: - Economic stabilisation and recovery in the late 1980s and the reasons for the 'Celtic Tiger' growth rates achieved in the 1990s. - Unemployment and inflation - Cost and benefits of European Monetary Union, convergence and recent developments relating to the introduction of a single currenty - National wage agreements - Exchange and interest rate determination The discussion of Irish economic performance is conducted in a comparative framework making extensive use of data from other countries in the European Union and Northern Ireland.
All the chapters and the statistical data have been updated where possible. There is an abundance of new material relating to important issues such as: - Economic stabilisation and recovery in the late 1980s and the reasons for the 'Celtic Tiger' growth rates achieved in the 1990s. - Unemployment and inflation - Cost and benefits of European Monetary Union, convergence and recent developments relating to the introduction of a single currenty - National wage agreements - Exchange and interest rate determination The discussion of Irish economic performance is conducted in a comparative framework making extensive use of data from other countries in the European Union and Northern Ireland.
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978-0-7171-2671-2 (9780717126712)
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Anthony J. Leddin is Lecturer in Economics in the Department of Business Studies, University of Limerick. Brendan M. Walsh is Professor of Economics and Applied Economics at University College, Dublin.
Anthony J. Leddin is Lecturer in Economics in the Department of Business Studies, University of Limerick. Brendan M. Walsh is Professor of Economics and Applied Economics at University College, Dublin.
1 Introduction to Macroeconomics 2 The Performance of the Irish Economy in the Long Run 3 Introduction to the Theory of Income Determination 4 Measuring the Economy's Performance: Introduction to National Income Accounting 5 The Consumption Function and Income Determination 6 Fisal Policy and the National Debt 7 The Public Finances 8 Fiscal Policy in Ireland 9 Money and Banking and the History of the Irish Monetary System 10 Interest Rates and Money in a Closed Economy 11 Aggregate Demand and the Money Market: A More Complete Model and the Economy 12 Unemployment and Inflation 13 The Inflation-Unemployment Trade-off 14 The Labour Market and the Persistence of Unemployment 15 The Foreign Exchange Market and Exchange Rates 16 Fixed Exhange Rate Systems: Theory and History 17 EMS and the Push for a Single Currency 18 Inflation and Interest Rates in Open Economies 19 Some Aspects of International Financial Markets 20 The Open Economy Monetary Model 21 The Adjustment of the Open Economy in the Short Run 22 Irish Exchange Rate Policy from the Sterling Link to EMU 23 The European Central Bank and Economic Policy in EMU 24 Will Membership of EMU be Good for Ireland?
