The New Zealand Macroeconomy

Provides data and graphs of more than 45 key indicators of macroeconomic performance in New Zealand over the last 35 years.

This is an indispensable source book for anyone with an interest in New Zealand's economic performance and reforms at the end of the twentieth century or its policy debates at the beginning of the twenty-first. It is an ideal companion to the introductory economics texts as it demonstrates the relevance and application of macroeconomics in the New Zealand context.

Most economics books used in New Zealand are US or Australian based and so lack much (or anything) in the way of information relating to New Zealand. For microeconomics this is not so important, but this is not the case for macroeconomics where there are often considerable differences between different economies. The New Zealand Macroeconomy: What we measure and what it means provides an up-to-date and concise solution, filling the 'macroeconomy gap' for students studying economics in the New Zealand context. Written to be read in conjunction with existing economics books The New Zealand Macroeconomy: What we measure and what it means discusses core topics from the New Zealand perspective in a conversational tone that makes this book eminently readable and an invaluable resource for all introductory economics students in New Zealand. This short text will also be a valuable supplement for NCEA students.

Bring the study of macroeconomics to life with acclaimed author Gregory Mankiw and New Zealand experts Debasis Bandyopadhyay and Paul Wooding. Macroeconomics principles are presented in the context of New Zealanda s unique, fascinating small open economy. Financial sectors worldwide are facing challenging economic circumstances. The authors maintain a broad international perspective, and New Zealand local focus is provided through updated policy material and economic data. Students are encouraged to relate economic theory to their own experiences through case studies, examples and news articles. This new second edition includes a Three new chapters examining consumers, producers and the efficiency of markets, the costs of taxation and international trade available online a Updated chapter structure to help students focus on the core issues a Analysis of recent global upheavals and New Zealanda s response a Expanded discussion on unemployment statistics and the problem of a brain draina a Updated news articles highlighting current economic issues a Unparalleled online student support including website with material to help learning for each chapter; and Search me! economics a 24-hour access to journal articles, periodicals and news a And much more This world-class learning package helps students absorb the theory, concepts and application of macroeconomics a from a New Zealand perspective.

This book addresses issues and policies relating to the major sectors of the New Zealand economy. Contents: 1. The New Zealand economy: an overview 2. Economic growth in New Zealand 3. The structure of the agricultural sector 4. Policies for the agricultural sector 5. The structure of the manufacturing sector 6. Policies for the manufacturing sector 7. The service sector: structure and policies 8. The labour market and industrial relations 9. Employment and unemployment: current patterns and issues 10. Financial institutional framework 11. Money and inflation: theories and evidence 12. International trade: structure and policy 13. The balance of payments and exchange rates 14. The public sector: an overview 15. Issues on social welfare and economic inequality 16. Social welfare benefits and income distribution in New Zealand.