Macroeconomics Case Studies bridges the gap between academic research, economic policy and undergraduate students by exploring economic concepts used by academics, central bankers and policy makers to develop actual policy. The 15 cases in this text expand the coverage of core economic concepts into practical application. The case studies have been developed from a set of video interviews with prominent economists in Australia and a selection of international thinkers filmed during visits to Australia. Interviewees include three former Reserve Bank of Australia board members, an ACCC Commissioner and a member of federal parliament (Andrew Leigh) and can be viewed at www.youtube.com/user/JanLibich1.

1. An Exploration of Long‐Term Macroeconomic Trends - Prof Paul Frijters
2. Musings on Short and Medium‐Run Macroeconomic Topics - Prof Bob Gregory, AO
3. Designing Effective Microeconomic Policies - Dr Andrew Leigh, MP
4. Public Policy and Microeconomic Regulation - Prof Stephen King
5. Education Financing: Government as Risk Manager? - Prof Bruce Chapman
6. On Fiscal Rules and Avoiding Public Debt Crises - Dr Stephen Kirchner
7. Population Ageing, Pensions Systems and Retirement Financing - Prof John Piggott
8. Economics and Policy of Climate Change - A/Prof Frank Jotzo
9. The 2008 Global Financial Turmoil: An Inside-Policy View - Prof Warwick McKibbin
10. Banking, Financial Markets and Crises - Michael Knox
11. Past and Future of Monetary Policy - Prof Adrian Pagan
12. Central Banks and Governments: Cooperation or Conflict? - Dr Don Brash
13. The European Currency Union: Will the Euro Survive? - A/Prof Stefan Auer and Dr Jan Libich
14. Save or Spend? On Managing Personal Finances - Dr Jan Libich
Glossary
Index

Macroeconomics Case Studies bridges the gap between academic research, economic policy and undergraduate students by exploring economic concepts used by academics, central bankers and policy makers to develop actual policy. The 15 cases in this text expand the coverage of core economic concepts into practical application. The case studies have been developed from a set of video interviews with prominent economists in Australia and a selection of international thinkers filmed during visits to Australia. Interviewees include three former Reserve Bank of Australia board members, an ACCC Commissioner and a member of federal parliament (Andrew Leigh) and can be viewed at www.youtube.com/user/JanLibich1. The chapter opening sections contain an overview of the concepts discussed, as well as an introduction to the interviewee All discussions are accompanied by data, graphs and tables to illustrate and explain statistics and policies Cartoons bring tricky concepts to life Key Economic Insights and Policy Lessons summarise the main elements of each section Discussion Questions focused on real-world economic policy reinforce learning Where to Find out More? sections list relevant references and further reading