Understanding Macroeconomic Theory (inbunden)
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Format
Inbunden (Hardback)
Språk
Engelska
Antal sidor
234
Utgivningsdatum
2006-05-01
Upplaga
illustrated ed
Förlag
Routledge
Medarbetare
Lynch, Gerald J.
Illustratör/Fotograf
black and white 8 Illustrations 8 Line drawings, black and white 1 Tables black and white
Illustrationer
1 Tables, black and white; 8 Line drawings, black and white; 8 Illustrations, black and white
Dimensioner
240 x 161 x 19 mm
Vikt
490 g
Antal komponenter
1
Komponenter
52:B&W 6.14 x 9.21in or 234 x 156mm (Royal 8vo) Case Laminate on White w/Gloss Lam
ISBN
9780415701952

Understanding Macroeconomic Theory

av Bradley T Ewing, John M Barron, Gerald J Lynch
Inbunden,  Engelska, 2006-05-01
2996
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At each point in time, individuals make choices with respect to the acquisition, sale, and/or use of a variety of different goods. Such activity can be summarized by aggregate variables such as an economys total production of various goods and services, the aggregate level of unemployment, the general level of interest rates, and the overall level of prices. The focus of this book is on developing simple theoretical models that provide insight into the reasons for fluctuations in such aggregate variables. The models included explore how shocks or impulses to the economy (e.g. changes to technology, the money supply, or government policy) impact individuals behaviour in specific markets, and the resulting implications in terms of changes in aggregate variables. This book provides the reader with an in-depth understanding of standard theoretical models: Walrasian, Keynesian and Neoclassical. Pedagogically sophisticated, it is theoretically based, rigorous and includes a host of real world case studies and exercises. Underpinned by solid microfoundations, it is written in a concise, accessible style and is an indispensable tool for all students who wish to a gain a firm grounding in the complexities of macroeconomic theories as well as government and private sector researchers of macroeconomics.
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Övrig information

John M. Barron is the Loeb Professor of Economics in the Krannert School of Management at Purdue University. Bradley T. Ewing is the Jerry S. Rawls Endowed Professor in Operations Management in the Rawls College of Business at Texas Tech University. Gerald J. Lynch is Professor of Economics in the Krannert School of Management at Purdue University.

Innehållsförteckning

1. Introduction 2. Walrasian Economy 3. Firms as Market Participants 4. Households as Market Participants 5. Summarizing the Behavior and Constraints of Firms and Households 6. The Simple Neoclassical Macroeconomic Model (Without Government or Depository Institutions) 7. Empirical Macroeconomics: Traditional Approaches and Time Series Models 8. The Neoclassical Model 9. The Keynesian Model with Fixed Money Wage: Modifying the Neoclassical Model 10. The Lucas Model 11. Policy 12. Open Economy

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