The study of macroeconomics can seem a daunting project. The field is complex and sometimes poorly defined and there are a variety of competing approaches. It is easy for the senior bachelor and starting master student to get lost in the forest of macroeconomics and the mathematics it uses extensively. Foundations of Modern Macroeconomics is a guide book for the interested and ambitious student. Non-partisan in its approach, it deals with all the major topics, summarising the important approaches and providing the reader with a coherent angle on all aspects of macroeconomic thought. Each chapter deals with a separate area of macroeconomics, and each contains a summary section of key points and a further reading list. Using nothing more than undergraduate mathematical skills, it takes the student from basic IS-LM style macro models to the state of the art literature on Dynamic Stochastic General Equilibrium, explaining the mathematical tricks used where they are first introduced. Fully updated and substantially revised, this third edition of Foundations of Modern Macroeconomics now includes brand new chapters covering highly topical subjects such as dynamic programming, competitive risk sharing equilibria and the New Keynesian DSGE approach.
Foundations of Modern Macroeconomics is aimed at getting round this fundamental problem: it deals with all the major topics, summarizes the important approaches, and gives students a coherent angle on all aspects of macroeconomic thought.
Both fully updated and substantially revised, these new editions include brand new problems and numerical examples alongside previously uncovered and highly topical subjects such as dynamic programming, competitive risk sharing equilibria ...
Cram101 Just the FACTS101 studyguides give all of the outlines, highlights, notes, and quizzes for your textbook with optional online comprehensive practice tests. Only Cram101 is Textbook Specific. Accompanys: 9780199210695 .
Each chapter of the manual contains short answer questions followed by longer intermediate and advanced exercises. Hints and tips as well as full solutions are provided making this an invaluable aid to the main text.
The Phillips curve, computed as an empirical relationship found in nearly a century of British data, was introduced by the LSE economist A. W H. (Bill) Phillips in 1958. His conclusion was that, except in years when imported inflation ...
The book first introduces the building blocks of macroeconomics, the heart of which is the representative consumer.
This book tells the story of the search for disequilibrium micro-foundations for macroeconomic theory.
An innovative textbook that provides a concise explanation of the foundations of modern macroeconomic theory and its methods.
MIT industrial economist and econometrician Franklin Fisher, in a book, Disequilibrium Foundations ofEquilibrium Economics (1983), that drew on over a decade of work on the subject, was still prepared to argue, on purely theoretical ...
This book, born out of the Masters course the authors taught for many years at the Harvard Kennedy School, fills this gap.