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Author: Roger E. Backhouse Publisher: Routledge ISBN: 1134741057 Category : Business & Economics Languages : en Pages : 250
Book Description
Interpreting Macroeconomics explores a variety of different approaches to macroeconomic thought. The book considers a number of historiographical and methodological positions, as well as analyzing various important episodes in the development of macroeconomics, before during and after the Keynesian revolution. Roger Backhouse shows that the full richness of these developments can only by brought out by approaches which blend both relativism and absolutism, and historical and rational reconstructions. Examples discussed include Hobson, Keynes and Friedman.
Author: Roger E. Backhouse Publisher: Routledge ISBN: 1134741057 Category : Business & Economics Languages : en Pages : 250
Book Description
Interpreting Macroeconomics explores a variety of different approaches to macroeconomic thought. The book considers a number of historiographical and methodological positions, as well as analyzing various important episodes in the development of macroeconomics, before during and after the Keynesian revolution. Roger Backhouse shows that the full richness of these developments can only by brought out by approaches which blend both relativism and absolutism, and historical and rational reconstructions. Examples discussed include Hobson, Keynes and Friedman.
Author: Dirk Niepelt Publisher: MIT Press ISBN: 0262043475 Category : Business & Economics Languages : en Pages : 318
Book Description
A concise but rigorous and thorough introduction to modern macroeconomic theory. This book offers an introduction to modern macroeconomic theory. It is concise but rigorous and broad, covering all major areas in mainstream macroeconomics today and showing how macroeconomic models build on and relate to each other. The self-contained text begins with models of individual decision makers, proceeds to models of general equilibrium without and with friction, and, finally, presents positive and normative theories of economic policy. After a review of the microeconomic foundations of macroeconomics, the book analyzes the household optimization problem, the representative household model, and the overlapping generations model. It examines risk and the implications for household choices and macroeconomic outcomes; equilibrium asset returns, prices, and bubbles; labor supply, growth, and business cycles; and open economy issues. It introduces frictions and analyzes their consequences in the labor market, financial markets, and for investment; studies money as a unit of account, store of value, and medium of exchange; and analyzes price setting in general equilibrium. Turning to government and economic policy, the book covers taxation, debt, social security, and monetary policy; optimal fiscal and monetary policies; and sequential policy choice, with applications in capital income taxation, sovereign debt and default, politically motivated redistribution, and monetary policy biases. Macroeconomic Analysis can be used by first-year graduate students in economics and students in master's programs, and as a supplemental text for advanced courses.
Author: Peter Kennedy Publisher: MIT Press ISBN: 9780262611503 Category : Business & Economics Languages : en Pages : 436
Book Description
This book offers a clear exposition of introductory macroeconomic theory along with more than 600 one- or two-sentence "news clips" that serve as illustrations and exercises.
Author: Brian Snowdon Publisher: Edward Elgar Publishing ISBN: Category : Business & Economics Languages : en Pages : 390
Book Description
This work delves behind prevailing textbook portrayals of macroeconomics and introduces the reader to the theoretical and ideological controversies at the heart of the subject. The introduction sets the essays, which take the form of conversations with known figures in the field, in context.
Author: Roger E. Backhouse Publisher: Routledge ISBN: 1134741065 Category : Business & Economics Languages : en Pages : 250
Book Description
Interpreting Macroeconomics explores a variety of different approaches to macroeconomic thought. The book considers a number of historiographical and methodological positions, as well as analyzing various important episodes in the development of macroeconomics, before during and after the Keynesian revolution. Roger Backhouse shows that the full richness of these developments can only by brought out by approaches which blend both relativism and absolutism, and historical and rational reconstructions. Examples discussed include Hobson, Keynes and Friedman.
Author: Frank Hahn Publisher: MIT Press ISBN: 9780262581547 Category : Business & Economics Languages : en Pages : 174
Book Description
In the early 1980s, rational expectations and new classical economics dominated macroeconomic theory. This essay evolved from theauthors' profound disagreement with that trend. It demonstrates notonly how the new classical view got macroeconomics wrong, but also howto go about doing macroeconomics the right way.
Author: Geoffrey J.D. Hewings Publisher: Springer Science & Business Media ISBN: 3662039478 Category : Business & Economics Languages : en Pages : 372
Book Description
In 1976, volume 116 of the Lecture Notes in Economics and Mathematical Systems appeared in the library of the University of Illinois. The title of the book, Input-Output Analysis and the Structure of Income Distribution was sufficiently intriguing to one of the present editors (Hewings) to command attention. Some years later, during the First World Congress of the Regional Science Association in Cambridge Massachusetts in 1980, Madden and Batey presented some of their work using their now familiar demographic-economic modeling system. Discussion ensued about the relationship between this system, Miyazawa's formulation and the social accounting matrices most closely associated with the work of Stone. During a year's residence at the University of Illinois, Batey was able to produce a valuable typology of multipliers that began the process of integrating these several modeling systems into a coherent package. Thereafter, a number of regional scientists have exploited the ideas and insights proposed by Miyazawa, especially the notion of the interrelational income multiplier and the ideas of internal and external multipliers.
Author: Stefano Calicchio Publisher: Stefano Calicchio ISBN: Category : Business & Economics Languages : en Pages : 107
Book Description
What is macroeconomics and how does it work? What are the practical implications of macroeconomic data? How can you apply this knowledge to improve your investment results? For the first time, a practical and accessible handbook explains the mechanisms of macroeconomics as they apply to financial investments. Within this book you will learn the basics of macroeconomics and how to apply them in managing your investment portfolio. In particular, you will discover: - How to use macroeconomics to make informed investment decisions. - How to find the main sources of global macroeconomic data. - How to identify and manage investment risks. - Concrete case studies showing the practical application of the knowledge acquired in the book. - Tests and food for thought for your own investing activities. - And much more! From global sources of macroeconomic data to long-term investment strategies, risk management and financial market analysis, this book provides the know-how you need to start applying the principles of macroeconomics to investing. Don't waste any more time with useless and expensive theoretical textbooks: with this guide you will have the basic knowledge you need to understand what is happening in the financial markets in a more informed way.
Author: Alvaro Cencini Publisher: Routledge ISBN: 1134382243 Category : Business & Economics Languages : en Pages : 368
Book Description
Contrary to common belief, macroeconomics is not merely a theory of aggregates, and cannot be constructed from individual behaviour. Both nationally and internationally, there are economic laws that are logically independent of economic agents’ behaviour. These are the macroeconomic foundations of macroeconomics. Presenting cutting-edge material, Alvaro Cencini explores these foundations, and shows that the introduction of money entails economics being interpreted conceptually not mathematically. His innovative book provides the elements for a new approach by applying the most recent results of monetary analysis to the study of national and international economics. It covers recent progress in monetary theory, provides the reader with a greater understanding of the subject, and will be essential reading for economic students as well as a valuable resource for economists.
Author: Roger E. Backhouse
Author: Roger E. Backhouse
Author: 
Author: Dirk Niepelt
Author: Peter Kennedy
Author: Brian Snowdon
Author: Roger E. Backhouse
Author: Frank Hahn
Author: Geoffrey J.D. Hewings
Author: Stefano Calicchio
Author: Alvaro Cencini