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This text provides a cogent analysis of macroeconomic thought as a historical process, stressing the development of modern macroeconomic theory throughout. Both static and dynamic models are clearly developed and many modern economic models are used. The text first presents a simple, classical market clearing model, imposes enough restrictions on this model to derive a static Keynesian version, and then adds expectations to simple dynamic Keynesian models to arrive at a rational expectations new-classical model. The first half of the book uses one basic graphical model to develop each theory. Money and monetary institutions are then added to the basic model, and monetary issues are considered. The rest of the book covers government policy tools that might be viable in a world with rational expectations.
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- PublisherPrentice-Hall
- Publication date1990
- ISBN 10 0135433231
- ISBN 13 9780135433232
- BindingHardcover
- Number of pages336
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Macroeconomic Theory
Published by
Prentice-Hall
(1991)
ISBN 10: 0135433231
ISBN 13: 9780135433232
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Macroeconomic Theory (Foundations of Modern Economics Series)
Published by
Pearson College Div
(1991)
ISBN 10: 0135433231
ISBN 13: 9780135433232
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Macroeconomic Theory
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Prentice-Hall, Englewood Cliffs, NJ
(1991)
ISBN 10: 0135433231
ISBN 13: 9780135433232
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Book Description Hardcover. Condition: Near Fine. First edition. Near fine Book shows light rubbing to top and bottom edges. Hardcover, no dustwrapper. Please Note: This book has been transferred to Between the Covers from another database and might not be described to our usual standards. Please inquire for more detailed condition information. Seller Inventory # 165347
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Macroeconomic Theory (Foundations of Modern Economics Series)
Published by
Pearson College Div
(1991)
ISBN 10: 0135433231
ISBN 13: 9780135433232
Used
Hardcover
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