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Advanced Macroeconomics: A Primer - Softcover

 
9781843760900: Advanced Macroeconomics: A Primer

Synopsis

Since the rational expectations revolution in macroeconomics, the subject has changed massively, adopting the principles behind the revolution and building on them in a spectacular way. In this accessible and informative book, the authors guide the student through what has become the conceptual and mathematical maze of modern macroeconomics. It is intended primarily for the postgraduate student but will also be useful for upper level undergraduates. It explains the basics of each topic and provides a solid grounding for the student to tackle more complex and detailed material in the area.

The topics covered include:

  • an introduction to the traditional macro-classical macro/adaptive expectations
  • how to understand and solve standard macro models with rational expectations
  • implications of rational expectations for monetary and fiscal policy
  • the open economy
  • the new models of representative agents and real business cycles
  • the political economy of economic policy (the 'political business cycle') and independent central banks
  • the supply-side, unemployment and growth
  • empirical testing of the rational expectations hypothesis
  • the efficient markets hypothesis with empirical applications including bond and exchange markets
  • learning, time series-linear and nonlinear.

"synopsis" may belong to another edition of this title.

About the Author

Patrick Minford, Professor of Applied Economics, Cardiff Business School, Cardiff University and David Peel, Professor of Economics, Lancaster University Management School, University of Lancaster, UK

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9781840640908: Advanced Macroeconomics: A Primer

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Publisher: Edward Elgar Publishing Ltd, 2002
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Paperback. Condition: Very Good. Advanced Macroeconomics: A Primer This book is in very good condition and will be shipped within 24 hours of ordering. The cover may have some limited signs of wear but the pages are clean, intact and the spine remains undamaged. This book has clearly been well maintained and looked after thus far. Money back guarantee if you are not satisfied. See all our books here, order more than 1 book and get discounted shipping. Seller Inventory # 7719-9781843760900

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Paperback. Condition: Very Good. Since the rational expectations revolution in macroeconomics, the subject has changed massively, adopting the principles behind the revolution and building on them in a spectacular way. In this accessible and informative book, the authors guide the student through what has become the conceptual and mathematical maze of modern macroeconomics. It is intended primarily for the postgraduate student but will also be useful for upper level undergraduates. It explains the basics of each topic and provides a solid grounding for the student to tackle more complex and detailed material in the area.The topics covered include: an introduction to the traditional macro-classical macro/adaptive expectations how to understand and solve standard macro models with rational expectations implications of rational expectations for monetary and fiscal policy the open economy the new models of representative agents and real business cycles the political economy of economic policy (the 'political business cycle') and independent central banks the supply-side, unemployment and growth empirical testing of the rational expectations hypothesis the efficient markets hypothesis with empirical applications including bond and exchange markets learning, time series-linear and nonlinear. The book has been read, but is in excellent condition. Pages are intact and not marred by notes or highlighting. The spine remains undamaged. Seller Inventory # GOR002995778

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Condition: Good. This is an ex-library book and may have the usual library/used-book markings inside.This book has soft covers. In good all round condition. Please note the Image in this listing is a stock photo and may not match the covers of the actual item,900grams, ISBN:9781843760900. Seller Inventory # 3953785

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