Macroeconomic Theory
A Dynamic General Equilibrium Approach
(Sprache: Englisch)
Macroeconomic Theory is the most up-to-date graduate-level macroeconomics textbook available today. This book truly offers something new by emphasizing the general equilibrium character of macroeconomics to explain effects across the whole economy, not just...
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Klappentext zu „Macroeconomic Theory “
Macroeconomic Theory is the most up-to-date graduate-level macroeconomics textbook available today. This book truly offers something new by emphasizing the general equilibrium character of macroeconomics to explain effects across the whole economy, not just part. It is also the perfect resource for economists who need to brush up on the latest developments. Michael Wickens lays out the core ideas of modern macroeconomics and its links with finance. He presents the simplest general equilibrium macroeconomic model for a closed economy, and then gradually develops a comprehensive model of the open economy. Every important topic is covered, including growth, business cycles, fiscal policy, taxation and debt finance, current account sustainability, exchange-rate determination, and an up-to-date account of monetary policy through inflation targeting. Wickens addresses the interrelationships between macroeconomics and modern finance and shows how they affect stock, bond, and foreign-exchange markets
Autoren-Porträt von Michael Wickens
Michael Wickens is professor of economics at the University of York and at Cardiff Business School. He is the coeditor of "Handbook of Applied Econometrics" and was managing editor of the "Economic Journal" from 1996 to 2004. He is specialist adviser to the House of Lords on macroeconomics and a member of the Shadow Monetary Policy Committee.
Bibliographische Angaben
- Autor: Michael Wickens
- 616 Seiten, 12 Abbildungen, Maße: 18,7 x 26,1 cm, Gebunden, Englisch
- Verlag: Princeton University Press
- ISBN-10: 0691152861
- ISBN-13: 9780691152868
- Erscheinungsdatum: 16.03.2012
Sprache:
Englisch
Rezension zu „Macroeconomic Theory “
"This is an innovative graduate textbook that develops much of modern macroeconomics in the framework of stochastic general equilibrium models. The book is especially good for its integration of macro and finance."--Christopher Pissarides, London School of Economics and Political Science
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