Lectures on macroeconomics
Material type:
TextPublication details: New Delhi PHI Learning Pvt. Ltd. 1989 Description: xiii, 650 pISBN: 9788120310421Subject(s): MacroeconomicsDDC classification: 339 Summary: Description:
The text provides the first comprehensive description and evaluation of macroeconomic theory in many years.
The main purpose of the book is to characterize and explain fluctuations in output, unemployment, and movement in prices. Topics include consumption and investment, the implications of finite horizons, goals of economic policy, fiscal policy, and dynamic inconsistency.
Written as a text for postgraduate students, the book also presents topics in a self-contained way that makes it a suitable reference for professional economists. A background in macroeconomics, statistics and econometrics is the prerequisite for studying the text.
KEY FEATURES
• Complete discussions on various models appropriate to each topic.
• A special chapter analyses the goals of economic policy, monetary policy, fiscal policy, and dynamic inconsistency.
• Basic models are described and extended to take into account the presence of uncertainty and stochastic fluctuations.
• Two exclusive chapters cover what-may-be called new Keynesian economics.
| Item type | Current library | Collection | Call number | Copy number | Status | Date due | Barcode |
|---|---|---|---|---|---|---|---|
Book
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Indian Institute of Management LRC General Stacks | Public Policy & General Management | 339 BLA (Browse shelf(Opens below)) | 1 | Checked out | 10/12/2024 | 000913 |
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Book
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Indian Institute of Management LRC General Stacks | Public Policy & General Management | 339 BLA (Browse shelf(Opens below)) | 2 | Available | 000914 | |
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Book
|
Indian Institute of Management LRC General Stacks | Public Policy & General Management | 339 BLA (Browse shelf(Opens below)) | 3 | Checked out | 06/23/2024 | 000915 |
Preface. Introduction. Consumption and Investment: Basic Infinite Horizon Models. The Overlapping Generations Model. Money. Multiple Equilibria, Bubbles, and Stability. Optimal Consumption, Investment, and Inventory Behavior. Competitive Equilibrium Business Cycles. Nominal Rigidities and Economic Fluctuations. Goods, Labor, and Credit Markets. Some Useful Models. Monetary and Fiscal Policy Issues. Name Index. Subject Index.
Description:
The text provides the first comprehensive description and evaluation of macroeconomic theory in many years.
The main purpose of the book is to characterize and explain fluctuations in output, unemployment, and movement in prices. Topics include consumption and investment, the implications of finite horizons, goals of economic policy, fiscal policy, and dynamic inconsistency.
Written as a text for postgraduate students, the book also presents topics in a self-contained way that makes it a suitable reference for professional economists. A background in macroeconomics, statistics and econometrics is the prerequisite for studying the text.
KEY FEATURES
• Complete discussions on various models appropriate to each topic.
• A special chapter analyses the goals of economic policy, monetary policy, fiscal policy, and dynamic inconsistency.
• Basic models are described and extended to take into account the presence of uncertainty and stochastic fluctuations.
• Two exclusive chapters cover what-may-be called new Keynesian economics.
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