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Studies In Macroeconomic Theory


Studies In Macroeconomic Theory
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Understanding Macroeconomic Theory


Understanding Macroeconomic Theory
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Author : Bradley T. Ewing
language : en
Publisher: Routledge
Release Date : 2006-09-27

Understanding Macroeconomic Theory written by Bradley T. Ewing and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-09-27 with Business & Economics categories.


At each point in time, individuals make choices with respect to the acquisition, sale, and/or use of a variety of different goods. Such activity can be summarized by aggregate variables such as an economy’s total production of various goods and services, the aggregate level of unemployment, the general level of interest rates, and the overall level of prices. The focus of this book is on developing simple theoretical models that provide insight into the reasons for fluctuations in such aggregate variables. The models included explore how shocks or ‘impulses’ to the economy (e.g. changes to technology, the money supply, or government policy) impact individuals’ behaviour in specific markets, and the resulting implications in terms of changes in aggregate variables. This book provides the reader with an in-depth understanding of standard theoretical models: Walrasian, Keynesian and Neoclassical. Pedagogically sophisticated, it is theoretically based, rigorous and includes a host of real world case studies and exercises. Underpinned by solid microfoundations, it is written in a concise, accessible style and is an indispensable tool for all students who wish to a gain a firm grounding in the complexities of macroeconomic theories as well as government and private sector researchers of macroeconomics.



Studies In Macroeconomic Theory


Studies In Macroeconomic Theory
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Author : Edmund S. Phelps
language : en
Publisher: Academic Press
Release Date : 2014-05-10

Studies In Macroeconomic Theory written by Edmund S. Phelps and has been published by Academic Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-05-10 with Business & Economics categories.


Studies in Macroeconomic Theory, Volume 2: Redistribution and Growth is a compendium of scholarly papers on the behavior and public control of distribution and growth in the market economy. The papers in this volume focus on the subject of public finance under the broad theory of economic policy. The papers are grouped into five groups or sections. Part I covers the steady-state choices. The second part takes up the efficient use of a given volume of saving in the choice among national investments. Part III explores the alternative approaches to optimal national saving. Part IV discusses the maximin-optimal graduated taxation of wage income. The final section expounds on Rawls's vision of the just economy. Economists will find the text invaluable and insightful.



Studies In Macroeconomic Theory


Studies In Macroeconomic Theory
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Author : Edmund S. Phelps
language : en
Publisher: Academic Press
Release Date : 2014-05-10

Studies In Macroeconomic Theory written by Edmund S. Phelps and has been published by Academic Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-05-10 with Political Science categories.


Studies in Macroeconomic Theory, Volume 1: Employment and Inflation is a collection of scholarly papers that accounts the development of a microeconomic theory of wage and price decisions and commitments. The book presents some features of the modern inflationary process and makes sense of some still accepted elements in the postclassical macroeconomics of Keynes and Phillips. The papers in this volume are grouped into seven sections. Part I describes disequilibrium models of employment. Part II gives closer scrutiny to the idea of the "natural" rate of unemployment. Part III studies the welfare economics of inflation in an equilibrium context. The fourth part deals with inflation planning. The papers in Part V discuss hypotheses about the causes of the rise in the rate of inflation in two historical episodes: the American inflation between 1955 - 1957 and 1972 - 1974. Part VI addresses some questions in the theory of economic stabilization by monetary and fiscal policy. The final section of this volume attempts to apply to matters of stochastic social choice, stabilization policy being one instance of such a choice, the conception of justice advanced by Rawls. The compendium will be of value to economists and economic policy makers.



Studies In The History Of Economic Theory Before 1870


Studies In The History Of Economic Theory Before 1870
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Author : Marian Bowley
language : en
Publisher: London : Macmillan
Release Date : 1973

Studies In The History Of Economic Theory Before 1870 written by Marian Bowley and has been published by London : Macmillan this book supported file pdf, txt, epub, kindle and other format this book has been release on 1973 with Business & Economics categories.


Compilation of six studies concerning the history of economic theory from the seventeenth century up to 1870 - covers the economic analysis of interest, theories of value, price mechanism, market structure, wages and profit, examines contributions of cantillon, adam smith, ricardo, malthus etc., and outlines contemporary attitudes to the role of work and capital.



Equilibrium And Disequilibrium In Economic Theory


Equilibrium And Disequilibrium In Economic Theory
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Author : G. Schwödiauer
language : en
Publisher: Springer Science & Business Media
Release Date : 1977-12-31

Equilibrium And Disequilibrium In Economic Theory written by G. Schwödiauer and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 1977-12-31 with Social Science categories.


This volume is the result of a conference held at the Institute for Advanced Studies, Vienna. There is still a gap reflected both in fundamental meth odological differences and in the style of analysis between the Walrasian (and Edgeworthian) tradition of general equilibrium theory and the theo retical and policy problems raised in the framework of Keynesian and post-Keynesian macroeconomics. The conference succeeded in bringing together economic theorists working in fields ranging from abstract prob lems of mathematical equilibrium analysis to applied macroeconomic theory, and it is hoped that the present volume will contribute to bridging the above-mentioned hiatus. As organizer of the meeting and editor of its proceedings I want to thank the Institute for Advanced Studies for providing facilities and funds. I am also sincerely grateful to all my colleagues from the Institute for their generous help, in particular to Mrs Monika Herkner without whose assistance and organizational talent the conference would certainly not have been the success it in fact - in the opinion of all participants - turned out to have been. Furthermore, I wish to express my gratitude towards all participants in the meeting and contributors to the volume whose patient support of the whole enterprise proved indispensable. To Mrs Elfriede Auracher I am deeply indebted for her skillful and effective general management of the editorial work and her invaluable assistance in compiling the indexes.



Dynamic Macroeconomic Theory


Dynamic Macroeconomic Theory
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Author : Thomas J. Sargent
language : en
Publisher: Harvard University Press
Release Date : 2009-06-01

Dynamic Macroeconomic Theory written by Thomas J. Sargent and has been published by Harvard University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-06-01 with Business & Economics categories.


The tasks of macroeconomics are to interpret observations on economic aggregates in terms of the motivations and constraints of economic agents and to predict the consequences of alternative hypothetical ways of administering government economic policy. General equilibrium models form a convenient context for analyzing such alternative government policies. In the past ten years, the strengths of general equilibrium models and the corresponding deficiencies of Keynesian and monetarist models of the 1960s have induced macroeconomists to begin applying general equilibrium models. This book describes some general equilibrium models that are dynamic, that have been built to help interpret time-series of observations of economic aggregates and to predict the consequences of alternative government interventions. The first part of the book describes dynamic programming, search theory, and real dynamic capital pricing models. Among the applications are stochastic optimal growth models, matching models, arbitrage pricing theories, and theories of interest rates, stock prices, and options. The remaining parts of the book are devoted to issues in monetary theory; currency-in-utility-function models, cash-in-advance models, Townsend turnpike models, and overlapping generations models are all used to study a set of common issues. By putting these models to work on concrete problems in exercises offered throughout the text, Sargent provides insights into the strengths and weaknesses of these models of money. An appendix on functional analysis shows the unity that underlies the mathematics used in disparate areas of rational expectations economics. This book on dynamic equilibrium macroeconomics is suitable for graduate-level courses; a companion book, Exercises in Dynamic Macroeconomic Theory, provides answers to the exercises and is also available from Harvard University Press.



Advances In Economic Theory


Advances In Economic Theory
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Author : Truman F. Bewley
language : en
Publisher: CUP Archive
Release Date : 1989-07-28

Advances In Economic Theory written by Truman F. Bewley and has been published by CUP Archive this book supported file pdf, txt, epub, kindle and other format this book has been release on 1989-07-28 with Business & Economics categories.


These articles should be helpful to anyone with training in economics.



Essentials Of Advanced Macroeconomic Theory


Essentials Of Advanced Macroeconomic Theory
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Author : Ola Olsson
language : en
Publisher: Routledge
Release Date : 2013-03-01

Essentials Of Advanced Macroeconomic Theory written by Ola Olsson and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-03-01 with Business & Economics categories.


Trying to summarize the essentials of macroeconomic theory in the wake of the financial crisis that has shaken not only Western economies but also the macroeconomic profession is no easy task. In particular, the notion that markets are self-correcting and always in equilibrium appears to have taken a heavy blow. However, the jury is still out on which areas should be considered as failures and what which constitute the future of research. The overall aim of this text is to provide a compact overview of the contributions that are currently regarded as the most important for macroeconomic analysis and to equip the reader with the essential theoretical knowledge that all advanced students in macroeconomics should be acquainted with. The result is a compact text that should act as the perfect complement to further study of macroeconomics: an introduction to the key concepts discussed in the journal literature and suitable for students from upper undergraduate level through to PhD courses.



Theory Of Macroeconomic Policy


Theory Of Macroeconomic Policy
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Author : Christopher Tsoukis
language : en
Publisher:
Release Date : 2020

Theory Of Macroeconomic Policy written by Christopher Tsoukis and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020 with Business & Economics categories.


Theory of Macroeconomic Policy offers a panoramic view of macroeconomic theory as a foundation for understanding macroeconomic, fiscal and monetary, policy.



Studies In Macroeconomic Theory


Studies In Macroeconomic Theory
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Author : Edmund Strother PHELPS
language : en
Publisher:
Release Date : 1980

Studies In Macroeconomic Theory written by Edmund Strother PHELPS and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1980 with categories.