Macroeconomic theory: dynamic general equilibrium approach
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"Macroeconomic theory" is the most modern university level textbooks available today.
Michael Weekens leads the most simple macroeconomic model of a general equilibrium for a closed economy and then includes such important elements such as growth, business cycles, fiscal policy, taxation and debt financing, the sustainability of the current operation account and the definition of the exchange rate.
The book also contains an advanced assessment of monetary policies conducted by inflation targeting. The author speaks of the relationship between macroeconomics and modern finances and shows how they affect the markets of shares, bonds and foreign currency. He also considers the issues raised by the latest financial crisis, financial intermediation, modern theories of unemployment, macro-finance models.
Despite the fact that mathematics in the book is a strict, presented fundamental concepts make the text to self-sufficient and easy in circulation. The publicly available, exhaustive and covering a wide range of topics, macroeconomic theory is an exemplary textbook for students and researchers who study the most modern problems in this area
Michael Weekens leads the most simple macroeconomic model of a general equilibrium for a closed economy and then includes such important elements such as growth, business cycles, fiscal policy, taxation and debt financing, the sustainability of the current operation account and the definition of the exchange rate.
The book also contains an advanced assessment of monetary policies conducted by inflation targeting. The author speaks of the relationship between macroeconomics and modern finances and shows how they affect the markets of shares, bonds and foreign currency. He also considers the issues raised by the latest financial crisis, financial intermediation, modern theories of unemployment, macro-finance models.
Despite the fact that mathematics in the book is a strict, presented fundamental concepts make the text to self-sufficient and easy in circulation. The publicly available, exhaustive and covering a wide range of topics, macroeconomic theory is an exemplary textbook for students and researchers who study the most modern problems in this area
Cover:
Cover:Hard
Category:
- Category:Business & Money
ISBN:
ISBN:978-5-7749-0953-7
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