Advanced Macroeconomics : A Primer, Second Edition

Patrick Minford

ISBN 10: 1788970977 / ISBN 13: 9781788970976

Editore: Edward Elgar Publishing Ltd Apr 2019, 2019

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Codice articolo 9781788970976

Dati bibliografici

• Titolo: Advanced Macroeconomics : A Primer, Second Edition
• Editore: Edward Elgar Publishing Ltd Apr 2019
• Data di pubblicazione: 2019
• Lingua: Inglese
• ISBN 10: 1788970977
• ISBN 13: 9781788970976
• Rilegatura: Buch
• Edizione: seconda edizione
• Condizione: Neu
• Dimensioni: 244 L x 169 A x 0 P (millimetri) 244 millimetri di larghezza per 169 millimetri di altezza per 0 millimetri di profondità

Descrizione articolo

Riassunto

Since the rational expectations revolution in macroeconomics, the subject has evolved in a major way, adopting the principles behind the revolution and building on them in spectacular fashion. In this thoroughly revised and updated second edition, the authors provide a complete and up-to-date textbook designed to guide students through the mathematical and conceptual maze of modern macroeconomics.

The updated second edition includes:

• Explanation of the historical development of the subject
• Introduction to traditional macro-classical/adaptive expectations
• Demonstration of how rational expectations are handled in macro models and in finance
• An explanation of the importance of structural, micro-founded models
• Key examples of structural models examined in detail, and with extension to the open economy
• Discussion of policy implications throughout
• Methodology for testing models against macro data behaviour, complete with the latest evidence on these models' success
• Coverage of key topics, including the supply-side, unemployment, growth and the open economy.

By explaining the basics of each topic, and providing the solid grounding for students to tackle more complex and detailed material, this textbook will be an invaluable resource for both postgraduate and upper level undergraduate students of macroeconomics alike.

Informazioni sull?autore

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