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Riassunto: From the authors:
Modern. Simpler. These were our goals. We knew that to reflect modern macroeconomics we had to cover the Solow Model and the economics of ideas, Real Business Cycles, and New Keynesian economics. While most texts now cover the rudiments of economic growth, the importance of ideas is rarely even mentioned. Similarly, other texts do not offer a balanced treatment of Real Business Cycle theory and New Keynesian theory, instead favoring one theory and relegating the other to a few pages that are poorly integrated with the overall macro model. We also knew that our efforts to reflect modern macroeconomics would be wasted if we reached only a small percentage of the students. We had to make the material simpler, more compelling, and more intuitive. By boiling the Solow model down to its essence and by providing multiple paths through the material, we have made it accessible to all principles students. Our modern approach to business fluctuations is also simpler and yet more advanced at the same time. It is simpler because we model business fluctuations as fluctuations in the growth rate of output, rather than in the level of output. That creates a natural progression from growth theory to business fluctuations. It is simpler because we develop our balanced approach to Real Business Cycles and New Keynesian economics within a single, unified dynamic AD-AS model. And no other textbook offers the same depth of analysis of monetary and fiscal policy in response to both real and nominal shocks. That's why we call our text Modern Principles: Macroeconomics. We have taken recent advances in how economists think and describe macroeconomics and we have integrated them throughout the text. Growth theory is given full treatment and it is integrated with our dynamic macroeconomic model. Insights from Real Business Cycle theory and New Keynesian theory appear early in the text, not tacked on at the end as an afterthought. We are certain you will see that this text provides the best coverage of the new principles that macroeconomists use today.
Tyler Cowen is Holbert C. Harris Professor of Economics at George Mason University and Director of the Mercatus Center and the James M. Buchanan Center for Political Economy. With Alex Tabarrok he co-writes the Marginal Revolution blog, often ranked as the #1 economics blog.
Alex Tabarrok is Bartley J. Madden Chair in Economics at the Mercatus Center at George Mason University and director of research for The Independent Institute. Tabarrok is co-author with Tyler Cowen of the popular economics blog, Marginal Revolution.
Titolo: Modern Principles
Casa editrice: Macmillan Higher Education
Data di pubblicazione: 2014
Condizione libro: New
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Descrizione libro Condizione: Good. [ No Hassle 30 Day Returns ][ Ships Daily ] [ Underlining/Highlighting: NONE ] [ Writing: NONE ] [ Edition: Third ] Publisher: Worth Publishers Pub Date: 12/12/2014 Binding: Paperback Pages: 474 Third edition. Codice articolo 5922792
Descrizione libro Condizione: Good. [ No Hassle 30 Day Returns ][ Ships Daily ] [ Underlining/Highlighting: NONE ] [ Writing: NONE ] [ Edition: Third ] Publisher: Worth Publishers Pub Date: 12/12/2014 Binding: Paperback Pages: 474 Third edition. Codice articolo 5922789
Descrizione libro Condizione: Good. [ No Hassle 30 Day Returns ][ Ships Daily ] [ Underlining/Highlighting: NONE ] [ Writing: NONE ] [ Edition: Third ] Publisher: Worth Publishers Pub Date: 12/12/2014 Binding: Paperback Pages: 474 Third edition. Codice articolo 5922785
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Descrizione libro Worth Publishers, 2014. Condizione: Good. A+ Customer service! Satisfaction Guaranteed! Book is in Used-Good condition. Pages and cover are clean and intact. Used items may not include supplementary materials such as CDs or access codes. May show signs of minor shelf wear and contain limited notes and highlighting. Codice articolo 1429278404-2-4