Modern Macroeconomics

Released on by Sanjay K. Chugh
preview-18

  • Modern Macroeconomics Book Detail

  • Author : Sanjay K. Chugh
  • Release Date : 2015-10-16
  • Publisher : MIT Press
  • Genre : Business & Economics
  • Pages : 549
  • ISBN 13 : 0262029375
  • File Size : 45,45 MB
DOWNLOAD BOOK

Modern Macroeconomics by Sanjay K. Chugh PDF Summary

Book Description: A textbook that approaches modern macroeconomics through its microeconomic foundations, with an emphasis on financial market connections and policy applications. The modern study and analysis of macroeconomics begins by considering how microeconomic units—consumers and firms—make decisions, and then investigates how these choices interact to yield economy-wide outcomes. This innovative textbook takes this “modern” approach, teaching macroeconomics through its microeconomic foundations. It does so by adopting the representative agent paradigm. By modeling the representative consumer and the representative firm, students will learn to describe macroeconomic outcomes and consider the effects of macroeconomic policies. Unique in its coverage of monopolistic competition, financial markets, and the interaction of fiscal and monetary policy, Modern Macroeconomics is suitable for use in intermediate undergraduate, advanced undergraduate, and graduate level courses. The book first introduces the building blocks of macroeconomics, the heart of which is the representative consumer. It goes on to offer a brief history of macroeconomic thought, including supply-side economics, the Phillips curve, and the New Keynesian framework. It then covers two policy applications, monetary policy and the interaction of monetary and fiscal policy; optimal policy analysis for both the flexible price and the rigid price case; long-run steady states, treating the Solow growth framework and the neoclassical growth model; a search-and-matching framework for the analysis of unemployment; and the application of the tools of modern macroeconomics to “open economy,” or international macroeconomics. End-of-chapter problem sets enable students to apply the concepts they have learned. A separate Solutions Manual will be available for students to purchase. Teaching materials, including complete solutions and slides, will be available to qualified instructors.

Disclaimer: www.yourbookbest.com does not own Modern Macroeconomics books pdf, neither created or scanned. We just provide the link that is already available on the internet, public domain and in Google Drive. If any way it violates the law or has any issues, then kindly mail us via contact us page to request the removal of the link.

Modern Macroeconomics

Modern Macroeconomics

File Size : 23,23 MB
Total View : 2873 Views
DOWNLOAD

A textbook that approaches modern macroeconomics through its microeconomic foundations, with an emphasis on financial market connections and policy applications

Applied Intermediate Macroeconomics

Applied Intermediate Macroeconomics

File Size : 77,77 MB
Total View : 3553 Views
DOWNLOAD

A complete course in applied macroeconomics at the intermediate level that emphasizes the application of economic theory to real-world data and policy.

The Negative Mean Output Gap

The Negative Mean Output Gap

File Size : 13,13 MB
Total View : 6107 Views
DOWNLOAD

We argue that in an economy with downward nominal wage rigidity, the output gap is negative on average. Because it is more difficult to cut wages than to increa