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Author: Edouard Challe
Publisher: MIT Press
ISBN: 0262549298
Category : Business & Economics
Languages : en
Pages : 361
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Book Description
The basic tools for analyzing macroeconomic fluctuations and policies, applied to concrete issues and presented within an integrated New Keynesian framework. This textbook presents the basic tools for analyzing macroeconomic fluctuations and policies and applies them to contemporary issues. It employs a unified New Keynesian framework for understanding business cycles, major crises, and macroeconomic policies, introducing students to the approach most often used in academic macroeconomic analysis and by central banks and international institutions. The book addresses such topics as how recessions and crises spread; what instruments central banks and governments have to stimulate activity when private demand is weak; and what “unconventional” macroeconomic policies might work when conventional monetary policy loses its effectiveness (as has happened in many countries in the aftermath of the Great Recession.). The text introduces the foundations of modern business cycle theory through the notions of aggregate demand and aggregate supply, and then applies the theory to the study of regular business-cycle fluctuations in output, inflation, and employment. It considers conventional monetary and fiscal policies aimed at stabilizing the business cycle, and examines unconventional macroeconomic policies, including forward guidance and quantitative easing, in situations of “liquidity trap”—deep crises in which conventional policies are either ineffective or have very different effects than in normal time. This book is the first to use the New Keynesian framework at the advanced undergraduate level, connecting undergraduate learning not only with the more advanced tools taught at the graduate level but also with the large body of policy-oriented research in academic journals. End-of-chapter problems help students master the materials presented.
Author: Edouard Challe
Publisher: MIT Press
ISBN: 0262549298
Category : Business & Economics
Languages : en
Pages : 361
Get Book Here
Book Description
The basic tools for analyzing macroeconomic fluctuations and policies, applied to concrete issues and presented within an integrated New Keynesian framework. This textbook presents the basic tools for analyzing macroeconomic fluctuations and policies and applies them to contemporary issues. It employs a unified New Keynesian framework for understanding business cycles, major crises, and macroeconomic policies, introducing students to the approach most often used in academic macroeconomic analysis and by central banks and international institutions. The book addresses such topics as how recessions and crises spread; what instruments central banks and governments have to stimulate activity when private demand is weak; and what “unconventional” macroeconomic policies might work when conventional monetary policy loses its effectiveness (as has happened in many countries in the aftermath of the Great Recession.). The text introduces the foundations of modern business cycle theory through the notions of aggregate demand and aggregate supply, and then applies the theory to the study of regular business-cycle fluctuations in output, inflation, and employment. It considers conventional monetary and fiscal policies aimed at stabilizing the business cycle, and examines unconventional macroeconomic policies, including forward guidance and quantitative easing, in situations of “liquidity trap”—deep crises in which conventional policies are either ineffective or have very different effects than in normal time. This book is the first to use the New Keynesian framework at the advanced undergraduate level, connecting undergraduate learning not only with the more advanced tools taught at the graduate level but also with the large body of policy-oriented research in academic journals. End-of-chapter problems help students master the materials presented.
Author: Robert B. Carson
Publisher: Routledge
ISBN: 1317465792
Category : Business & Economics
Languages : en
Pages : 218
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Book Description
Now revised and updated to reflect critical changes in economic policy since the last edition, Macroeconomic Issues Today, Eighth Edition, provides Conservative, Liberal, and Radical interpretations and solutions for seven current macroeconomic issues, including all-new coverage of the Social Security debate. An instructor's manual with a test bank and discussion questions is available to professors who adopt the text, and PowerPoint downloads are available as teaching aids.
Author: Joseph E. Stiglitz
Publisher: Springer
ISBN: 113752958X
Category : Business & Economics
Languages : en
Pages : 212
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Book Description
In this edited collection, Joseph Stiglitz and Martin Guzman present a series of studies on contemporary macroeconomic issues. The book discusses a set of key lessons for macroeconomic theory following the recent global financial crisis and explores unconventional monetary policy in a post-crisis world. This volume is divided into five parts. The introduction includes keynote speeches by the Governors of the Bank of Japan and Central Bank of Jordan. Part one focuses on macroeconomic theory for understanding macroeconomic fluctuations and crises. Part two addresses the issue of the measurement of wealth. Part three discusses macroeconomic policies in times of crises. Finally, part four focuses on central banking and monetary policy.
Author: Roger LeRoy Miller
Publisher: Addison-Wesley Longman
ISBN:
Category : Business & Economics
Languages : en
Pages : 246
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Book Description
The Economics of Macro Issuesis a collection of brief, relevant readings that spark independent thinking and classroom discussions in principles of economics courses.The Miracle of Economic Growth:Rich Nation, Poor Nation; Return of the Luddites: Technophobia and Economic Growth; The Dragon and the Tigers: Economic Growth in Asia; Immigrants and Economic Growth; Outsourcing and Economic Growth; Poverty and Economic Growth.The Business Cycle, Unemployment, and Inflation:What’s in a Word? Plenty, If It’s the “R” Word; The Case of the Disappearing Workers; The Graying of the Workforce; The Problem with Deflation; The Problem with Inflation; Measuring GDP.Fiscal Policy:The Return of Big Government; The Myths of Social Security; Macro Disasters; The Brain Gain; Tax Cuts: When They Matter, When They Don’t; Simplifying the Federal Tax System (Don’t Hold Your Breath); Raising the Debt Ceiling-What’s a Few of Trillion Dollars, More or Less'.Monetary Policy and Financial Institutions:The Future of the Fed: New Economy Versus Inflation-targeting; Monetary Policy and Interest Rates; The Savings Glut; Beating the Market; Don’t Worry: Your Deposits are Insured.International Trade and Finance:The Opposition to Free ™ The $750,000 Job; The Trade Revolution in Textiles; The Trade Deficit; The Dollar versus the Euro: Winner Take All?For all readers interested in macroeconomic issues.
Author: Roger LeRoy Miller
Publisher: Addison Wesley Publishing Company
ISBN: 9780321197511
Category : Beskrivende økonomi
Languages : en
Pages : 0
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Book Description
Economics can be both entertaining and informative. This next text, by the authors of the market leading Economics of Public Issues, focuses solely on macroeconomic issues that include changes in the unemployment rate, inflation, the federal budget deficit, the international balance of payments, interest rates, and Social Security. This all-new text features 29 chapters that examine such compelling topics as the economics of an aging workforce, government spending and why it is growing so quickly, and the spread of overdraft charges.
Author: Leslie Lipschitz
Publisher: Cambridge University Press
ISBN: 1108568467
Category : Business & Economics
Languages : en
Pages : 312
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Book Description
Understanding macroeconomic developments and policies in the twenty-first century is daunting: policy-makers face the combined challenges of supporting economic activity and employment, keeping inflation low and risks of financial crises at bay, and navigating the ever-tighter linkages of globalization. Many professionals face demands to evaluate the implications of developments and policies for their business, financial, or public policy decisions. Macroeconomics for Professionals provides a concise, rigorous, yet intuitive framework for assessing a country's macroeconomic outlook and policies. Drawing on years of experience at the International Monetary Fund, Leslie Lipschitz and Susan Schadler have created an operating manual for professional applied economists and all those required to evaluate economic analysis.
Author: International Monetary Fund. Strategy, Policy, & Review Department
Publisher: International Monetary Fund
ISBN: 1498342310
Category : Business & Economics
Languages : en
Pages : 67
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Book Description
This paper reviews the macroeconomic characteristics and performance of small states and discusses ways in which the Fund’s engagement with these countries could be better tailored to meet their needs. The Fund previously examined small states issues in 2000, informed by a Joint Task Force Report of the Commonwealth Secretariat (CS) and World Bank. Small states continue to face many of the same challenges they did then, and the 2000 Small States Report remains the foundation for much of the work in this area, both inside and outside the Fund. However, the relative macroeconomic performance of small states has deteriorated since the late 1990s, and a fresh look is warranted.
Author: Nicholas Jewczyn
Publisher: iUniverse
ISBN: 144015497X
Category : Business & Economics
Languages : en
Pages : 226
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Book Description
Many consumers have been mystified by Economics in general and the economy in particular. This book finally lifts the veil of Economics and exposes the public to: the foundational theory of Economics by the primary theorists in the field; current, cutting-edge research; and some practical uses of the subject matter by businesspeople, the government and consumers. This book is a "must-read" for those interested in the foundations of our present economy and the knowledge necessary to understand the future of economic growth.
Author: Soumen Sikdar
Publisher: Oxford University Press
ISBN: 0190990848
Category : Business & Economics
Languages : en
Pages : 288
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Book Description
Principles of Macroeconomics is a lucid and concise introduction to the theoretical and practical aspects of macroeconomics. This revised and updated third edition covers key macroeconomic issues such as national income, investment, inflation, balance of payments, monetary and fiscal policies, economic growth and banking system. This book also explains the role of the government in guiding the economy along the path of stable prices, low unemployment, sustainable growth, and planned development through many India-centric examples. Special attention has been given to macroeconomic management in a country linked to the global economy. This reader-friendly book presents a wide coverage of relevant themes, updated statistics, chapter-end exercises, and summary points modelled on the Indian context. It will serve as an indispensable introductory resource for students and teachers of macroeconomics.
Author: Wendy Carlin
Publisher: Oxford University Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 866
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Book Description
This volume provides a unified framework for the analysis of short- and medium-run macroeconomics. It develops a core New Keynesian macro model based on imperfect competition and nominal rigidities and shows how this compares with alternatives.
