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Macroeconomic Theory - A Dynamic General Equilibrium Approach (Electronic book text, 2nd ed.)
Macroeconomic Theory - A Dynamic General Equilibrium Approach (Electronic book text, 2nd ed.): Michael Wickens
Macroeconomic Theory - A Dynamic General Equilibrium Approach (Electronic book text, 2nd ed.): Michael Wickens

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Macroeconomic Theory - A Dynamic General Equilibrium Approach (Electronic book text, 2nd ed.)

Michael Wickens

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"Macroeconomic Theory" is the most up-to-date graduate-level macroeconomics textbook available today. This revised second edition emphasizes the general equilibrium character of macroeconomics to explain effects across the whole economy while taking into account recent research in the field. It is the perfect resource for students and researchers seeking coverage of the most current developments in macroeconomics.

Michael Wickens lays out the core ideas of modern macroeconomics and its links with finance. He presents the simplest general equilibrium macroeconomic model for a closed economy, and then gradually develops a comprehensive model of the open economy. Every important topic is covered, including growth, business cycles, fiscal policy, taxation and debt finance, current account sustainability, and exchange-rate determination. There is also an up-to-date account of monetary policy through inflation targeting. Wickens addresses the interrelationships between macroeconomics and modern finance and shows how they affect stock, bond, and foreign-exchange markets. In this edition, he also examines issues raised by the most recent financial crisis, and two new chapters explore banks, financial intermediation, and unconventional monetary policy, as well as modern theories of unemployment. There is new material in most other chapters, including macrofinance models and inflation targeting when there are supply shocks. While the mathematics in the book is rigorous, the fundamental concepts presented make the text self-contained and easy to use. Accessible, comprehensive, and wide-ranging, "Macroeconomic Theory" is the standard book on the subject for students and economists.The most up-to-date graduate macroeconomics textbook available today General equilibrium macroeconomics and the latest advances covered fully and completely Two new chapters investigate banking and monetary policy, and unemployment Addresses questions raised by the recent financial crisis Web-based exercises with answers Extensive mathematical appendix for at-a-glance easy reference

This book has been adopted as a textbook at the following universities: American University Bentley College Brandeis University Brigham Young University California Lutheran University California State University - Sacramento Cardiff University Carleton University Colorado College Fordham University London Metropolitan University New York University Northeastern University Ohio University - Main Campus San Diego State University St. Cloud State University State University Of New York - Amherst Campus State University Of New York - Buffalo North Campus Temple University - Main Texas Tech University University of Alberta University Of Notre Dame University Of Ottawa University Of Pittsburgh University Of South Florida - Tampa University Of Tennessee University Of Texas At Dallas University Of Washington University of Western Ontario Wesleyan University Western Nevada Community College

General

Imprint: Princeton University Press
Country of origin: United States
Release date: March 2012
Authors: Michael Wickens
Format: Electronic book text - Windows
Pages: 616
Edition: 2nd ed.
ISBN-13: 978-1-4008-4247-6
Barcode: 9781400842476
Categories: Promotions
Books
LSN: 1-4008-4247-6

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