Macroeconomics: The Development of Modern Methods for Policy Analysis - Couverture souple

Scarth, William

 
9781781953884: Macroeconomics: The Development of Modern Methods for Policy Analysis

Synopsis

This important textbook offers a comprehensive look into the two main traditions in contemporary macroeconomics –- New Classical and Keynesian –- and examines the work of economists who have drawn on principles from both traditions to form a new, integrated approach known as New Neoclassical Synthesis. Importantly, this provides the theoretical foundation for much of current mainstream economics and the work done by central banks around the world. With a dual focus on research methods and policy applications, this book bridges the gap between intermediate macroeconomic and advanced graduate-level texts, making it an ideal resource for senior undergraduate and Masters students in applied economics programs.

Key topics include:•

  • a concise summary of intermediate macroeconomics, including the foundational ideas of both the New Classical and Keynesian traditions•
  • the Lucas critique of standard methods for evaluating policy design•
  • debt sustainability and austerity vs. stimulation debate•
  • optimal inflation rates•
  • tax reform and growth analysis•
  • alternative monetary policies for pursuing price stability•
  • theories of unemployment.

Students and instructors will find additional useful resources on the book’s companion website, including practice questions for each chapter.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

À propos de l?auteur

William Scarth, formerly Professor of Economics, McMaster University, Canada

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Autres éditions populaires du même titre

9781781953877: Macroeconomics: The Development of Modern Methods for Policy Analysis

Edition présentée

ISBN 10 :  1781953872 ISBN 13 :  9781781953877
Editeur : Edward Elgar Publishing Ltd, 2014
Couverture rigide