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Macroeconomic Analysis and Stabilization Policy

Macroeconomic Analysis and Stabilization Policy

Paperback

Economics

ISBN10: 0521291879
ISBN13: 9780521291873
Publisher: Cambridge University Press
Published: Aug 4 1977
Pages: 408
Weight: 1.31
Height: 0.91 Width: 6.00 Depth: 9.00
Language: English
The main focus of this book, first published in 1977, is the construction and analysis of an integrated macroeconomic model. In this exercise, four main aspects are stressed that has not previously received adequate textbook attention. The 'intrinsic dynamics' of the macroeconomic system are emphasized, as well as developments in inflation theory, particularly pertaining to the role of inflationary expectations. In addition, several chapters are devoted to the international aspects of macroeconomics, and their thorough coverage makes this book especially relevant to countries that are heavily dependant on international trade. Several aspects of stabilization policy are also discussed in detail, and an introduction to optimal stabilization theory is also provided. The book is appropriate to advanced undergraduate and postgraduate courses in macroeconomics.

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Economics