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Macroeconomics

Опубликовано на портале: 30-08-2003
Boston: Addison-Wesley, 2001, 672 с.
Тематический раздел:
Williamson offers a truly contemporary approach to intermediate macroeconomics that builds macro models from micro principles - an approach consistent with how macro research is done today. Strong theoretical underpinnings are balanced by real-world applications in two features - Theory Confronts the Data and Macroeconomics in Action.

Built on the premise that undergraduate intermediate macroeconomics should be taught similarly to how modern macroeconomics research and graduate teaching are done, this book presents a modern approach to macroeconomics, built up from microeconomic principles. The approach to macroeconomics is designed not to be biased toward any particular school of thought. The focus is on the market clearing approach, but with a more central treatment of Keynesian analysis. For those who don't think Keynesian approaches satisfactory, they can be omitted without loss of continuity.
  1. INTRODUCTION AND MEASUREMENT ISSUES.
    1. Introduction.
    2. Measurement.
    3. Business Cycle Measurement.
  2. A ONE-PERIOD MODEL OF THE MACROECONOMY.
    1. Consumer and Firm Behavior: The Work-Leisure Decision and Profit Maximization.
    2. A Closed-Economy One-Period Macroeconomic Model.
  3. SAVINGS, GOVERNMENT DEFICITS, INVESTMENT, AND GROWTH.
    1. A Two-Period Model: The Consumption-Savings Decision and Ricardian Equivalence.
    2. A Real Intertemporal Model with Investment.
    3. Economic Growth.
  4. MONEY AND BUSINESS CYCLES.
    1. A Monetary Intertemporal Model: The Neutrality of Money, Long-Run Inflation, and Money Demand.
    2. Keynesian Business Cycle Theory: The Sticky Wage Model.
    3. Market-Clearing Models of the Business Cycle.
  5. INTERNATIONAL MACROECONOMICS.
    1. International Trade in Goods and Assets.
    2. Money in the Open Economy.
  6. MONEY, BANKING, UNEMPLOYMENT, AND INFLATION.
    1. . Money, Private Banking, and Central Banking.
    2. Unemployment: Search and Efficiency Wages.
    3. Inflation, the Phillips Curve, and Central Bank Commitment.

    Mathematical Appendix.

    Index.