Advanced Macroeconomics An Introduction For Undergraduates

Author : Angus Chi Ho Chu
Publisher : World Scientific
Page : 170 pages
File Size : 49,8 Mb
Release : 2020-10-06
Category : Business & Economics
ISBN : 9781786349149

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Advanced Macroeconomics: An Introduction For Undergraduates by Angus Chi Ho Chu Pdf

Foreword by Guido Cozzi (University of St. Gallen, Switzerland)Advanced Macroeconomics covers selected topics in advanced macroeconomics at undergraduate level and bridges the gap between intermediate macroeconomics for undergraduates and advanced macroeconomics for postgraduates. By building on materials in intermediate macroeconomics textbooks and covering the mathematics of some classic dynamic general-equilibrium models, this book will give undergraduate students a firm appreciation of modern developments in macroeconomics. This book examines the implications of government policies (such as fiscal policy, monetary policy and innovation policy) and devotes several chapters to economic growth, covering the ideas for which Paul Romer was awarded the Nobel Memorial Prize in Economic Sciences in 2018.Dynamic general equilibrium is the foundation of modern macroeconomics. Chapter 1 begins with a simple static model to demonstrate the concept of general equilibrium. Chapters 2 to 4 cover the neoclassical growth model, exploring the effects of exogenous changes in technology: an important source of business cycle fluctuations. Chapters 5 to 7 use the neoclassical growth model to explore the effects of fiscal policy instruments such as government spending, labour income tax and capital income tax. Chapter 8 develops a simple New Keynesian model to analyse the effects of monetary policy. Chapter 9 begins the analysis of economic growth by reviewing the Solow growth model. Chapters 10 to 12 present the Ramsey model and introduce different market structures to the model to lay down the foundation of the Romer model. Chapter 13 incorporates an R&D sector into the Ramsey model with a monopolistically competitive market structure to develop the Romer model of endogenous technological change. Chapters 14 to 15 examine the implications of the Romer model. Chapter 16 concludes this book by presenting the Schumpeterian growth model and examining its different implications from the Romer model.

Author : Peter Sørensen,Hans Whitta-Jacobsen
Publisher : McGraw Hill
Page : 850 pages
File Size : 42,8 Mb
Release : 2010-03-16
Category : Business & Economics
ISBN : 9780077140502

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EBOOK: Introducing Advanced Macroeconomics: Growth and Business Cycles by Peter Sørensen,Hans Whitta-Jacobsen Pdf

Introducing Advanced Macroeconomics: Growth and Business Cycles, 2nd edition provides students with a thorough understanding of fundamental models in macroeconomics and introduces them to methods of formal macroeconomic analysis. Split into two sections, the first half of the book focuses on macroeconomics for the long run, introducing and developing basic models of growth and structural unemployment. The second half of the book deals with the economy in the short run, focusing on the explanation of business fluctuations. This new edition retains the popular pitch and level established in the 1st edition and continues to bridge the gap between intermediate macroeconomics texts and more advanced textbooks.

Author : Filipe R. Campante,Federico Sturzenegger,Andrés Velasco
Publisher : LSE Press
Page : 420 pages
File Size : 51,9 Mb
Release : 2021-10-11
Category : Business & Economics
ISBN : 9781909890701

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Advanced Macroeconomics by Filipe R. Campante,Federico Sturzenegger,Andrés Velasco Pdf

Macroeconomic policy is one of the most important policy domains, and the tools of macroeconomics are among the most valuable for policy makers. Yet there has been, up to now, a wide gulf between the level at which macroeconomics is taught at the undergraduate level and the level at which it is practiced. At the same time, doctoral-level textbooks are usually not targeted at a policy audience, making advanced macroeconomics less accessible to current and aspiring practitioners. This book, born out of the Masters course the authors taught for many years at the Harvard Kennedy School, fills this gap. It introduces the tools of dynamic optimization in the context of economic growth, and then applies them to a wide range of policy questions – ranging from pensions, consumption, investment and finance, to the most recent developments in fiscal and monetary policy. It does so with the requisite rigor, but also with a light touch, and an unyielding focus on their application to policy-making, as befits the authors’ own practical experience. Advanced Macroeconomics: An Easy Guide is bound to become a great resource for graduate and advanced undergraduate students, and practitioners alike.

Author : Peter Birch Sorensen,Hans Jørgen Whitta-Jacobsen
Publisher : McGraw-Hill/Irwin
Page : 869 pages
File Size : 53,9 Mb
Release : 2005
Category : Business & Economics
ISBN : 0073402877

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Introducing Advanced Macroeconomics by Peter Birch Sorensen,Hans Jørgen Whitta-Jacobsen Pdf

Aimed at the advanced undergraduate student, Introducing Advanced Macroeconomics: Growth and Business Cycles bridges the gap between intermediate macroeconomics texts and more advanced macroeconomics texts, something not currently available in the market. The text seeks to give students a thorough understanding of some fundamental workhorse models in macroeconomics and to introduce them to methods of formal macroeconomics analysis, without requiring too many technical skills. The first half of the book focuses on macroeconomics for the long run, introducing and developing the basic Solow model. While the second half of the book deals with the economy in the short run, focussing on the explanation of business fluctuations.

Author : Patrick Minford,David Peel
Publisher : Edward Elgar Publishing
Page : 578 pages
File Size : 41,9 Mb
Release : 2019
Category : Macroeconomics
ISBN : 9781788970983

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Advanced Macroeconomics by Patrick Minford,David Peel Pdf

This is a newly revised second edition of a key macroeconomic textbook. After explaining the historical development of the subject, they show how rational expectations are handled in macro models. The importance of structural micro-founded models is explained, with key examples of such structural models examined in detail and with extensions to the open economy; policy implications are highlighted throughout. Methods for testing these models against macro data behaviour are explained, detailing the latest evidence on these models' success.

Author : David Romer
Publisher : McGraw-Hill/Irwin
Page : 680 pages
File Size : 54,5 Mb
Release : 2001
Category : Business & Economics
ISBN : STANFORD:36105025986865

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Advanced Macroeconomics by David Romer Pdf

This text helps lay the groundwork for students to begin doing research in macroeconomics and monetary economics. A series of formal models are used to present and analyse important macroeconomic theories. The theories are supplemented by examples of relevant empirical work, which illustrate the ways that theories can be applied and tested.

Author : Ola Olsson
Publisher : Routledge
Page : 184 pages
File Size : 48,8 Mb
Release : 2013-03-01
Category : Business & Economics
ISBN : 9781136494611

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Essentials of Advanced Macroeconomic Theory by Ola Olsson Pdf

Trying to summarize the essentials of macroeconomic theory in the wake of the financial crisis that has shaken not only Western economies but also the macroeconomic profession is no easy task. In particular, the notion that markets are self-correcting and always in equilibrium appears to have taken a heavy blow. However, the jury is still out on which areas should be considered as failures and what which constitute the future of research. The overall aim of this text is to provide a compact overview of the contributions that are currently regarded as the most important for macroeconomic analysis and to equip the reader with the essential theoretical knowledge that all advanced students in macroeconomics should be acquainted with. The result is a compact text that should act as the perfect complement to further study of macroeconomics: an introduction to the key concepts discussed in the journal literature and suitable for students from upper undergraduate level through to PhD courses.

Author : Peter Birch Sørensen,Hans Jørgen Whitta-Jacobsen
Publisher : McGraw-Hill Education
Page : 0 pages
File Size : 42,7 Mb
Release : 2010
Category : Business & Economics
ISBN : 0077117867

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Introducing Advanced Macroeconomics by Peter Birch Sørensen,Hans Jørgen Whitta-Jacobsen Pdf

Introducing Advanced Macroeconomics: Growth and Business Cycles, 2nd Edition provides students with a thorough understanding of fundamental models in macroeconomics and introduces them to methods of formal macroeconomic analysis. Split into two sections, the first half of the book focuses on macroeconomics for the long run, introducing and developing basic models of growth and structural unemployment. The second half of the book deals with the economy in the short run, focusing on the explanation of business fluctuations. This new edition retains the popular pitch and level established in the 1st edition and continues to bridge the gap between intermediate macroeconomics texts and more advanced textbooks.

Author : William M. Scarth
Publisher : Harcourt Brace Jovanovich Incorporated
Page : 232 pages
File Size : 41,9 Mb
Release : 1988
Category : Business & Economics
ISBN : UOM:39015015527032

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Macroeconomics by William M. Scarth Pdf

Author : Anelí Bongers,Trinidad Gómez,José L. Torres
Publisher : Vernon Press
Page : 320 pages
File Size : 43,9 Mb
Release : 2020-09-01
Category : Business & Economics
ISBN : 9781622739400

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An Introduction to Computational Macroeconomics by Anelí Bongers,Trinidad Gómez,José L. Torres Pdf

This book presents an introduction to computational macroeconomics, using a new approach to the study of dynamic macroeconomic models. It solves a variety of models in discrete time numerically, using a Microsoft Excel spreadsheet as a computer tool. The solved models include dynamic macroeconomic models with rational expectations, both non-microfounded and microfounded, constituting a novel approach that facilitates the learning and use of dynamic general equilibrium models, which have now become the principal tool for macroeconomic analysis. Spreadsheets are widely known and relatively easy to use, meaning that the computer skills needed to work with dynamic general equilibrium models are affordable for undergraduate students in Advanced Macroeconomics courses.

Author : Anonim
Publisher : Unknown
Page : 820 pages
File Size : 53,9 Mb
Release : 2010
Category : Business cycles
ISBN : 1283386089

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Introducing Advanced Macroeconomics by Anonim Pdf

Author : L. Randall Wray
Publisher : Springer
Page : 322 pages
File Size : 49,8 Mb
Release : 2015-09-22
Category : Business & Economics
ISBN : 9781137539922

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Modern Money Theory by L. Randall Wray Pdf

This second edition explores how money 'works' in the modern economy and synthesises the key principles of Modern Money Theory, exploring macro accounting, currency regimes and exchange rates in both the USA and developing nations.

Author : Kam Yu
Publisher : Springer Nature
Page : 214 pages
File Size : 49,7 Mb
Release : 2019-11-01
Category : Mathematics
ISBN : 9783030272890

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Mathematical Economics by Kam Yu Pdf

This textbook provides a one-semester introduction to mathematical economics for first year graduate and senior undergraduate students. Intended to fill the gap between typical liberal arts curriculum and the rigorous mathematical modeling of graduate study in economics, this text provides a concise introduction to the mathematics needed for core microeconomics, macroeconomics, and econometrics courses. Chapters 1 through 5 builds students’ skills in formal proof, axiomatic treatment of linear algebra, and elementary vector differentiation. Chapters 6 and 7 present the basic tools needed for microeconomic analysis. Chapter 8 provides a quick introduction to (or review of) probability theory. Chapter 9 introduces dynamic modeling, applicable in advanced macroeconomics courses. The materials assume prerequisites in undergraduate calculus and linear algebra. Each chapter includes in-text exercises and a solutions manual, making this text ideal for self-study.

Author : Max Gillman
Publisher : Financial Times/Prentice Hall
Page : 0 pages
File Size : 50,8 Mb
Release : 2011
Category : Macroeconomics
ISBN : 0273726528

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Advanced Modern Macroeconomics by Max Gillman Pdf

Modern Macroeconomics, by Max Gillman, takes a new and modern approach to macroeconomic theory using microeconomic foundations. Building from the standard neo-classical models, Gillman has developed a new dynamic model which works to explain business cycles and unemployment, why you can have a banking lead recession as well as fiscal and monetary policy. Although strong in mathematical rigour all calculations in this text are fully derived and graphs provide a direct representation making it accessible. This text is suitable for undergraduate students studying Advanced Macroeconomics courses.

Author : Pablo Kurlat
Publisher : Unknown
Page : 317 pages
File Size : 42,8 Mb
Release : 2020-01-14
Category : Electronic
ISBN : 1073566714

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A Course in Modern Macroeconomics by Pablo Kurlat Pdf

This book started as a collection of my teaching notes for the ECON 52 course that I taught at Stanford University. The objective of that course, and of this book, is to introduce students to the ideas and way of thinking of modern macroeconomics in a unified way that is accessible with a moderate amount of maths. Modern macroeconomics emphasizes explicit microeconomic foundations and general equilibrium analysis, combined with various kinds of constraints and market imperfections. When preparing the class I thought none of the existing textbooks conveyed this in a way that I liked, so I prepared my own notes, which then grew into this book. While mostly self-contained, the book is probably most useful to students who are familiar with the basics of multivariable calculus and have taken a calculus-based microeconomics class.