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Author : Peter Kennedy
Publisher : MIT Press
Page : 436 pages
File Size : 50,8 Mb
Release : 2000
Category : Business & Economics
ISBN : 0262611503
This book offers a clear exposition of introductory macroeconomic theory along with more than 600 one- or two-sentence "news clips" that serve as illustrations and exercises.
Author : Peter E. Kennedy,Jay Prag
Publisher : MIT Press
Page : 470 pages
File Size : 52,9 Mb
Release : 2017-08-11
Category : Business & Economics
ISBN : 9780262533348
The new edition of a concise and nontechnical but rigorous introductory text that emphasizes fundamental concepts and real-world applications, thoroughly revised and updated. This introductory text offers an alternative to the encyclopedic, technically oriented approach taken by traditional textbooks on macroeconomic principles. Concise and nontechnical but rigorous, its goal is not to teach students to shift curves on diagrams but to help them understand fundamental macroeconomic concepts and their real-world applications. It accomplishes this by providing a clear exposition of introductory macroeconomic theory along with more than 700 one- or two-sentence “news clips,” based on economics media coverage, as illustrations or student exercises. Although the writing is accessible, end-of-chapter questions are challenging, requiring a thorough understanding of related macroeconomic concepts, critical-thinking skills, and an ability to make connections to the real world. This fourth edition has been thoroughly revised and updated, with new material on such topics as aggregate supply and demand, supply-side models, recent issues faced by the Federal Reserve, the role of government, and “burst bubbles.” The more challenging end-of-chapter questions are separated out, and news clip questions have been added that refer to recent events. Optional chapter appendixes offer technical material; other appendixes provide answers to sample exam questions and to even-numbered end-of-chapter questions. Text boxes (“curiosities”) offer short expositions of related topics. The book can be used as a text for principles of macroeconomics and applied macroeconomics courses, as a supplementary text for a traditional macro-principles course, or for MBA macroeconomics courses.
Author : Peter Kennedy
Publisher : Unknown
Page : 466 pages
File Size : 44,5 Mb
Release : 2010
Category : Economic policy
ISBN : 0262289873
Author : Ola Olsson
Publisher : Routledge
Page : 152 pages
File Size : 44,6 Mb
Release : 2013-03-01
Category : Business & Economics
ISBN : 9781136494604
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 : Jay Prag
Publisher : MIT Press
Page : 248 pages
File Size : 40,5 Mb
Release : 2020-10-06
Category : Business & Economics
ISBN : 9780262539272
A concise and nontechnical introduction to microeconomics, emphasizing concepts over mathematics, with real-world examples and applications. This concise and nontechnical introduction to microeconomics emphasizes concepts over mathematics. Keeping in mind that sometimes the most accurate model is not very useful in the real world, Microeconomic Essentials balances economics as mathematics with economics as a social process. Microeconomics is part of daily life; gas prices, wage increases, the rising cost of health care, international trade: all are microeconomic topics. Therefore, like its predecessor, Macroeconomic Essentials, this textbook accompanies its explanations with examples and real-world applications. The book covers the basic market model of supply and demand, showing how this “powerhouse” model can explain most price changes in the market. It discusses government intervention in the market; consumer theory and utility maximization, considering both concepts and real-world issues; the theory of the firm, “de-mathematizing” marginal revenue, marginal cost, and other topics; monopolies; perfect competition; and imperfect competition and oligopolies, as illustrated by OPEC, Coke, and Pepsi. It discusses game theory, reviewing the familiar models and concepts—while cautioning that game theory is best thought of as “a state of mind”; input markets; welfare and public economics, applying the tools presented in previous chapters; and international trade. Each chapter ends with examples and exercises. Appendixes supply answers to sample exam questions and solutions to even-numbered exercises.
Author : Robert Rycroft
Publisher : Research & Education Assoc.
Page : 124 pages
File Size : 49,5 Mb
Release : 2013-01-01
Category : Business & Economics
ISBN : 9780738670980
REA’s Essentials provide quick and easy access to critical information in a variety of different fields, ranging from the most basic to the most advanced. As its name implies, these concise, comprehensive study guides summarize the essentials of the field covered. Essentials are helpful when preparing for exams, doing homework and will remain a lasting reference source for students, teachers, and professionals. Macroeconomics I includes economic problems, demand and supply, economic systems, the private sector, the public sector, gross national product, macroeconomic problems, and macroeconomic models.
Author : Dr. Amlan Ray,Vibrant Publishers
Publisher : Vibrant Publishers
Page : 138 pages
File Size : 50,5 Mb
Release : 2023-11-02
Category : Business & Economics
ISBN : 9781636511825
Macroeconomics Essentials You Always Wanted To Know is an introduction to the requisites of macroeconomics, for beginners and veterans alike. Learn the concepts of macroeconomics and the logic behind various economic policies adopted at national and global levels. Macroeconomics Essentials You Always Wanted To Know sheds light on the essential concepts of macroeconomics and how they affect the performance and decision-making of economies. It is imperative for entrepreneurs to understand macroeconomic basics to follow policy matters. This book will fulfill this particular need of entrepreneurs and business professionals. It will also help students of the subject brush up on the fundamentals and have a more comprehensive grasp of the advanced topics, and it will help students new to the subject get a headstart and be at par with their peers. It will help the readers by i. Providing them with an understanding of the basic concepts of macroeconomics ii. Enlightening them about topics like savings, consumption and investment iii. Explaining to them the concepts of money and modern banking iv. Shedding light on how macroeconomic policies are formed and how they impact the world The book also covers topics like external trade, foreign exchange markets, multilateralism in macroeconomics, business policies, and the measurement of national income. It describes the usage of essential formulas for calculations, and provides a summary at the end of every chapter, along with questions to help readers test and enhance their knowledge. The book is authored to make it easier for people from various walks of life to get a firm grip on macroeconomics and how significantly it impacts our lives and the world we live in. The author, Dr. Amlan Ray has 27 years of experience working in corporate, consulting, training, and educational institutions (including A.V. Birla and the TATA group).
Author : Robert S. Rycroft
Publisher : Research & Education Assoc.
Page : 171 pages
File Size : 54,6 Mb
Release : 1989
Category : Business & Economics
ISBN : 0878917004
REA’s Essentials provide quick and easy access to critical information in a variety of different fields, ranging from the most basic to the most advanced. As its name implies, these concise, comprehensive study guides summarize the essentials of the field covered. Essentials are helpful when preparing for exams, doing homework and will remain a lasting reference source for students, teachers, and professionals. Macroeconomics I includes economic problems, demand and supply, economic systems, the private sector, the public sector, gross national product, macroeconomic problems, and macroeconomic models.
Author : Peter Kennedy
Publisher : Cambridge, Mass. : MIT Press
Page : 406 pages
File Size : 44,7 Mb
Release : 1997
Category : Economic policy
ISBN : 0262611287
"As so many readers of his little book on Econometrics have long known, Peter Kennedy has a special talent for presenting difficult concepts in ways that are clear and intuitively pleasing, while stressing rather than minimizing what is most important about the concepts. His new book on macroeconomic concepts and data that are widely reported in the media does the same thing, and provides a lot of nice examples, applications, and problems to boot. I'm sure it will find several grateful audiences." -- Mike Watts, Professor of Economics, Purdue University What do we want our students to be able to do upon completing an introductory course in macroeconomics--shift curves on diagrams or interpret media commentary on the economy? This book, an effort to lead students in the latter direction, offers a clear exposition of introductory macroeconomic theory along with more than 500 one- or two-sentence "news clips" that serve as illustrations and exercises. The author calls this approach "media economics" to distinguish it from the encyclopedic character of traditional texts. Although the book can be used as a macroeconomics principles text, it has been designed primarily for use as a supplement. It provides a guide to what the author calls the "really important" ideas of macroeconomics, with a strong connection to the real world. Thus many instructors will find the book suitable for use in courses enrolling business students. The method of presentation allows room for topics that are crucial for the interpretation of news commentary, but given inadequate coverage in traditional macroeconomics texts. Examples include the many roles ofnominal versus real interest rates, and international phenomena such as purchasing power parity. Despite its nontechnical presentation, the material in the book is quite challenging for students; to answer questions based on the news clips, students must truly understand the economic concepts and apply problem-solving skills rather than rote learning. This text, unlike existing economic texts, provides the student with a practical yet sophisticated grasp of the macroeconomic principles necessary to interpret media commentary. Multiple choice questions t/a this text
Author : Anonim
Publisher : Bookboon
Page : 165 pages
File Size : 53,9 Mb
Release : 2024-06-06
Category : Electronic
ISBN : 9788776815585
Author : Guillermo A. Calvo
Publisher : MIT Press
Page : 265 pages
File Size : 40,6 Mb
Release : 2016-11-04
Category : Business & Economics
ISBN : 9780262035415
An examination of Liquidity Crunch in triggering and characterizing financial crises. Since the subprime mortgage crisis that began in 2007, advanced economies have felt a nagging sense of insecurity. In parallel, the profession has witnessed phenomena that are alien to mainstream macroeconomic models. Financial crises are systemic, occurring simultaneously in different economies. In this book, Guillermo Calvo focuses on liquidity factors as a commonality in financial crises. Specifically, he examines the role of “liquidity crunch” in triggering crises. He also identifies a fundamental (but overlooked) idea in Keynes's General Theory, termed by Calvo the price theory of money, to rationalize the resiliency of the U.S. dollar when other dollar-backed assets suffered a devastating liquidity crunch. Calvo shows that a sharp focus on liquidity reveals some characteristics of liquid assets that are easy to miss otherwise. He argues for liquidity's centrality, presenting what he calls the Liquidity Approach. He shows that simple extensions of standard monetary models help rationalize the implications of the liquidity crunch, and then examines slightly more technical models that highlight liquidity issues. He explores the empirical effects of liquidity crunch by studying systemic sudden stops (of capital inflows), presuming that they are triggered by liquidity crunch-type phenomena.
Author : Mohammad Zoynul Abedin,M. Kabir Hassan,Petr Hajek,Mohammed Mohi Uddin
Publisher : Routledge
Page : 259 pages
File Size : 53,8 Mb
Release : 2021-06-20
Category : Business & Economics
ISBN : 9781000394115
• A useful guide to financial product modeling and to minimizing business risk and uncertainty • Looks at wide range of financial assets and markets and correlates them with enterprises’ profitability • Introduces advanced and novel machine learning techniques in finance such as Support Vector Machine, Neural Networks, Random Forest, K-Nearest Neighbors, Extreme Learning Machine, Deep Learning Approaches and applies them to analyze finance data sets • Real world applicable examples to further understanding
Author : James D Gwartney,Richard Stroup,J. R. Clark
Publisher : Academic Press
Page : 502 pages
File Size : 40,7 Mb
Release : 2014-05-10
Category : Business & Economics
ISBN : 9781483262949
Essentials of Economics, Second Edition is a text intended for a one-term course in economics for college students. It attempts to teach students of the analytic way of studying economics and provides the basics of the concept of political economy and uses this knowledge to explain the choice process in the public sector. The book presents a comprehensive survey of economics. It contains chapters that highlight the importance of the microincentive structure of macroeconomic markets; identifies the determinants of supply, as well as the impact of public policy on those determinants; and presents both adaptive and rational expectations theory. The linkage between production theory and the cost curves faced by the firm; examination of the market structure; and the role of regulation and deregulation are covered as well. Economics students will find the book very useful.
Author : Richard A. Bilas,Frank J. Alessio
Publisher : Business Publications, Incorporated
Page : 368 pages
File Size : 43,6 Mb
Release : 1974
Category : Business & Economics
ISBN : IND:32000000342404
Author : Regina Trevino
Publisher : Unknown
Page : 128 pages
File Size : 46,5 Mb
Release : 2019-11-30
Category : Electronic
ISBN : 1733331611
Essentials of Macroeconomics is an introduction to the study of macroeconomics. It lays the groundwork for concepts and tools that students will use throughout their academic and professional careers. The book presents and analyzes important macroeconomic theories through a series of formal models that are supplemented with examples and exercises. The presentation of the material is rigorous yet intuitive, to-the-point, and reader-friendly.