A Neo Keynesian Theory of Income Prices and Economic Growth

The purposes of this study are to delineate the mechanism of income and prices determination, to investigate processes of cyclical fluctuations, inflation and economic growth, and concomitantly, to combine the micro-analytic point of view ...

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Author: Shōzaburō Fujino

Publisher:

ISBN: UOM:39015062920015

Category: Economic development

Page: 206

View: 284

The purposes of this study are to delineate the mechanism of income and prices determination, to investigate processes of cyclical fluctuations, inflation and economic growth, and concomitantly, to combine the micro-analytic point of view with the macro-analytic one and to relate the short-run analysis to the long-run analysis of the economy as far as is feasible under the confines of this investigation.

A Macroeconomics Reader

This book will be an essential guide for students and lecturers in the field of macroeconomics as well as those interested in the history of economic thought.

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Author: Brian Snowdon

Publisher: Routledge

ISBN: 9781134729098

Category: Business & Economics

Page: 688

View: 103

A Macroeconomics Reader brings together a collection of key readings in modern macroeconomics. Each article has been carefully chosen to provide the reader with accessible, non-technical, and reflective papers which critically assess important areas and current controversies within modern macroeconomics. The book is divided into six parts, each with a separate introduction highlighting the relevance of the ensuing articles. The areas covered include: Keynes's General Theory, Keynesian economics and the Keynesian revolution; monetarism; rational expectations and new classical macroeconomics; real business cycle approaches: New Keynesian economics: economic growth. This book will be an essential guide for students and lecturers in the field of macroeconomics as well as those interested in the history of economic thought.

Contemporary Macroeconomic Theory and Policy

This Book Is An Exhaustive Study Of Current Macroeconomic Theory.

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Author: Raghbendra Jha

Publisher: New Age International

ISBN: 8122401457

Category: Macroeconomics

Page: 417

View: 751

This Book Is An Exhaustive Study Of Current Macroeconomic Theory. It Starts From The First Principles Of Macroeconomics In Part I And Develops The Orthodox Keynesian Approach With Fixed And Flexible Prices In Part Ii. In Part Iii The Author Discusses The Modem Theories Of Inflation And Unemployment. Among The Topics Covered Are Phillips Curves And Natural Rate Of Unemployment, The Accelerationist Controversy, Rational Expectations, Staggered Wage Setting And New Classical Macroeconomics.In Part Iv The Theoretical Underpinnings Of Key Empirical Macro Relations Such As The Consumption Function, Investment Function, And Demand And Supply Of Money Are Discussed. Part V Concentrates On Open Economy Aspects Of Macroeconomics. Both Current Account And Asset Balance Approaches Are Discussed And There Is An Exhaustive Treatment Of Policy Making In Open Economies. Part Vi Considers Medium Term Dynamics Of The Public Debt And Business Cycles. Part Vii Concentrates On Real And Monetary Growth And Also Considers Optimal Economic Growth. Part Viii Considers Two Important Issues In Current Research And Debate: Stagflation, And New Keynesian Theory.This Book Has Been Written Primarly As A Text For Postgraduate And Upper Level Undergraduate Students. It Is Also Very Useful For Policy Makers And Research Students.

Economic Growth

Focuses on the nature, causes and features of economic growth across a range of countries and regions.

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Author: Philip Arestis

Publisher: Edward Elgar Publishing

ISBN: 1847205216

Category: Business & Economics

Page: 344

View: 486

Focuses on the nature, causes and features of economic growth across a range of countries and regions. This title covers a variety of growth related topics - from theoretical analyses of economic growth in general to empirical analyses of growth in the OECD, transition economies and developing economies. This enlightening and significant new volume focuses on the nature, causes and features of economic growth across a wide range of countries and regions. Covering a variety of growth related topics - from theoretical analyses of economic growth in general to empirical analyses of growth in the OECD, transition economies and developing economies - the distinguished cast of contributors address some of the most important contemporary issues and developments in the field. These include, amongst others: endogenous growth theory, Keynesian theories of the business cycle and growth, unemployment and growth, FDI and productivity spillovers, and knowledge externalities and growth. This useful analysis of the many facets of economic growth will be an essential read for those interested in economic theory and economic policy-making, as well as students and scholars of macroeconomics and finance.

Making Of Economics The 4th Edition Vol Ii The Modern Superstructure

'; Although designed to be used with Volume I, it can also stand alone as a text or textbook supplement for a wide range of courses in economics and finance.This book is also available as a .

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Author: Canterbery E Ray

Publisher: World Scientific Publishing Company

ISBN: 9789813107342

Category: Business & Economics

Page: 252

View: 480

Volume II in The Making of Economics, 4th Edition series fills a major gap in the literature of economics, providing in brief fashion a complete treatment of high theory in economics. Like Volume I, the book is accessible to the intelligent reader, be they advanced undergraduate or graduate students, laypeople, or professors of economics and finance. The author walks the reader through the maze of contemporary economics, acquainting them with the most up-to-date theories as well as recent economic history. The learning tasks are eased by volleys of examples as well as dramatic illustrations. The progression is from neoclassical Keynesian economics to monetarism, continuing with mathematical economics and econometrics, the theory of economic growth, the new classical economics, game theory, experimental economics, and global economics. For example, common threads between Smithian classical economics and new classical economics are woven into the fabric of discussions directing the way to the higher theory. The new chapters on mathematics and econometrics, game theory, experimental economics, and globalization are not to be found in other surveys of what the author calls the ';Modern Superstructure of Economics.'; Although designed to be used with Volume I, it can also stand alone as a text or textbook supplement for a wide range of courses in economics and finance.This book is also available as a .

Macroeconomics

The Williamson text provides a modern approach to macroeconomics in which core economic theory is explained with a focus on the micro foundations of macroeconomic theory.

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Author: Stephen D. Williamson

Publisher:

ISBN: 0133847144

Category: Macroeconomics

Page: 634

View: 231

The Williamson text provides a modern approach to macroeconomics in which core economic theory is explained with a focus on the micro foundations of macroeconomic theory. Williamson uses the fundamental concepts learned in microeconomics to understand macroeconomics. KEY TOPICS: Introduction; Measurement; Business Cycle Measurement; Consumer and Firm Behaviour: The Work-Leisure Decision and Profit Maximization; A Closed-Economy One-Period Macroeconomic Model; Search and Unemployment; Economic Growth: Malthus and Solow; Income Disparity Among Countries and Endogenous Growth; A Two-Period Model: The Consumption-Savings Decision and Credit Markets; Credit Market Imperfections: Credit Frictions, Financial Crises, and Social Security; A Real Intertemporal Model with Investment; Money, Banking, Prices, and Monetary Policy; Business Cycle Models with Flexible Prices and Wages; New Keynesian Economics: Sticky Prices; Inflation: Phillips Curves and Neo-Fisherism; International Trade in Goods and Assets; Money in the Open Economy; Money, Inflation, and Banking MARKET: Appropriate for intermediate macroeconomics courses.

Economic Growth

The second edition corrects a few typographical errors and improves some notation. This is a book on deterministic and stochastic Growth Theory and the computational methods needed to produce numerical solutions.

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Author: Alfonso Novales

Publisher: Springer

ISBN: 9783642549502

Category: Business & Economics

Page: 558

View: 804

This is a book on deterministic and stochastic Growth Theory and the computational methods needed to produce numerical solutions. Exogenous and endogenous growth models are thoroughly reviewed. Special attention is paid to the use of these models for fiscal and monetary policy analysis. Modern Business Cycle Theory, the New Keynesian Macroeconomics, the class of Dynamic Stochastic General Equilibrium models, can be all considered as special cases of models of economic growth, and they can be analyzed by the theoretical and numerical procedures provided in the textbook. Analytical discussions are presented in full detail. The book is self contained and it is designed so that the student advances in the theoretical and the computational issues in parallel. EXCEL and Matlab files are provided on an accompanying website (see Preface to the Second Edition) to illustrate theoretical results as well as to simulate the effects of economic policy interventions. The structure of these program files is described in "Numerical exercise"-type of sections, where the output of these programs is also interpreted. The second edition corrects a few typographical errors and improves some notation.