1.

Record Nr.

UNINA9910790708303321

Autore

Athreya Kartik B. <1971->

Titolo

Big ideas in macroeconomics : a nontechnical view / / Kartik B. Athreya

Pubbl/distr/stampa

Cambridge, Massachusetts : , : The MIT Press, , [2013]

©2013

ISBN

0-262-31441-X

0-262-52830-4

0-262-31440-1

Descrizione fisica

1 online resource (429 p.)

Disciplina

339

Soggetti

Macroeconomics

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

Introduction -- ; 1. The modern macroeconomic approach and the Arrow-Debreu-McKenzie model -- ; 2. Prices, efficiency, and macroeconomics -- ; 3. Macroeconomists, efficiency, and inequality -- ; 4. Macroeconomic shortcuts -- ; 5. Benchmark macroeconomic models and policy advice -- ; 6. Macroeconomic theory and recent events.

Sommario/riassunto

Macroeconomists have been caricatured either as credulous savants in love with the beauty of their mathematical models or as free-market fundamentalists who admit no doubt as to the market's wisdom. In this book, Kartik Athreya draws a truer picture, offering a nontechnical description of prominent ideas and models in macroeconomics, arguing for their value as interpretive tools as well as their policy relevance.