1.

Record Nr.

UNINA9910821779403321

Autore

Michl Thomas R.

Titolo

Macroeconomic theory : a short course / / Thomas R. Michl

Pubbl/distr/stampa

London ; ; New York : , : Routledge, , 2015

ISBN

1-317-46576-8

0-7656-1142-2

1-315-70274-6

1-317-46577-6

Edizione

[1st ed.]

Descrizione fisica

1 online resource (284 p.)

Disciplina

339/.01

339.01

339

Soggetti

Macroeconomics - Mathematical models

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

First published 2002 by M.E. Sharpe.

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

1. Macroeconomic accounting -- 2. Prices and output -- 3. Keynesian theory -- 4. The IS curve -- 5. The LM curve -- 6. The IS-LM model -- 7. The aggregate demand curve -- 8. The aggregate supply curve -- 9. The AS-AD model -- 10. Inflation and unemployement -- 11. A model with active monetary policy -- 12. Open economy basics -- 13. Fixed exchange rates -- 14. Flexible exchange rates -- 15. The classical growth model -- 16. The neoclassical growth model.

Sommario/riassunto

A look at all the key topics in intermediate-level macroeconomic theory with carefully chosen linear versions of the standard models of both the closed and the open economy. It requires no mathematical proficiency beyond high school level algebra, and has been thoroughly tested in the classroom.