05175nam 2201405 450 991078791370332120230125233013.01-60649-677-8(CKB)2670000000576296(EBL)1840750(SSID)ssj0001412088(PQKBManifestationID)11916473(PQKBTitleCode)TC0001412088(PQKBWorkID)11406119(PQKB)10369927(OCoLC)897846155(CaBNVSL)swl00404388(Au-PeEL)EBL1840750(CaPaEBR)ebr10991781(CaONFJC)MIL662051(CaSebORM)9781606496763(MiAaPQ)EBC1840750(EXLCZ)99267000000057629620141207d2015 fy 0engur|n|---|||||txtccrMacroeconomics integrating theory, policy and practice for a new era /David G. TuerckFirst edition.New York, New York (222 East 46th Street, New York, NY 10017) :Business Expert Press,2015.1 online resource (266 p.)Economics collection,2163-7628Part of: 2014 digital library.1-60649-676-X 1-322-30769-5 Includes bibliographical references (pages 243-245) and index.1. Introduction -- 2. Macro measurements -- 3. Individual equilibrium -- 4. Saving -- 5. Capital -- 6. Labor, production, and economic growth -- 7. Deficit spending -- 8. Taxes and the macroeconomy -- 9. Excess supply and excess demand -- 10. Equilibrium low employment -- 11. The great contraction -- 12. Lessons from recent macroeconomic policy making -- 13. The macroeconomic challenge -- References -- Index.Macroeconomics is the study of the economy as a whole and of work and saving choices of individual economic agents from which macroeconomic activity emerges. This book takes an integrative approach to that topic, showing how short-run and long-run forces operate simultaneously to determine the behavior of key economic indicators such as employment and real, inflation-adjusted GDP.2014 digital library.Economics collection.2163-7628Macroeconomicsaggregate demandaggregate supplybaseline scenariochain-weight methodclassical traditionCobb-Douglas production functioncompensated supply curveconsumption taxcontractive monetary and fiscal policycost of capitaldemand multiplierdepreciation ratediminishing marginal rate of substitutionexcess demandexcess supplyexpansive monetary and fiscal policyflat taxfrictional unemploymentfull employmentgolden rule of economic growthGreat Contractiongross national productincome effectindividual equilibriuminterest parity conditionintertemporal elasticity of substitutionINUSKeynesian scenariolabor force participation ratelabor incomeLaffer curveleisurelongrun aggregate supplymacro foundationsmarginal effective tax ratemarginal productmarginal propensity to consumemarginal propensity to producemarginal rate of substitutionmarginal utilitymicro foundations, moneynatural unemployment ratenet foreign investmentnew classical economicsnominal rate of returnnon-accelerating inflation rate of unemploymentnon- accelerating inflation rate of labor-force participationoutput supply multiplierPhillips curvepotential GDPpresent valuepurchasing power parityrate of time preferencereal rate of returnreplacement raterepressed inflationrepressed wagessaving rateself-reliance rateshort-run aggregate supplystabilization policiessteady state of economic growthstructural unemploymentsubstitution effectsupply side economicsuncompensated supply curveunemployment rateMacroeconomics.339Tuerck David G.1097778MiAaPQMiAaPQMiAaPQBOOK9910787913703321Macroeconomics3748949UNINA