Macroeconomic Theory
Jean-Pascal Benassy
Abstract
This book is a primer in macroeconomics. It starts from essential macroeconomics and develops the central topics of modern macroeconomic theory in a simple and rigorous manner. Topics covered include rational expectations, intertemporal dynamic models, exogenous and endogenous growth, nonclearing markets and imperfect competition, uncertainty, and money. The book also covers real business cycles and dynamic stochastic general equilibrium models, integrating growth and fluctuations, sticky wages and prices, consumption and investment, and unemployment. Lastly, it studies government policy, stab ... More
Keywords: macroeconomics, rational expectations, intertemporal dynamic model, exogenous growth, endogenous growth, nonclearing markets, imperfect competition, uncertainty, money
Bibliographic Information
| Print publication date: 2011 | Print ISBN-13: 9780195387711 |
| Published to Oxford Scholarship Online: April 2015 | DOI:10.1093/acprof:osobl/9780195387711.001.0001 |
