Advanced Macroeconomics : A Primer
Minford, Patrick
Advanced Macroeconomics : A Primer [Electronic Resource] / by Patrick Minford and David Peel. - 2nd Ed. - Cheltenham : Edward Elgar Publishing Limited, 2019 - 520p.
This is a newly revised second edition of a key macroeconomic textbook. After explaining the historical development of the subject, the authors show how rational expectations are handled in macro models. The importance of structural micro-founded models is explained, with key examples of such structural models examined in detail and with extensions to the open economy; policy implications are highlighted throughout. Methods for testing these models against macro data behaviour are explained, detailing the latest evidence on these models' success.
9781788970983
Economics
Macroeconomics
339 / M662A
Advanced Macroeconomics : A Primer [Electronic Resource] / by Patrick Minford and David Peel. - 2nd Ed. - Cheltenham : Edward Elgar Publishing Limited, 2019 - 520p.
This is a newly revised second edition of a key macroeconomic textbook. After explaining the historical development of the subject, the authors show how rational expectations are handled in macro models. The importance of structural micro-founded models is explained, with key examples of such structural models examined in detail and with extensions to the open economy; policy implications are highlighted throughout. Methods for testing these models against macro data behaviour are explained, detailing the latest evidence on these models' success.
9781788970983
Economics
Macroeconomics
339 / M662A