TY - DATA AU - Minford, Patrick AU - Peel, David TI - Advanced Macroeconomics : : A Primer SN - 9781788970983 U1 - 339 PY - 2019/// CY - Cheltenham PB - : Edward Elgar Publishing Limited KW - Economics KW - Macroeconomics N2 - 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 UR - http://ebookcentral.proquest.com/lib/iitjin/detail.action?docID=5759581&query=5759581 ER -