Macroeconomics : imperfections, institutions, and policies
- Delhi Oxford University Press 2010
- xxxviii + 810 p. 25 cm ; Pbk
Gratis Rs.515/-
1. Motivation for Macroeconomic Models 2. Aggregate Demand, aggregate supply and business cycles 3. Inflation unemployment and Monetary Rules 4. Labour Markets and supply side policies 5. Monetary Policy 6. Fiscal Policy 7. Consumption and Investment 8. Money and finance 9. The open economy in the short run 10. Inflation and unemployment in the open economy 11. Shocks and policy responses in the open economy 12. Interdependent economies 13. Exogenous growth theory 14. Endogenous and schumpeterian Growth 15. New Keynesian Micro foundations 16. Political economy 17. Performance and policy in Europe the USA and Japan 18. Unemployment: Institutions shocks and policies
Aims to provide a unified framework for the analysis of short- and medium-run macroeconomics. This book seeks to give students a model that they can use themselves to understand real-world macroeconomic behaviour and policy issues. It introduces a graphical model (IS/PC/MR) based on the 3-equation New Keynesian model used in modern macroeconomics