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Macroeconomic Theory

Jean-Pascal Benassy

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Abstract: This book is a primer in the graduate macroeconomics. Starting from the macroeconomic fundamentals of science and develops the central themes of modern macroeconomic theory in a simple and rigorous. All main topics for the first year students are covered. These include rational expectations, intertemporal dynamic models, exogenous and endogenous growth, nonclearing markets and imperfect competition, uncertainty and money. The book also contains real business cycles by integrating and DSGE growth and fluctuations, sticky wages and prices, consumption and investment, and unemployment. Finally, the study of government policy, stabilization, credibility, and the connections between politics and macroeconomics. Each topic is presented in the model as simple as possible, while the hits and keep strict bases throughout the book. To the book completely independent, there is a mathematical appendix, which provides all the necessary mathematical results.

Keywords: Macroeconomic (search for similar items in EconPapers)
Date: 2011-04
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Citations: View citations in EconPapers (10)

Published in Oxford University Press, pp.608, 2011

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