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Learning Basic Macroeconomics
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Book Synopsis Learning and Expectations in Macroeconomics by : George W. Evans
Download or read book Learning and Expectations in Macroeconomics written by George W. Evans and published by Princeton University Press. This book was released on 2012-01-06 with total page 440 pages. Available in PDF, EPUB and Kindle. Book excerpt: A crucial challenge for economists is figuring out how people interpret the world and form expectations that will likely influence their economic activity. Inflation, asset prices, exchange rates, investment, and consumption are just some of the economic variables that are largely explained by expectations. Here George Evans and Seppo Honkapohja bring new explanatory power to a variety of expectation formation models by focusing on the learning factor. Whereas the rational expectations paradigm offers the prevailing method to determining expectations, it assumes very theoretical knowledge on the part of economic actors. Evans and Honkapohja contribute to a growing body of research positing that households and firms learn by making forecasts using observed data, updating their forecast rules over time in response to errors. This book is the first systematic development of the new statistical learning approach. Depending on the particular economic structure, the economy may converge to a standard rational-expectations or a "rational bubble" solution, or exhibit persistent learning dynamics. The learning approach also provides tools to assess the importance of new models with expectational indeterminacy, in which expectations are an independent cause of macroeconomic fluctuations. Moreover, learning dynamics provide a theory for the evolution of expectations and selection between alternative equilibria, with implications for business cycles, asset price volatility, and policy. This book provides an authoritative treatment of this emerging field, developing the analytical techniques in detail and using them to synthesize and extend existing research.
Book Synopsis Principles of Macroeconomics by : Soumen Sikdar
Download or read book Principles of Macroeconomics written by Soumen Sikdar and published by Oxford University Press. This book was released on 2020-06-12 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: Principles of Macroeconomics is a lucid and concise introduction to the theoretical and practical aspects of macroeconomics. This revised and updated third edition covers key macroeconomic issues such as national income, investment, inflation, balance of payments, monetary and fiscal policies, economic growth and banking system. This book also explains the role of the government in guiding the economy along the path of stable prices, low unemployment, sustainable growth, and planned development through many India-centric examples. Special attention has been given to macroeconomic management in a country linked to the global economy. This reader-friendly book presents a wide coverage of relevant themes, updated statistics, chapter-end exercises, and summary points modelled on the Indian context. It will serve as an indispensable introductory resource for students and teachers of macroeconomics.
Book Synopsis Learning Basic Macroeconomics by : Hal W. Snarr
Download or read book Learning Basic Macroeconomics written by Hal W. Snarr and published by Business Expert Press. This book was released on 2014-10-31 with total page 159 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economics has been dubbed the “dismal science” since Thomas Carlyle coined the phrase in 1849. The 2008 presidential candidate who said, “Economics is something that I’ve really never understood,” probably sides with this view. So, why is economics so dismal to so many? Is it because it has become too mathematical? Is it because traditional textbooks fail to connect topics and models in a concise, cohesive, and meaningful way? Is it because the computer simulations that are used to teach economic principles “stifle students’ imagination, contribute to a dependent learning style, and fail to stimulate interest in the subject matter” (Wetzstein 1988)? Or, is it because economists from different schools of economic thought rarely agree on anything? This book uses MAPLE and the simulation models that I developed in Learning Basic Macroeconomics (2014) to make teaching or learning economics more favorable. MAPLE is ideally suited for this because it allows users to assemble and systematically combine the various models that form the aggregate market model, frees users from doing tedious calculations and algebraic manipulations, and is as easy to use as Microsoft WORD. Building and analyzing the macroeconomic model using MAPLE is a fun way to learn the dismal science of economics.
Book Synopsis A Concise Guide to Macroeconomics, Second Edition by : David Moss
Download or read book A Concise Guide to Macroeconomics, Second Edition written by David Moss and published by Harvard Business Review Press. This book was released on 2014-07-15 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: Understanding the Ground Rules for the Global Economy In this revised and updated edition of A Concise Guide to Macroeconomics, David A. Moss draws on his years of teaching at Harvard Business School to explain important macro concepts using clear and engaging language. This guidebook covers the essentials of macroeconomics and examines, in a simple and intuitive way, the core ideas of output, money, and expectations. Early chapters leave you with an understanding of everything from fiscal policy and central banking to business cycles and international trade. Later chapters provide a brief monetary history of the United States as well as the basics of macroeconomic accounting. You’ll learn why countries trade, why exchange rates move, and what makes an economy grow. Moss’s detailed examples will arm you with a clear picture of how the economy works and how key variables impact business and will equip you to anticipate and respond to major macroeconomic events, such as a sudden depreciation of the real exchange rate or a steep hike in the federal funds rate. Read this book from start to finish for a complete overview of macroeconomics, or use it as a reference when you’re confronted with specific challenges, like the need to make sense of monetary policy or to read a balance of payments statement. Either way, you’ll come away with a broad understanding of the subject and its key pieces, and you’ll be empowered to make smarter business decisions.
Book Synopsis Principles of Macroeconomics by : Thomas Kemp
Download or read book Principles of Macroeconomics written by Thomas Kemp and published by Cognella Academic Publishing. This book was released on 2015-12-31 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Basic Macroeconomics covers basic economic principles by teaching economics in the manner of the hard sciences, requiring students to use real data in the application of theory. Students also become familiar with the language of economics as it is used in today's media, which enhances their ability to understand current, real-world economic issues. The book is cleanly organized and explains the economy's role in society and how it is measured. Students also learn basic macroeconomic abstractions and how to develop and use basic economic models. The text applies these basic modeling techniques and the data to the conventional sectors of the economy including household, business, financial, government, and foreign sectors. The book concludes by examining economic policy and development in today's uncertain world. Basic Macroeconomics is the rare introductory text that emphasizes student interaction with real economic data and applied theory. The book is written for the freshman economics student in mind but will also prove helpful to the layperson wishing to better understand the field.
Book Synopsis Principles of Microeconomics 2e by : Steven A. Greenlaw
Download or read book Principles of Microeconomics 2e written by Steven A. Greenlaw and published by . This book was released on 2017-09-15 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Principles of Macroeconomics by : Douglas Curtis
Download or read book Principles of Macroeconomics written by Douglas Curtis and published by . This book was released on 2021 with total page 435 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Principles of Macroeconomics is an adaptation of the textbook, Macroeconomics: Theory, Markets, and Policy by D. Curtis and I. Irvine, and presents a complete and concise examination of introductory macroeconomics theory and policy suitable for a first introductory course. Examples are domestic and international in their subject matter and are of the modern era — financial markets, monetary and fiscal policies aimed at inflation and debt control, globalization and the importance of trade flows in economic structure, and concerns about slow growth and the risk of deflation, are included. This textbook is intended for a one-semester course, and can be used in a two-semester sequence with the companion textbook, Principles of Microeconomics. The three introductory chapters are common to both textbooks."--BCcampus website.
Book Synopsis Advanced Macroeconomics by : Filipe R. Campante
Download or read book Advanced Macroeconomics written by Filipe R. Campante and published by LSE Press. This book was released on 2021-10-11 with total page 420 pages. Available in PDF, EPUB and Kindle. Book excerpt: Macroeconomic policy is one of the most important policy domains, and the tools of macroeconomics are among the most valuable for policy makers. Yet there has been, up to now, a wide gulf between the level at which macroeconomics is taught at the undergraduate level and the level at which it is practiced. At the same time, doctoral-level textbooks are usually not targeted at a policy audience, making advanced macroeconomics less accessible to current and aspiring practitioners. This book, born out of the Masters course the authors taught for many years at the Harvard Kennedy School, fills this gap. It introduces the tools of dynamic optimization in the context of economic growth, and then applies them to a wide range of policy questions – ranging from pensions, consumption, investment and finance, to the most recent developments in fiscal and monetary policy. It does so with the requisite rigor, but also with a light touch, and an unyielding focus on their application to policy-making, as befits the authors’ own practical experience. Advanced Macroeconomics: An Easy Guide is bound to become a great resource for graduate and advanced undergraduate students, and practitioners alike.
Book Synopsis Macroeconomics for MBAs and Masters of Finance by : Morris A. Davis
Download or read book Macroeconomics for MBAs and Masters of Finance written by Morris A. Davis and published by Cambridge University Press. This book was released on 2009-11-12 with total page 245 pages. Available in PDF, EPUB and Kindle. Book excerpt: An innovative textbook that provides a concise explanation of the foundations of modern macroeconomic theory and its methods.
Download or read book Macroeconomics written by Wendy Carlin and published by Oxford University Press. This book was released on 2006 with total page 866 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume provides a unified framework for the analysis of short- and medium-run macroeconomics. It develops a core New Keynesian macro model based on imperfect competition and nominal rigidities and shows how this compares with alternatives.
Book Synopsis Basic Macroeconomics by : Thomas Kemp
Download or read book Basic Macroeconomics written by Thomas Kemp and published by . This book was released on 2023-08-11 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Basic Macroeconomics covers basic economic principles by teaching economics in the manner of the hard sciences, requiring students to use real data in the application of theory. Students also become familiar with the language of economics as it is used in today's media, which enhances their ability to understand current, real-world economic issues. The book is cleanly organized and explains the economy's role in society and how it is measured. Students also learn basic macroeconomic abstractions and how to develop and use basic economic models. The text applies these basic modeling techniques and the data to the conventional sectors of the economy including household, business, financial, government, and foreign sectors. The book concludes by examining economic policy and development in today's uncertain world. Basic Macroeconomics is the rare introductory text that emphasizes student interaction with real economic data and applied theory. The book is written for the freshman economics student in mind but will also prove helpful to the layperson wishing to better understand the field. Thomas Kemp received a Ph.D. in economics from Colorado State University. Currently Dr. Kemp is a professor of economics at the University of Wisconsin, Eau Claire, where he teaches courses in international trade and finance, public policy, and macroeconomics. His ongoing research interests include economic education, cost and damages estimation, and public policy design. Dr. Kemp has authored several policy papers and published in a variety of journals including the Journal of Economic Issues, Review of Social Economy, and The Review of Social Economics. He is also the author of Progress and Reform: The Economic Thought of John R. Commons."
Book Synopsis Principles of Macroeconomics by : Betsey Stevenson
Download or read book Principles of Macroeconomics written by Betsey Stevenson and published by Worth. This book was released on 2020-06-13 with total page 1000 pages. Available in PDF, EPUB and Kindle. Book excerpt: Betsey Stevenson and Justin Wolfers present a new synthesis of economic principles for a new generation of students. Their focus on useful economics employs compelling explanations and real-life examples to help students develop economic intuition and apply it to everyday decisions. The authors provide a fresh take on a wide range of principles topics and develop macroeconomics from its microfoundations in an engaging presentation that has drawn enthusiastic reviews from hundreds of instructors and thousands of students in pre-publication class-tests. In Principles of Macroeconomics, students will learn how the basic tools of economics can be applied to decisions that range from personal and professional goals to public policy and the broader economy. Combining fundamental theory with modern applications, familiar examples, and plenty of opportunities to practice using economic tools, Principles of Macroeconomics helps students to develop economic insight. Principles of Macroeconomics is available with SaplingPlus online learning system. Our integrated, online learning system combines powerful multimedia resources with an integrated e-Book, robust homework, and a wealth of interactives, creating an extraordinary new learning resource for students. Key features include: Online homework helps students get better grades with targeted instructional feedback tailored to the individual. Step-by-Step graphs break complex graphs and other figures into their component parts to help students understand how graphs are built and what they represent. Captions on each step help the students to understand what’s happening as the figures change. Decision Points allow students to explore their own decision-making process and how economic principles and thinking can inform their decisions. Students work step-by-step through decision-making scenarios, receiving feedback about how the economic principles did (or did not) play into their choices. Decision Points help students apply economic insights to their everyday lives. Find out more about SaplingPlus at www.macmillanihe.com/sapling.
Book Synopsis Basic Macroeconomics by : Dolan, Edwin G
Download or read book Basic Macroeconomics written by Dolan, Edwin G and published by Holt, Rinehart and Winston of Canada. This book was released on 1984-01-01 with total page 403 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Economics written by William J. Baumol and published by South-Western Pub. This book was released on 2003 with total page 772 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ever since the First Edition, Economics: Principles and Policy was predicated on the view that practical issues and developments in the economy should influence the content of an introductory economics course. This book contains its share of theoretical material. But the theory is not merely an exercise in making students miserable; it is driven by issues that are real and current. And every discussion of theory is related to applications, so as to offer students a continuing sense of the relevance of the material to reality. - Publisher.
Book Synopsis Advanced Macroeconomics by : David Romer
Download or read book Advanced Macroeconomics written by David Romer and published by McGraw-Hill/Irwin. This book was released on 2001 with total page 680 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text helps lay the groundwork for students to begin doing research in macroeconomics and monetary economics. A series of formal models are used to present and analyse important macroeconomic theories. The theories are supplemented by examples of relevant empirical work, which illustrate the ways that theories can be applied and tested.
Book Synopsis Monetary Policy and Interest Rates by : Riccardo Rovelli
Download or read book Monetary Policy and Interest Rates written by Riccardo Rovelli and published by Palgrave Macmillan. This book was released on 1998-09-14 with total page 295 pages. Available in PDF, EPUB and Kindle. Book excerpt: An authoritative examination for top international policymakers and academics conducting monetary policy arising from a conference organised by the Banca d'Italia. The yield curve - the relation among market interest rates of different maturities - is a key benchmark for evaluating investment strategies in the global financial market. To a growing extent, central banks use it to evaluate, explain to the public and monitor the results of policy decisions.
