Reintroducing Macroeconomics

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Reintroducing Macroeconomics

Author : Steven Mark Cohn
Publisher : Routledge
ISBN 13 : 1317461207
Total Pages : 582 pages
Book Rating : 4.3/5 (174 download)

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Book Synopsis Reintroducing Macroeconomics by : Steven Mark Cohn

Download or read book Reintroducing Macroeconomics written by Steven Mark Cohn and published by Routledge. This book was released on 2015-01-28 with total page 582 pages. Available in PDF, EPUB and Kindle. Book excerpt: This lively introduction to heterodox economics provides a balanced critique of the standard introductory macroeconomic curriculum. In clear and accessible prose, it explains many of the key principles that underlie a variety of alternative theoretical perspectives (including institutionalist economics, radical economics, Post Keynesian economics, feminist economics, ecological economics, Marxist economics, social economics, and socioeconomics). Because the book's structure parallels the chapters and subject matter presented in a typical introductory macroeconomics textbook, "Reintroducing Macroeconomics" provides readers with a running commentary on the standard approach, while simultaneously introducing them to a broader range of ideas about the causes and appropriate policy responses to a wide range of common economic problems. Although designed primarily as a companion volume for students in introductory economics courses, the book can also be used effectively for more targeted applications that highlight a particular economic issue or approach. It will be of particular interest to students in related disciplines (such as American Studies, anthropology, black studies, environmental studies, gender studies, history, political science, and sociology) who may be required to take introductory economics classes and who are interested in gaining an alternative perspective. By demonstrating the vitality and common ground underlying a broad spectrum of heterodox approaches, "Reintroducing Macroeconomics" brings alternative perspectives into the classroom in an accessible way that empowers students to think about the economy in new and exciting ways. The text includes end-of-chapter study questions, as well as a detailed note to instructors.

The Economics of Global Climatic Change

Author : Steve Cohn
Publisher : M.E. Sharpe
ISBN 13 : 9780765624376
Total Pages : 228 pages
Book Rating : 4.6/5 (243 download)

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Book Synopsis The Economics of Global Climatic Change by : Steve Cohn

Download or read book The Economics of Global Climatic Change written by Steve Cohn and published by M.E. Sharpe. This book was released on 2007 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: This lively introduction to heterdox economics provides a critique of the standard introductory macroeconomics curriculum from the perspective of another theoretical lens. It enables students and instructors to escape the confines that most standard textbooks impose on economic analysis, and allows them to pusue and support a broader range of ideas about the causes and appropriate policy responses to a wide range of economic concerns.

Rethinking Macroeconomics

Author : John F. McDonald
Publisher : Routledge
ISBN 13 : 1317242947
Total Pages : 196 pages
Book Rating : 4.3/5 (172 download)

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Book Synopsis Rethinking Macroeconomics by : John F. McDonald

Download or read book Rethinking Macroeconomics written by John F. McDonald and published by Routledge. This book was released on 2016-05-26 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: The field of macroeconomics has always played host to contesting schools of thought, but the recent Global Financial Crisis has exacerbated those differences. In order to fully understand macroeconomics at the introductory level, students need to be aware of these controversies. Rethinking Macroeconomics introduces students to the different schools of thought, equipping them with the knowledge needed for a real understanding of today’s macro economy. The text guides the reader through various approaches to the analysis of the macro economy of the U.S., before presenting the data for several critical economic episodes, in order to discover which analytical method provides the best explanation for each event. It covers key background information on topics such as the basics of supply and demand, macroeconomic data, international trade and the balance of payments, and the creation of the money supply. Offering the context that is missing from existing introductory macroeconomics texts, John F. McDonald encourages students to think critically about received economic wisdom. This text is the ideal complement to any introductory macroeconomics textbook and is best suited for undergraduate students who have had an introductory course in economics.

New Macroeconomics

Author : Apek Mulay
Publisher : Business Expert Press
ISBN 13 : 1947441132
Total Pages : 171 pages
Book Rating : 4.9/5 (474 download)

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Book Synopsis New Macroeconomics by : Apek Mulay

Download or read book New Macroeconomics written by Apek Mulay and published by Business Expert Press. This book was released on 2018-01-15 with total page 171 pages. Available in PDF, EPUB and Kindle. Book excerpt: According to the National Bureau of Economic Research (NBER), a deep recession started in the United States in December 2007 and ended in June 2009. However, most people recognize that even though the recession was said to be over, its after-effects lingered well into the next decade, and even in 2017, some ten years later, governments in America and around the world were struggling with problems of low growth, wage stagnation and high poverty. Most economists were caught off guard, and they began to look for new ideas that may be appropriately called NEW MACROECONOMICS. This book examines conventional economics in the context of recent developments. It shows that a new theory, known as the wage-productivity model, explains almost every macro-economic experience of the global economy since 1980. You have to read this theory to believe it. This theory will turn out to be more important than the Keynesian revolution.

Heterodox Macroeconomics

Author : Jonathan P. Goldstein
Publisher : Routledge
ISBN 13 : 1135968608
Total Pages : 355 pages
Book Rating : 4.1/5 (359 download)

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Book Synopsis Heterodox Macroeconomics by : Jonathan P. Goldstein

Download or read book Heterodox Macroeconomics written by Jonathan P. Goldstein and published by Routledge. This book was released on 2009-06-02 with total page 355 pages. Available in PDF, EPUB and Kindle. Book excerpt: Heterodox Macroeconomics offers a detailed understanding of the foundations of the recent global financial crisis. The chapters, from a selection of leading academics in the field of heterodox macroeconomics, carry out a synthesis of heterodox ideas that place financial instability, macroeconomic crisis, rising global inequality and a grasp of the perverse and pernicious qualities of global and domestic macroeconomic policy making since 1980 into a coherent perspective. It familiarizes the reader with the emerging unified theory of heterodox macroeconomics and its applications. The book is divided into four key sections: I) Heterodox Macroeconomics and the Keynes-Marx synthesis; II) Accumulation, Crisis and Instability; III) The Macrodynamics of the Neoliberal Regime; and IV) Heterodox Macroeconomic Policy. The essays include theoretical, international, historical, and country perspectives on financial fragility and macroeconomic instability.

Structural Macroeconometrics

Author : David N. DeJong
Publisher : Princeton University Press
ISBN 13 : 1400840503
Total Pages : 435 pages
Book Rating : 4.4/5 (8 download)

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Book Synopsis Structural Macroeconometrics by : David N. DeJong

Download or read book Structural Macroeconometrics written by David N. DeJong and published by Princeton University Press. This book was released on 2011-10-03 with total page 435 pages. Available in PDF, EPUB and Kindle. Book excerpt: The revised edition of the essential resource on macroeconometrics Structural Macroeconometrics provides a thorough overview and in-depth exploration of methodologies, models, and techniques used to analyze forces shaping national economies. In this thoroughly revised second edition, David DeJong and Chetan Dave emphasize time series econometrics and unite theoretical and empirical research, while taking into account important new advances in the field. The authors detail strategies for solving dynamic structural models and present the full range of methods for characterizing and evaluating empirical implications, including calibration exercises, method-of-moment procedures, and likelihood-based procedures, both classical and Bayesian. The authors look at recent strides that have been made to enhance numerical efficiency, consider the expanded applicability of dynamic factor models, and examine the use of alternative assumptions involving learning and rational inattention on the part of decision makers. The treatment of methodologies for obtaining nonlinear model representations has been expanded, and linear and nonlinear model representations are integrated throughout the text. The book offers a rich array of implementation algorithms, sample empirical applications, and supporting computer code. Structural Macroeconometrics is the ideal textbook for graduate students seeking an introduction to macroeconomics and econometrics, and for advanced students pursuing applied research in macroeconomics. The book's historical perspective, along with its broad presentation of alternative methodologies, makes it an indispensable resource for academics and professionals.

Unknown MIR Title

Author : Unknown Publisher
Publisher :
ISBN 13 : 9780765628077
Total Pages : pages
Book Rating : 4.6/5 (28 download)

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Book Synopsis Unknown MIR Title by : Unknown Publisher

Download or read book Unknown MIR Title written by Unknown Publisher and published by . This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This lively introduction to heterodox economics provides a balanced critique of the standard introductory macroeconomic curriculum. In clear and accessible prose, it explains many of the key principles that underlie a variety of alternative theoretical perspectives (including institutionalist economics, radical economics, Post Keynesian economics, feminist economics, ecological economics, Marxist economics, social economics, and socioeconomics). Because the book's structure parallels the chapters and subject matter presented in a typical introductory macroeconomics textbook, "Reintroducing Macroeconomics" provides readers with a running commentary on the standard approach, while simultaneously introducing them to a broader range of ideas about the causes and appropriate policy responses to a wide range of common economic problems. Although designed primarily as a companion volume for students in introductory economics courses, the book can also be used effectively for more targeted applications that highlight a particular economic issue or approach. It will be of particular interest to students in related disciplines (such as American Studies, anthropology, black studies, environmental studies, gender studies, history, political science, and sociology) who may be required to take introductory economics classes and who are interested in gaining an alternative perspective. By demonstrating the vitality and common ground underlying a broad spectrum of heterodox approaches, "Reintroducing Macroeconomics" brings alternative perspectives into the classroom in an accessible way that empowers students to think about the economy in new and exciting ways. The text includes end-of-chapter study questions, as well as a detailed note to instructors.

Rethinking Expectations

Author : Roman Frydman
Publisher : Princeton University Press
ISBN 13 : 1400846455
Total Pages : 441 pages
Book Rating : 4.4/5 (8 download)

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Book Synopsis Rethinking Expectations by : Roman Frydman

Download or read book Rethinking Expectations written by Roman Frydman and published by Princeton University Press. This book was released on 2013-01-23 with total page 441 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book originated from a 2010 conference marking the fortieth anniversary of the publication of the landmark "Phelps volume," Microeconomic Foundations of Employment and Inflation Theory, a book that is often credited with pioneering the currently dominant approach to macroeconomic analysis. However, in their provocative introductory essay, Roman Frydman and Edmund Phelps argue that the vast majority of macroeconomic and finance models developed over the last four decades derailed, rather than built on, the Phelps volume's "microfoundations" approach. Whereas the contributors to the 1970 volume recognized the fundamental importance of according market participants' expectations an autonomous role, contemporary models rely on the rational expectations hypothesis (REH), which rules out such a role by design. The financial crisis that began in 2007, preceded by a spectacular boom and bust in asset prices that REH models implied could never happen, has spurred a quest for fresh approaches to macroeconomic analysis. While the alternatives to REH presented in Rethinking Expectations differ from the approach taken in the original Phelps volume, they are notable for returning to its major theme: understanding aggregate outcomes requires according expectations an autonomous role. In the introductory essay, Frydman and Phelps interpret the various efforts to reconstruct the field--some of which promise to chart its direction for decades to come. The contributors include Philippe Aghion, Sheila Dow, George W. Evans, Roger E. A. Farmer, Roman Frydman, Michael D. Goldberg, Roger Guesnerie, Seppo Honkapohja, Katarina Juselius, Enisse Kharroubi, Blake LeBaron, Edmund S. Phelps, John B. Taylor, Michael Woodford, and Gylfi Zoega.

In Defense of Post-Keynesian and Heterodox Economics

Author : Frederic S. Lee
Publisher : Routledge
ISBN 13 : 1136215662
Total Pages : 282 pages
Book Rating : 4.1/5 (362 download)

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Book Synopsis In Defense of Post-Keynesian and Heterodox Economics by : Frederic S. Lee

Download or read book In Defense of Post-Keynesian and Heterodox Economics written by Frederic S. Lee and published by Routledge. This book was released on 2012-11-12 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt: Post-Keynesian and heterodox economics challenge the mainstream economics theories that dominate the teaching at universities and government economic policies. And it was these latter theories that helped to cause the great depression the United States and the rest of the world is in. However, most economists and the top 1% do not want mainstream theories challenged—for to do so would mean questioning why and how the 1% got where they are. Therefore, numerous efforts have been and are being made to discredit if not suppress Post-Keynesian and heterodox economics. These efforts have had some success; this book is a response to them. This book makes it clear that Post Keynesian/heterodox economics is, in spite of internal problems, a viable and important approach to economics and that it should resist the attempts of the critics to bury it. The reader will also find arguments that directly engage the critics and suggest that their views/criticisms are vacuous and wrong. As such, this will appeal to all who are interested in economic theory, economic history and who believe in challenging the orthodoxy.

Rethinking Macroeconomics for Sustainability

Author : Alejandro Nadal
Publisher : Bloomsbury Publishing
ISBN 13 : 1848135076
Total Pages : 247 pages
Book Rating : 4.8/5 (481 download)

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Book Synopsis Rethinking Macroeconomics for Sustainability by : Alejandro Nadal

Download or read book Rethinking Macroeconomics for Sustainability written by Alejandro Nadal and published by Bloomsbury Publishing. This book was released on 2011-01-13 with total page 247 pages. Available in PDF, EPUB and Kindle. Book excerpt: Macroeconomic policies have devastating effects on the environment. They shape the economic processes that drive deforestation, soil erosion, the exhaustion of living marine resources, greenhouse gas emissions, and the massive loss of biodiversity. Despite this, the vital connection between macroeconomic policies and the environment has thus far received little attention by the academic and the policy-making communities. Rethinking Macroeconomics for Sustainability reveals the linkages between monetary, financial and fiscal policies, and the environmental degradation that threatens the planet's biosphere. In doing so, it examines the complex lines of transmission from policy priorities all the way down to the effects at the local level, as well as analyzing the deep-seated relationship between macroeconomic policy models and their impacts on growth, peoples' livelihoods and the environment. Besides exploring the relation between macroeconomic and climate change policies, as well as efforts to 'green' the world economy, the book considers five key case studies in Latin American economies. Going beyond this, it also sets out specific policy recommendations, both at the national and international levels. All this is based on the incontrovertible premise that macroeconomic policies must to be redesigned in order to attain long-term sustainability objectives, and that monetary and fiscal policies are as important for environmental stewardship as they are for growth and prosperity.

The Handbook of Pluralist Economics Education

Author : Jack Reardon
Publisher : Routledge
ISBN 13 : 1135276021
Total Pages : 362 pages
Book Rating : 4.1/5 (352 download)

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Book Synopsis The Handbook of Pluralist Economics Education by : Jack Reardon

Download or read book The Handbook of Pluralist Economics Education written by Jack Reardon and published by Routledge. This book was released on 2009-09-10 with total page 362 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a blueprint for those interested in teaching from a pluralist perspective, regardless of ideology. It provides educators, policy makers and students with helpful suggestions for implementing pluralism into pedagogy, by offering detailed suggestions and guidelines for incorporating pluralist approaches tailored to specific individual courses. The Handbook for Pluralist Economics Education specifically provides practical suggestions for professors willing to implement pluralism in the classroom and increases the pedagogical influence of pluralist economics while reducing the hegemony of monism at any level.

Specificity and the Macroeconomics of Restructuring

Author : Ricardo J. Caballero
Publisher : MIT Press
ISBN 13 : 0262033623
Total Pages : 349 pages
Book Rating : 4.2/5 (62 download)

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Book Synopsis Specificity and the Macroeconomics of Restructuring by : Ricardo J. Caballero

Download or read book Specificity and the Macroeconomics of Restructuring written by Ricardo J. Caballero and published by MIT Press. This book was released on 2007 with total page 349 pages. Available in PDF, EPUB and Kindle. Book excerpt: A proposal that the notion of specificity -- the idea that factors of production are not interchangeable -- can provide a unified framework to analyze and understand a wide variety of macroeconomic phenomena stemming from the transactional environment and microeconomic restructuring. The core mechanism that drives economic growth in modern market economies is massive microeconomic restructuring and factor reallocation -- the Schumpeterian "creative destruction" by which new technologies replace the old. At the microeconomic level, restructuring is characterized by countless decisions to create and destroy production arrangements. The efficiency of these decisions depends in large part on the existence of sound institutions that provide a proper transactional environment. In this groundbreaking book, Ricardo Caballero proposes a unified framework to analyze and understand a wide variety of macroeconomic phenomena stemming from limitations, especially institutional, that hinder these adjustments. Caballero argues that macroeconomic models need to be made more "structural" in a precise sense and can not be maintained on the assumption that decisions are fully flexible. What is needed, he proposes, is the notion of specificity -- the idea that factors of production are not freely interchangeable. Many of the major macroeconomic developments of recent decades, he argues, fit naturally into this perspective, including the transition problems of Eastern Europe, the heavy weight of labor regulations in Western Europe, the emerging market crises of the 1990s, the prolonged expansion of the U.S. economy, and Japan's stagnation following the collapse of its real estate bubble. After describing the basic arguments of the book and developing models to illustrate two different kinds of specificity (relationship specificity and technological specificity), Caballero analyzes a variety of aspects of inefficient restructuring and revisits perennial business cycle patterns such as the cyclical behavior of unemployment, investment, and wages. Finally, he looks at the endogenous response of political institutions and technology to opportunistic exploitation of relationship specificity. Economists working on macroeconomics, development, growth, labor, and productivity issues will find Caballero's conceptual framework applicable to phenomena in their fields.

Rediscovering Social Economics

Author : Roger D. Johnson
Publisher : Springer
ISBN 13 : 331951265X
Total Pages : 198 pages
Book Rating : 4.3/5 (195 download)

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Book Synopsis Rediscovering Social Economics by : Roger D. Johnson

Download or read book Rediscovering Social Economics written by Roger D. Johnson and published by Springer. This book was released on 2017-02-23 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book argues that economists need to reengage with societal issues, such as justice and fairness in distribution, that inevitably arise when discussing the basic economic problem of unlimited human wants and finite resources. Approaching the problem through a history of economic thought, Johnson reexamines Adam Smith’s contributions to show how they reach beyond neoclassical models that are too simplistic to reflect the growing interdependencies of market economies. He breaks down supposedly value-free neoclassical postulates to expose normative assumptions about economics and justice, demonstrating, for example, that the concept of market equilibrium is problematic because need-based behavior can produce involuntary unemployment even when a competitive labor market achieves equilibrium.

Rethinking Macroeconomics

Author : John F. McDonald
Publisher : Taylor & Francis
ISBN 13 : 1000434699
Total Pages : 259 pages
Book Rating : 4.0/5 (4 download)

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Book Synopsis Rethinking Macroeconomics by : John F. McDonald

Download or read book Rethinking Macroeconomics written by John F. McDonald and published by Taylor & Francis. This book was released on 2021-09-12 with total page 259 pages. Available in PDF, EPUB and Kindle. Book excerpt: Macroeconomics has always played host to contesting schools of thought, but recent events have exacerbated those differences. To fully understand the subject, students need to be aware of these controversies. Rethinking Macroeconomics: A History of Economic Thought Perspective introduces students to the key schools of thought, equipping them with the knowledge needed for a true understanding of today’s economy. The text guides the reader through multiple approaches to macroeconomic analysis before presenting the data for several critical economic episodes, all in order to explore which analytical method provides the best explanation for each event. It covers key background information on topics such as the basics of supply and demand, macroeconomic data, international trade and the balance of payments, the creation of the money supply, and the global financial crisis. This anticipated second edition contains new chapters on Modern Monetary Theory, the Japanese economy, the European Union, and the COVID-19 crisis, bringing the story up to date and broadening the international coverage. Offering the context that is missing from existing introductory textbooks, this work encourages students to think critically about received economic wisdom. This is the ideal complement to any introductory macroeconomics textbook and is ideally suited for undergraduate students who have completed a principles of economics course. The book is fully supported with additional online resources, which include lecture slides and an instructor manual.

International Economics

Author : Hendrik Van den Berg
Publisher : Routledge
ISBN 13 : 1317370651
Total Pages : 1232 pages
Book Rating : 4.3/5 (173 download)

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Book Synopsis International Economics by : Hendrik Van den Berg

Download or read book International Economics written by Hendrik Van den Berg and published by Routledge. This book was released on 2016-11-17 with total page 1232 pages. Available in PDF, EPUB and Kindle. Book excerpt: Now in its third edition, Hendrik Van den Berg’s International Economics: A Heterodox Approach covers all of the standard topics taught in undergraduate international economics courses. Written in a friendly and approachable style, this new edition is unique in that it presents the key orthodox neoclassical models of international trade and investment, while supplementing them with a variety of heterodox approaches. This pluralist approach is intended to give economics students a more realistic understanding of the international economy than standard textbooks can provide. Changes to the new edition include: updates throughout to reflect recent world events, including coverage of trade negotiations and the Greek crisis; expanded discussion of pluralist approaches with more coverage of alternative schools of thought; discussions of the growing financialization of global economic activity; additional real-world examples; increased coverage of environmental issues; transnational corporations and their behavior in the international economy; the difference between international investment and international finance; and monetary history; a consolidated and updated chapter on international banking. This book also maintains a broad perspective that links economic activity to the social and natural spheres of human activity, with emphasis on the distributional and environmental effects of international trade, investment, finance, and migration. Chapter summaries, key terms and concepts, problems and questions, and a glossary are included in the book. A Student Study Guide and an Instructor’s Manual are available online.

International Economics: A Heterodox Approach

Author : Hendrik Van den Berg
Publisher : Routledge
ISBN 13 : 131746754X
Total Pages : 681 pages
Book Rating : 4.3/5 (174 download)

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Book Synopsis International Economics: A Heterodox Approach by : Hendrik Van den Berg

Download or read book International Economics: A Heterodox Approach written by Hendrik Van den Berg and published by Routledge. This book was released on 2014-12-18 with total page 681 pages. Available in PDF, EPUB and Kindle. Book excerpt: Now in its third edition, this textbook covers all of the standard topics taught in undergraduate International Economics courses. However, the book is unique in that it presents the key orthodox neoclassical models of international trade and investment, whilst supplementing them with a variety of heterodox approaches. This pluralist approach is intended to give economics students a more realistic understanding of the international economy than standard textbooks can provide.

Macroeconomics

Author : Olivier Blanchard
Publisher :
ISBN 13 : 9781292360911
Total Pages : 0 pages
Book Rating : 4.3/5 (69 download)

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Book Synopsis Macroeconomics by : Olivier Blanchard

Download or read book Macroeconomics written by Olivier Blanchard and published by . This book was released on 2021 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This print textbook is available for students to rent for their classes. The Pearson print rental program provides students with affordable access to learning materials, so they come to class ready to succeed. For intermediate courses in economics. A unified view of the latest macroeconomic events In Macroeconomics, Blanchard presents an integrated, global view of macroeconomics, enabling students to see the connections between goods markets, financial markets, and labor markets worldwide. Organized into two parts, the text contains a core section that focuses on short-, medium-, and long-run markets and two major extensions that offer more in-depth coverage of the issues at hand. From the major economic crisis that engulfed the world in the late 2000s, to monetary policy in the US, to the problems of the Euro area, and growth in China, the text helps students make sense not only of current macroeconomic events but also of those that may unfold in the future. Integrated, detailed boxes in the 8th Edition have been updated to convey the life of macroeconomics today, reinforce lessons from the models, and help students employ and develop their analytical and evaluative skills. Also available with MyLab Economics By combining trusted author content with digital tools and a flexible platform, MyLab personalizes the learning experience and improves results for each student.