How To Think And Reason In Macroeconomics
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How to Think and Reason in Macroeconomics
Author | : P. C. v N. Fourie |
Publsiher | : Juta and Company Ltd |
Total Pages | : 420 |
Release | : 2000 |
Genre | : Keynesian economics |
ISBN | : 0702155489 |
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This text teaches how to think and reason about macroeconomic events and policy. It seeks to combine economic theory with a feel for South African economic processes, institutions and data.
How to Think and Reason in Macroeconomics
Author | : Frederick C. v. N. Fourie,Philippe Burger |
Publsiher | : Juta and Company Ltd |
Total Pages | : 562 |
Release | : 2009 |
Genre | : Keynesian economics |
ISBN | : 070217761X |
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Geared to upper-level college students or MBA candidates, this economics textbook uses examples from Africa to explain why the rate of economic growth is higher in some countries than in others, why the inflation rate varies from year to year, why unemployment rates rise and fall, why the Zimbabwean dollar is weak compared to strong currencies such as Botswana’s, and why imports of goods and services sometimes increase quite suddenly. The book also provides comments on the role of government and highlights ways to improve macroeconomic policies in developing countries.
How to Think and Reason in Macroeconomics
Author | : Frederick C. v. N. Fourie |
Publsiher | : Unknown |
Total Pages | : 298 |
Release | : 1996 |
Genre | : BUSINESS & ECONOMICS |
ISBN | : OCLC:54842033 |
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Advanced Macroeconomics
Author | : Filipe R. Campante,Federico Sturzenegger,Andrés Velasco |
Publsiher | : LSE Press |
Total Pages | : 420 |
Release | : 2021-10-11 |
Genre | : Business & Economics |
ISBN | : 9781909890701 |
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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.
A Concise Guide to Macroeconomics Second Edition
Author | : David Moss |
Publsiher | : Harvard Business Review Press |
Total Pages | : 224 |
Release | : 2014-07-15 |
Genre | : Business & Economics |
ISBN | : 9781625271976 |
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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.
How to Think and Reason in Macroeconomics
Author | : Frederick C. v. N. Fourie,Philippe Burger |
Publsiher | : Unknown |
Total Pages | : 554 |
Release | : 2019 |
Genre | : Macroeconomics |
ISBN | : 1485130476 |
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Macroeconomics from the Bottom up
Author | : Domenico Delli Gatti,Saul Desiderio,Edoardo Gaffeo,Pasquale Cirillo,Mauro Gallegati |
Publsiher | : Springer Science & Business Media |
Total Pages | : 124 |
Release | : 2011-04-18 |
Genre | : Business & Economics |
ISBN | : 9788847019713 |
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This book arose from our conviction that the NNS-DSGE approach to the analysis of aggregate market outcomes is fundamentally flawed. The practice of overcoming the SMD result by recurring to a fictitious RA leads to insurmountable methodological problems and lies at the root of DSGE models’ failure to satisfactorily explain real world features, like exchange rate and banking crises, bubbles and herding in financial markets, swings in the sentiment of consumers and entrepreneurs, asymmetries and persistence in aggregate variables, and so on. At odds with this view, our critique rests on the premise that any modern macroeconomy should be modeled instead as a complex system of heterogeneous interacting individuals, acting adaptively and autonomously according to simple and empirically validated rules of thumb. We call our proposed approach Bottom-up Adaptive Macroeconomics (BAM). The reason why we claim that the contents of this book can be inscribed in the realm of macroeconomics is threefold: i) We are looking for a framework that helps us to think coherently about the interrelationships among two or more markets. In what follows, in particular, three markets will be considered: the markets for goods, labor and loanable funds. In this respect, real time matters: what happens in one market depends on what has happened, on what is happening, or on what will happen in other markets. This implies that intertemporal coordination issues cannot be ignored. ii) Eventually, it’s all about prices and quantities. However, we are mostly interested in aggregate prices and quantities, that is indexes built from the dispersed outcomes of the decentralized transactions of a large population of heterogeneous individuals. Each individual acts purposefully, but she knows anything about the levels of prices and quantities which clear markets in the aggregate. iii) In the hope of being allowed to purport scientific claims, BAM relies on the assumption that individual purposeful behaviours aggregates into regularities. Macro behaviour, however, can depart radically from what the individual units are trying to accomplish. It is in this sense that aggregate outcomes emerge from individual actions and interactions.
The Oxford Handbook of Thinking and Reasoning
Author | : Keith J. Holyoak,Robert G. Morrison |
Publsiher | : Oxford University Press |
Total Pages | : 865 |
Release | : 2013-05-23 |
Genre | : Psychology |
ISBN | : 9780199313792 |
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The Oxford Handbook of Thinking and Reasoning brings together the contributions of many of the leading researchers in thinking and reasoning to create the most comprehensive overview of research on thinking and reasoning that has ever been available.