Modern Macroeconomics, by Max Gillman, takes a new and modern
approach to macroeconomic theory using microeconomic foundations.
Building from the standard neo-classical models, Gillman has
developed a new dynamic model which works to explain business
cycles and unemployment, why you can have a banking lead recession
as well as fiscal and monetary policy. Although strong in
mathematical rigour all calculations in this text are fully derived
and graphs provide a direct representation making it accessible.
This text is suitable for undergraduate students studying Advanced
Macroeconomics courses.
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