Macroeconomic Theory - A Dynamic General Equilibrium Approach - Second Edition (Hardcover, 2nd Revised edition)

Macroeconomic Theory is the most up-to-date graduate-level macroeconomics textbook available today. This revised second edition emphasizes the general equilibrium character of macroeconomics to explain effects across the whole economy while taking into account recent research in the field. It is the perfect resource for students and researchers seeking coverage of the most current developments in macroeconomics. Michael Wickens lays out the core ideas of modern macroeconomics and its links with finance. He presents the simplest general equilibrium macroeconomic model for a closed economy, and then gradually develops a comprehensive model of the open economy. Every important topic is covered, including growth, business cycles, fiscal policy, taxation and debt finance, current account sustainability, and exchange-rate determination. There is also an up-to-date account of monetary policy through inflation targeting. Wickens addresses the interrelationships between macroeconomics and modern finance and shows how they affect stock, bond, and foreign-exchange markets. In this edition, he also examines issues raised by the most recent financial crisis, and two new chapters explore banks, financial intermediation, and unconventional monetary policy, as well as modern theories of unemployment. There is new material in most other chapters, including macrofinance models and inflation targeting when there are supply shocks. While the mathematics in the book is rigorous, the fundamental concepts presented make the text self-contained and easy to use. Accessible, comprehensive, and wide-ranging, Macroeconomic Theory is the standard book on the subject for students and economists. * The most up-to-date graduate macroeconomics textbook available today * General equilibrium macroeconomics and the latest advances covered fully and completely * Two new chapters investigate banking and monetary policy, and unemployment * Addresses questions raised by the recent financial crisis * Web-based exercises with answers * Extensive mathematical appendix for at-a-glance easy reference This book has been adopted as a textbook at the following universities: * American University * Bentley College * Brandeis University * Brigham Young University * California Lutheran University * California State University - Sacramento * Cardiff University * Carleton University * Colorado College * Fordham University * London Metropolitan University * New York University * Northeastern University * Ohio University - Main Campus * San Diego State University * St. Cloud State University * State University Of New York - Amherst Campus * State University Of New York - Buffalo North Campus * Temple University - Main * Texas Tech University * University of Alberta * University Of Notre Dame * University Of Ottawa * University Of Pittsburgh * University Of South Florida - Tampa * University Of Tennessee * University Of Texas At Dallas * University Of Washington * University of Western Ontario * Wesleyan University * Western Nevada Community College

General

Imprint:	Princeton University Press
Country of origin:	United States
Release date:	March 2012
First published:	March 2012
Authors:	Michael Wickens
Dimensions:	254 x 178 x 39mm (L x W x T)
Format:	Hardcover - Trade binding
Pages:	616
Edition:	2nd Revised edition
ISBN-13:	978-0-691-15286-8
Categories:	Books > Business & Economics > Economics > Macroeconomics > General
LSN:	0-691-15286-1
Barcode:	9780691152868

Is the information for this product incomplete, wrong or inappropriate? Let us know about it.

Does this product have an incorrect or missing image? Send us a new image.

Is this product missing categories? Add more categories.

Review This Product

No reviews yet - be the first to create one!