Michael Wickens

Macroeconomic Theory

A Dynamic General Equilibrium Approach - Second Edition

• Gebundenes Buch

Produktbeschreibung

Macroeconomic Theory is the most up-to-date graduate-level macroeconomics textbook available today. This book truly offers something new by emphasizing the general equilibrium character of macroeconomics to explain effects across the whole economy, not just part. It is also the perfect resource for economists who need to brush up on the latest developments. 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, exchange-rate determination, and 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

Produktdetails

• Verlag: Princeton University Press
• 2nd ed.
• Seitenzahl: 616
• Erscheinungstermin: 12. März 2012
• Englisch
• Abmessung: 261mm x 187mm x 40mm
• Gewicht: 1474g
• ISBN-13: 9780691152868
• ISBN-10: 0691152861
• Artikelnr.: 34743593

Autorenporträt

Michael Wickens is professor of economics at the University of York and at Cardiff Business School. He is the coeditor of Handbook of Applied Econometrics and was managing editor of the Economic Journal from 1996 to 2004. He is specialist adviser to the House of Lords on macroeconomics and a member of the Shadow Monetary Policy Committee.