國立虎尾科技大學 |

Macroeconomic theory

Record Type:	Language materials, printed : Monograph/item
Title/Author:	Macroeconomic theory/ by Volker Bohm.
Author:	Bohm, Volker.
Published:	Cham :Springer International Publishing : : 2017.,
Description:	xvii, 423 p. :ill. (some col.), digital ; : 24 cm.;
Contained By:	Springer eBooks
Subject:	Finance, Public. -
Online resource:	http://dx.doi.org/10.1007/978-3-319-60149-6
ISBN:	9783319601496

Macroeconomic theory
Bohm, Volker.

Macroeconomic theory[electronic resource] /by Volker Bohm. - Cham :Springer International Publishing :2017. - xvii, 423 p. :ill. (some col.), digital ;24 cm. - Springer texts in business and economics,2192-4333. - Springer texts in business and economics..

Introduction -- Microeconomic Foundations -- Models of Monetary Equilibrium -- Dynamics of Monetary Equilibrium Models -- Fiscal Policy and the Dynamics of Monetary Equilibrium -- The Keynesian Model with Money -- Dynamics in Disequilibrium - Endogenous Business Cycles -- Disequilibrium Dynamics with Random Perturbations -- Dynamical Systems in Discrete Time -- Proofs and Further Results.

This textbook offers a unique approach to macroeconomic theory built on microeconomic foundations of monetary macroeconomics within a unified framework of an intertemporal general equilibrium model extended to a sequential and dynamic analysis. It investigates the implications of expectations and of stationary fiscal policies on allocations, on the quantity of money, and on the dynamic evolution of the economy with and without noise. The text contrasts and compares the two main competing approaches in macroeconomics within the same intertemporal model of a closed monetary economy: the one postulating full price flexibility to guarantee equilibrium in all markets at all times under perfect foresight or rational expectations, versus the so called disequilibrium approach where trading occurs at non- market-clearing prices and wages when these adjust sluggishly from period to period in response to market disequilibrium signals. This novel text blends smoothly the behavioral tools that underlie modern macro: real and monetary, short and long run, classical and Keynesian, competitive and monopolistic, deterministic and stochastic. It belongs in the reading list of teachers and in the library of every practitioner. Prof. Costas Azariadis, Washington University in St. Louis, USA.

ISBN: 9783319601496

Standard No.: 10.1007/978-3-319-60149-6doiSubjects--Topical Terms:

556260
Finance, Public.

LC Class. No.: HB172.5

Dewey Class. No.: 339

Macroeconomic theory
LDR:02719nam a2200349 a 4500 001 921960
003 DE-He213
005 20180515100653.0
006 m d
007 cr nn 008maaau
008 190624s2017 gw s 0 eng d
020 $a 9783319601496 $q (electronic bk.)
020 $a 9783319601489 $q (paper)
024 7 $a 10.1007/978-3-319-60149-6 $2 doi
035 $a 978-3-319-60149-6
040 $a GP $c GP
041 0 $a eng
050 4 $a HB172.5
072 7 $a KCB $2 bicssc
072 7 $a KCBM $2 bicssc
072 7 $a BUS039000 $2 bisacsh
072 7 $a BUS045000 $2 bisacsh
082 0 4 $a 339 $2 23
090 $a HB172.5 $b .B676 2017
100 1 $a Bohm, Volker. $3 1197146
245 1 0 $a Macroeconomic theory $h [electronic resource] / $c by Volker Bohm.
260 $a Cham : $c 2017. $b Springer International Publishing : $b Imprint: Springer,
300 $a xvii, 423 p. : $b ill. (some col.), digital ; $c 24 cm.
490 1 $a Springer texts in business and economics, $x 2192-4333
505 0 $a Introduction -- Microeconomic Foundations -- Models of Monetary Equilibrium -- Dynamics of Monetary Equilibrium Models -- Fiscal Policy and the Dynamics of Monetary Equilibrium -- The Keynesian Model with Money -- Dynamics in Disequilibrium - Endogenous Business Cycles -- Disequilibrium Dynamics with Random Perturbations -- Dynamical Systems in Discrete Time -- Proofs and Further Results.
520 $a This textbook offers a unique approach to macroeconomic theory built on microeconomic foundations of monetary macroeconomics within a unified framework of an intertemporal general equilibrium model extended to a sequential and dynamic analysis. It investigates the implications of expectations and of stationary fiscal policies on allocations, on the quantity of money, and on the dynamic evolution of the economy with and without noise. The text contrasts and compares the two main competing approaches in macroeconomics within the same intertemporal model of a closed monetary economy: the one postulating full price flexibility to guarantee equilibrium in all markets at all times under perfect foresight or rational expectations, versus the so called disequilibrium approach where trading occurs at non- market-clearing prices and wages when these adjust sluggishly from period to period in response to market disequilibrium signals. This novel text blends smoothly the behavioral tools that underlie modern macro: real and monetary, short and long run, classical and Keynesian, competitive and monopolistic, deterministic and stochastic. It belongs in the reading list of teachers and in the library of every practitioner. Prof. Costas Azariadis, Washington University in St. Louis, USA.
650 0 $a Finance, Public. $3 556260
650 0 $a Game theory. $3 556918
650 0 $a Economics. $3 555568
650 0 $a Macroeconomics. $3 554837
650 2 4 $a Macroeconomics/Monetary Economics//Financial Economics. $3 1069052
650 2 4 $a Game Theory, Economics, Social and Behav. Sciences. $3 669497
650 2 4 $a Economic Theory/Quantitative Economics/Mathematical Methods. $3 1069071
650 2 4 $a Public Finance. $3 1104728
710 2 $a SpringerLink (Online service) $3 593884
773 0 $t Springer eBooks
830 0 $a Springer texts in business and economics. $3 882433
856 4 0 $u http://dx.doi.org/10.1007/978-3-319-60149-6
950 $a Economics and Finance (Springer-41170)