ENGLISH

Essentials of Advanced Macroeconomic Theory

By Ola Olsson

Book information

Publisher
Routledge
Year
2012
ISBN
9780415685054
Language
english
Format
PDF
Filesize
1 MB (1174601 bytes)
Pages
180\181
Topic
Economy
Scanned
no
Time added
2021-01-15 20:30:40

Description

Trying to summarize the essentials of macroeconomic theory in the wake of the financial crisis that has shaken not only Western economies but also the macroeconomic profession is no easy task. In particular, the notion that markets are self-correcting and always in equilibrium appears to have taken a heavy blow. However, the jury is still out on which areas should be considered as failures and what which constitute the future of research. The overall aim of this text is to provide a compact overview of the contributions that are currently regarded as the most important for macroeconomic analysis and to equip the reader with the essential theoretical knowledge that all advanced students in macroeconomics should be acquainted with. The result is a compact text that should act as the perfect complement to further study of macroeconomics: an introduction to the key concepts discussed in the journal literature and suitable for students from upper undergraduate level through to PhD courses.

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