Fundations of Modern Macroeconomics – Ben J. Heijdra – 1st Edition


Advanced can seem a daunting prospect. Complex and poorly defined, infected with a variety of conflicting approaches, it is difficult for the to get an overall picture of what there is and how it fits in.

“Foundations of ” is aimed at getting round this fundamental problem: it deals with all the major topics, summarizes the important approaches, and gives a coherent angle on all aspects of macroeconomic thought. Each chapter deals with a separate area of macroeconomics, and each contains a summary section of key points and a further reading list, enabling the student to check what has been learnt and investigate further in other books.

Table of Content

Intermediate macroeconomics
1: Who is who in macroeconomics?
2: Dynamics in aggregate demand and supply
3: Rational expectations and economic policy
4: Anticipation effects and economic policy
5: The government budget deficit
6: A closer look at the labour market
7: Trade unions and the labour market
8: Search in the labour market
9: Macroeconomic policy, credibility, and politics
10: The open economy
Advanced macroeconomics
11: Money
12: New Keynesian economics
13: Exogenous Economic Growth
14: Endogenous Economic Growth
15: Real business cycles
16: Overlapping generations in continuous time
17: Overlapping generations in discrete time

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