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Macroeconomic Theory : Fluctuations, Inflation and Growth in Closed and Open Economies. 2nd ed. マクロ経済理論-閉鎖・開放経済における変動、インフレ、成長 第2版
・ISBN 978-3-031-70176-4 hard EUR 109.99
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| 著者・編者 | Barbosa, Fernando de Holanda, |
|---|---|
| シリーズ | Springer Texts in Business and Economics |
| 出版社 | (Springer, GW) |
| 出版年月 | 2025.01 |
| ページ数 | 487 pp. |
| 言語 | ENG |
| ニュース番号 | <737-176> |
解説
Macroeconomics is the application of economic theory to the study of the economy's growth, cycle and price-level determination. Macroeconomics takes account of stylized facts observed in the real world and builds theoretical frameworks to explain such facts. Economic growth is a stylized fact of market economies, since England's nineteenth-century industrial revolution. Until then, poverty was a common good for humanity. Economic growth consists in the persistent, smooth and sustained increase of per-capita income. A market economy shows periods of expanding and contracting economic activity. This phenomenon is the economic cycle. The price of money is the amount of goods bought with one unit of money, in other words, the inverse of the price level. Determination of the price level, or the value of money, is a fascinating subject in a fiat money economy.
Revised and updated, the second edition introduces a number of new topics, including the New Keynesian IS Curve, Real BusinessCycles, and the Consumption Asset Pricing Model, as well as updated end-of-chapter exercises.