Read the full-text online edition of Macroeconomic Theory (). Macroeconomic Theory by Jean-Pascal Benassy, , available at Book Depository with free delivery worldwide. This graduate textbook is a primer in macroeconomics. It starts from essential undergraduate macroeconomics and develops the central topics.
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This book is available as part of Oxford Scholarship Online – view abstracts and keywords at book and chapter level. This graduate textbook is a primer in macroeconomics. It starts from essential undergraduate macroeconomics and develops the central topics of modern macroeconomic theory in a simple and rigorous manner.
All topics essential for first year graduate students are covered. These include rational expectations, intertemporal dynamic models, exogenous and endogenous growth, nonclearing markets and imperfect competition, uncertainty, and money. The book also covers real business cycles and dynamic stochastic general equilibrium models, integrating growth and fluctuations, sticky wages and prices, consumption and investment, and unemployment.
Lastly, it studies government policy, stabilization, credibility, and the connections between politics and the macroeconomy.
Each topic is presented in the simplest model possible while still delivering the relevant answers and keeping rigorous foundations throughout the book. To make the book fully self-contained there is a mathematical appendix that gives all necessary mathematical results.
Each topic is viewed through explicit models, designed to reveal its central issues as simply and directly as possible, but without giving up either rigor or substance.
There are references, from Abel to Zabel. Because macroeconomics remains a field with deep divisions, Benassy’s balanced treatment will gain currency not only as a reference work but also as a standard for introductory graduate level macroeconomic courses. It not only covers the basic models of economic growth and fluctuations but also has peerless treatments of specialized topics such as the effect of imperfections in financial markets and the political economy of deficits.
Graduate students should find this invaluable regardless of the predilections of their instructors. As a reference, it also provides a superb repository of our progress to date. This milestone book is a must-have for students and teachers alike. Oxford University Press is a department of the University of Oxford. It furthers the University’s objective of excellence in research, scholarship, and education by publishing worldwide.
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Macroeconomic Theory : Jean-Pascal Benassy :
Oxford Scholarship Online This book is available as part of Oxford Scholarship Online – view abstracts and keywords at book and chapter level. Macroeconomic Theory First Edition Jean-Pascal Benassy This graduate textbook is a “primer” in macroeconomics Develops in a simple and rigorous manner the central topics of modern macroeconomic theory including rational expectations, growth, business cycles, money, unemployment, government policy, and the macroeconomics of nonclearing markets Includes a mathematical appendix that gives all necessary mathematical results.
Burda, Professor of Economics, Humboldt University, Berlin “This book contains lucid and cobweb-free presentations of a truly immense range of macroeconomic models.
Rotemberg, William Ziegler Professor of Business Administration, Harvard Business School “This textbook represents a real tour de force as it offers a fascinating panorama of modern macroeconomic theory that reads like a novel. Misunderstanding Financial Crises Gary B.
The Power Surge Michael Levi. How the Economy Works Roger E. Simply Rational Gerd Gigerenzer. How to Combat Recession Laurence Seidman.