Macroeconomic Theory

• Main Author: Böhm, Volker (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Cham : Springer International Publishing : Imprint: Springer, 2017.
• Series: Springer Texts in Business and Economics,
• Subjects: Finance, Public.; Game theory.; Economic theory.; Macroeconomics.; Economics.; Macroeconomics/Monetary Economics//Financial Economics.; Game Theory, Economics, Social and Behav. Sciences.; Economic Theory/Quantitative Economics/Mathematical Methods.; Public Finance.

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...

Table of Contents:

• 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.