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jneaxklqigmvdbok – Read and download Alan J. Auerbach’s book Macroeconomics : An Integrated Approach in PDF, EPub, Mobi, Kindle online. Book Macroeconomics : An Integrated Approach by Alan J. Auerbach

Macroeconomics : An Integrated Approach
by Alan J. Auerbach

Macroeconomics : An Integrated Approach Alan J. Auerbach pdf
Macroeconomics : An Integrated Approach Alan J. Auerbach pdf

Summary: Many undergraduate texts treat macroeconomics as a set of distinct topics rather than as a unified body of theory and empirical findings. In contrast, this text by Alan Auerbach and Laurence Kotlikoff uses a single analytic framework-the two-period life-cycle model-to explore and connect each of the major issues in contemporary macroeconomics. The model describes the evolution of the economy over time in terms of the behavior of overlapping generations of individuals, each of whom lives for two periods: youth and old age. This versatile framework can encompass most macroeconomic schools of thought through the alteration of key assumptions. The use of one basic model also allows the authors to explore important topics not always addressed adequately in other texts; these include credit constraints, real business cycles, generational accounting, and international capital flows markets. Written in a clear, accessible style, this shortened and simplified second edition provides a systematic way to interpret macroeconomic outcomes, to understand various policy proposals, and to appreciate how individuals and firms fit into the big picture. show more

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Product details Format Paperback | 494 pages Dimensions 203 x 229 x 25mm | 839g Publication date 27 Sep 1998 Publisher MIT Press Ltd Imprint MIT Press Publication City/Country United States Language English Edition New edition Edition Statement second edition ISBN10 0262511037 ISBN13 9780262511032 Bestsellers rank 438,056

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