{"product_id":"carlin-macroeconomics-9780198776222","title":"Macroeconomics","description":"The distinctive feature of this book is that it provides a unified framework for the analysis of short- and medium-run macroeconomics. This gives students a model that they can use themselves to understand a wide range of real-world macroeconomic behaviour and policy issues. The authors introduce a new graphical model (IS\/PC\/MR) based on the 3-equation New Keynesian model used in modern macroeconomics. The three equations are\n\u003cbr\u003e\n\u003cbr\u003e\nBL the IS curve\n\u003cbr\u003e\nBL the Phillips curve and\n\u003cbr\u003e\nBL an interest rate-based monetary policy rule.\n\u003cbr\u003e\nThe use of a common framework throughout for closed and open economies helps readers develop the economic intuition with which to address a diversity of macroeconomic problems. Applied chapters show how the models can be used to analyse performance in OECD economies over the past twenty-five years. The chapters on growth present an in-depth coverage of the Solow-Swan, endogenous and Schumpeterian models that allow the reader to understand how these approaches can be used to answer the big questions of growth: why some countries are rich and others, poor; why some catch up and others do not.\n\u003cbr\u003e\n\u003cbr\u003e\nSince the book is based on the mainstream 3-equation model used at the research frontier, the book gives students the economics background necessary for accessing advanced macroeconomics. It is also designed to appeal to graduate students, non-specialists in macroeconomics, professional economists and those from related disciplines who want a guide to the complexities of modern macroeconomics and to understand contemporary policy debates.\n\u003cbr\u003e\n\u003cbr\u003e\n\u003cbr\u003e\u003cstrong\u003eOnline Resource Centre\u003c\/strong\u003e\n\u003cbr\u003e\n\u003cbr\u003e\nFor lecturers: password-protected solutions and diagrams from the text.\n\u003cbr\u003e\n\u003cbr\u003e\n For students: exercises and checklist questions.","brand":"ACADEMIC","offers":[{"title":"Default Title","offer_id":53689291243862,"sku":null,"price":0.0,"currency_code":"EUR","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0925\/5829\/5382\/files\/product_image_9780198776222_1.jpg?v=1778856954","url":"https:\/\/www.momoxbooks.com\/products\/carlin-macroeconomics-9780198776222","provider":"momoxbooks","version":"1.0","type":"link"}