Money in the macroeconomy:
This is a textbook designed for senior undergraduate courses in monetary economics, advanced macroeconomics, or macroeconomic policy. Students will feel comfortable with this material if they have completed an intermediate course in macroeconomics, relying on one of the more demanding texts in this...
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Cambridge
Cambridge University Press
1985
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| Schlagworte: | |
| Online-Zugang: | BSB01 UBG01 Volltext |
| Zusammenfassung: | This is a textbook designed for senior undergraduate courses in monetary economics, advanced macroeconomics, or macroeconomic policy. Students will feel comfortable with this material if they have completed an intermediate course in macroeconomics, relying on one of the more demanding texts in this field. The prime focus of the book is on the role of money in the macroeconomy and on the place of monetary policy as an instrument for controlling inflation and unemployment. There are only three important macrovariables that are features: the rate of inflation, the interest rate, and output or income. Behavioural relationships in the goods, money, and labor markets determine these variables, using only the now common IS-LM-AS model. The model is not ideological, but opposing views of the efficiacy of stabilization policy are allowed to confront each other. There is a great deal of emphasis on relating the theoretical propositions to recent Canadian and U.S. macroeconomic performance. To expose students to diversity of experience, both countries receive equal treatment, one to serve as an example of a closed economy and the other as an example of an open economy. The book relies mostly on verbal and diagrammatical exposition; equations are used to show why and how curves shift in the diagrams. Also, numerical examples are provided in 'boxes' at appropriate places in the text, and exercises are given at the end of most chapters. A booklet containing answers to these exercises is available to instructors on request to the author |
| Beschreibung: | Title from publisher's bibliographic system (viewed on 05 Oct 2015) |
| Beschreibung: | 1 online resource (xx, 339 pages) |
| ISBN: | 9780511571961 |
| DOI: | 10.1017/CBO9780511571961 |
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Datensatz im Suchindex
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| author | Prachowny, Martin F. J. |
| author_facet | Prachowny, Martin F. J. |
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| author_sort | Prachowny, Martin F. J. |
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| dewey-ones | 339 - Macroeconomics and related topics |
| dewey-raw | 339.5/3 |
| dewey-search | 339.5/3 |
| dewey-sort | 3339.5 13 |
| dewey-tens | 330 - Economics |
| discipline | Wirtschaftswissenschaften |
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| indexdate | 2024-07-10T07:38:54Z |
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| isbn | 9780511571961 |
| language | English |
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| spelling | Prachowny, Martin F. J. Verfasser aut Money in the macroeconomy Martin F.J. Prachowny Cambridge Cambridge University Press 1985 1 online resource (xx, 339 pages) txt rdacontent c rdamedia cr rdacarrier Title from publisher's bibliographic system (viewed on 05 Oct 2015) This is a textbook designed for senior undergraduate courses in monetary economics, advanced macroeconomics, or macroeconomic policy. Students will feel comfortable with this material if they have completed an intermediate course in macroeconomics, relying on one of the more demanding texts in this field. The prime focus of the book is on the role of money in the macroeconomy and on the place of monetary policy as an instrument for controlling inflation and unemployment. There are only three important macrovariables that are features: the rate of inflation, the interest rate, and output or income. Behavioural relationships in the goods, money, and labor markets determine these variables, using only the now common IS-LM-AS model. The model is not ideological, but opposing views of the efficiacy of stabilization policy are allowed to confront each other. There is a great deal of emphasis on relating the theoretical propositions to recent Canadian and U.S. macroeconomic performance. To expose students to diversity of experience, both countries receive equal treatment, one to serve as an example of a closed economy and the other as an example of an open economy. The book relies mostly on verbal and diagrammatical exposition; equations are used to show why and how curves shift in the diagrams. Also, numerical examples are provided in 'boxes' at appropriate places in the text, and exercises are given at the end of most chapters. A booklet containing answers to these exercises is available to instructors on request to the author Monetary policy Macroeconomics Makroökonomie (DE-588)4037174-8 gnd rswk-swf Geldtheorie (DE-588)4121333-6 gnd rswk-swf Geldpolitik (DE-588)4019902-2 gnd rswk-swf 1\p (DE-588)4151278-9 Einführung gnd-content Makroökonomie (DE-588)4037174-8 s Geldpolitik (DE-588)4019902-2 s 2\p DE-604 Geldtheorie (DE-588)4121333-6 s 3\p DE-604 Erscheint auch als Druckausgabe 978-0-521-30613-3 Erscheint auch als Druckausgabe 978-0-521-31594-4 https://doi.org/10.1017/CBO9780511571961 Verlag URL des Erstveröffentlichers Volltext 1\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk 2\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk 3\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk |
| spellingShingle | Prachowny, Martin F. J. Money in the macroeconomy Monetary policy Macroeconomics Makroökonomie (DE-588)4037174-8 gnd Geldtheorie (DE-588)4121333-6 gnd Geldpolitik (DE-588)4019902-2 gnd |
| subject_GND | (DE-588)4037174-8 (DE-588)4121333-6 (DE-588)4019902-2 (DE-588)4151278-9 |
| title | Money in the macroeconomy |
| title_auth | Money in the macroeconomy |
| title_exact_search | Money in the macroeconomy |
| title_full | Money in the macroeconomy Martin F.J. Prachowny |
| title_fullStr | Money in the macroeconomy Martin F.J. Prachowny |
| title_full_unstemmed | Money in the macroeconomy Martin F.J. Prachowny |
| title_short | Money in the macroeconomy |
| title_sort | money in the macroeconomy |
| topic | Monetary policy Macroeconomics Makroökonomie (DE-588)4037174-8 gnd Geldtheorie (DE-588)4121333-6 gnd Geldpolitik (DE-588)4019902-2 gnd |
| topic_facet | Monetary policy Macroeconomics Makroökonomie Geldtheorie Geldpolitik Einführung |
| url | https://doi.org/10.1017/CBO9780511571961 |
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