Macroeconomic Theory : Fluctuations, Inflation and Growth in Closed and Open Economies - Fernando de Holanda Barbosa

Macroeconomic Theory

Fluctuations, Inflation and Growth in Closed and Open Economies

By: Fernando de Holanda Barbosa

Hardcover | 25 January 2025 | Edition Number 2

At a Glance

Hardcover


$187.31

or 4 interest-free payments of $46.83 with

 or 

Aims to ship in 7 to 10 business days

When will this arrive by?
Enter delivery postcode to estimate

Macroeconomics is the application of economic theory to the study of the economy's growth, cycle and price-level determination. Macroeconomics takes account of stylized facts observed in the real world and builds theoretical frameworks to explain such facts. Economic growth is a stylized fact of market economies, since England's nineteenth-century industrial revolution. Until then, poverty was a common good for humanity. Economic growth consists in the persistent, smooth and sustained increase of per-capita income. A market economy shows periods of expanding and contracting economic activity. This phenomenon is the economic cycle. The price of money is the amount of goods bought with one unit of money, in other words, the inverse of the price level. Determination of the price level, or the value of money, is a fascinating subject in a fiat money economy.

Revised and updated, the second edition introduces a number of new topics, including the New Keynesian IS Curve, Real Business Cycles, and the Consumption Asset Pricing Model, as well as updated end-of-chapter exercises.

More in Macroeconomics

The Road to Freedom : Economics and the Good Society - Joseph Stiglitz
Creature from Jekyll Island : A Second Look at the Federal Reserve - Edward G Griffin
Skin in the Game : Hidden Asymmetries in Daily Life - Nassim Nicholas Taleb
Macroeconomics : 5th Edition - Olivier Blanchard

RRP $165.95

$133.25

20%
OFF
Macroeconomics : 4th Australasian Edition - Olivier Blanchard

RRP $197.95

$154.25

22%
OFF
Macroeconomics International Student Edition : 5th edition - Charles I. Jones
Macroeconomics : 13th edition - Rudiger Dornbusch

RRP $154.95

$132.35

15%
OFF
Introduction to Banking : 3rd edition - Barbara Casu

RRP $134.95

$109.25

19%
OFF
Macroeconomics, Global Edition : 11th Edition - Andrew Abel

RRP $235.50

$203.80

13%
OFF
The Premonition : A Pandemic Story - Michael Lewis

RRP $49.99

$36.75

26%
OFF
How Economics Works : The Concepts Visually Explained - DK
Economics for Managers, Global Edition : 3rd edition - Paul Farnham

RRP $145.95

$117.35

20%
OFF