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Full Description
The study of macroeconomics can seem a daunting project. The field is complex and sometimes poorly defined and there are a variety of competing approaches. Designed to complement the third edition of Foundations of Modern Macroeconomics, this manual enables students to further sharpen their skills in macroeconomic formulation and solution.
Fully revised and updated, and including brand new problems and numerical examples, the new edition of Foundations of Modern Macroeconomics: Exercise and Solutions Manual uses worked example models to enable self-study and to allow the reader to begin to build their own models. It uses a range of problems with varying degrees of difficulty and provides solutions.
Contents
1: Review of the AD-AS Model
2: The open economy
3: Dynamics in aggregate demand and supply
4: Perfect foresight and economic policy
5: Rational expectations and economic policy
6: The government budget deficit
7: A closer look at the labour market
8: Search in the labour market
9: Dynamic inconsistency in decision making
10: Money
11: New Keynesian economics
12: Exogenous economic growth- Solow-Swan
13: Exogenous economic growth- Ramsey-Cass-Koopmans
14: Endogenous economic growth
15: Overlapping generations in continous time
16: Overlapping generations in discrete time
17: Decision making in a stochastic environment
18: DSGE- New Classical models
19: DSGE- New Keynesian models



