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Macroeconomics Lectures : the Basic Models.

Author: Luigi Balletta; Salvatore Modica
Publisher: Chicago : Bocconi University Press, 2017.
Edition/Format:   eBook : Document : EnglishView all editions and formats
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Genre/Form: Electronic books
Additional Physical Format: Print version:
Balletta, Luigi.
Macroeconomics Lectures : The Basic Models.
Chicago : Bocconi University Press, ©2017
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Luigi Balletta; Salvatore Modica
ISBN: 9788885486140 8885486142
OCLC Number: 1028188958
Description: 1 online resource (188 pages)
Contents: MACROECONOMICS LECTURES; Contents; Preface by Francesco Giavazzi; To the teacher and the student; Accompanying resources in Mybook; Chapter 1. GDP, Prices, Inflation, Interest; 1.1 National Accounting; 1.2 Prices, quantities, time and rates; 1.3 Two more elaborate examples; 1.4 The case Y = G; 1.5 Beyond GDP?; 1.6 Exercises; Chapter 2. Economic Growth: the Solow Model; 2.1 Introduction; 2.2 The Solow growth model; 2.3 What would come next: endogenous growth; 2.4 Exercises; Chapter 3. From Solow to the IS curve; 3.1 From the long run to the short run; 3.2 The change of perspective. 3.3 Savings and Investments: the IS curve3.4 The paradox of saving; 3.5 Effective Demand; 3.6 Shifts of the IS curve; 3.7 Exercises; Chapter 4. The economy with flexible prices; 4.1 Introduction; 4.2 The model and equilibrium with flexible prices; 4.3 Economic analysis of the model; 4.4 Money supply and financial intermediation; 4.5 Exercises; Chapter 5. The point of view of JM Keynes; 5.1 Alternative solution of the model; 5.2 Introduction to Keynesian analysis; 5.3 Exercises; Chapter 6. IS-LM equilibrium with linear functions; 6.1 Equilibrium computation. 6.2 Dependence of equilibrium on G and M6.3 Effectiveness of fiscal and monetary policy; 6.4 Exercises; Chapter 7. Equilibrium and adjustments; 7.1 Introduction: vertical AS, horizontal AS; 7.2 IS-LM equilibrium, recap of transitions; 7.3 Convergence to general equilibrium; 7.4 Government and the Central Bank; 7.5 Interest rate target: the IS-MP model; 7.6 Exercises; Chapter 8. Labour market and price expectations: AS-AD analysis; 8.1 Introduction; 8.2 Labour market; 8.3 The AS curve; 8.4 Stable general equilibrium; 8.5 Temporary general equilibrium; 8.6 Transitions between equilibria. 8.7 Comparison with fixed price adjustment8.8 Interest rate targets of the Central Bank; 8.9 AS shock and structural policies; 8.10 Inflation, Phillips curve and Taylor rule; 8.11 Exercises; Chapter 9. Public expenditure and intertemporal choice; 9.1 Introduction; 9.2 The model; 9.3 Equilibrium in the current period; 9.4 Equilibrium as G varies; 9.5 Intertemporal equilibrium: complete example; 9.6 Exercises; Back cover.

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