Foundations of Modern Macroeconomics: Exercise and Solutions Manual / Edition 3

by Ben Heijdra

Overview

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.

Product Details

ISBN-13:	9780198784142
Publisher:	Oxford University Press
Publication date:	09/27/2017
Edition description:	Solution M
Pages:	512
Product dimensions:	7.40(w) x 9.60(h) x 1.20(d)

About the Author

Ben J. Heijdra received his education in the Netherlands and in Canada. Before joinin the Faculty of Economics and Business of the University of Groningen in the Spring of 1998 he held academic positions at various universities in Australia and the Netherlands. His research focuses on policy-relevant (theoretical) macroeconomics. Topics include ageing and macroeconomic performance, annuitization and the macroeconomy, and environmental macroeconomics. Heijdra is a Senior Researcher of Netspar, a network dedicated to the study of ageing and pension issues, and a Fellow of CESifo (Munich). He has been on the editorial board of De Economist since January 2005.

Table of Contents

1. Review of the AD-AS Model2. The open economy3. Dynamics in aggregate demand and supply4. Perfect foresight and economic policy5. Rational expectations and economic policy6. The government budget deficit7. A closer look at the labour market8. Search in the labour market9. Dynamic inconsistency in decision making10. Money11. New Keynesian economics12. Exogenous economic growth- Solow-Swan13. Exogenous economic growth- Ramsey-Cass-Koopmans14. Endogenous economic growth15. Overlapping generations in continous time16. Overlapping generations in discrete time17. Decision making in a stochastic environment18. DSGE- New Classical models19. DSGE- New Keynesian models