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Foundations of International Macroeconomics

1044.47 BYN
940.02 BYN
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Foundations of International Macroeconomics is an innovative text that offers the first integrative modern treatment of the core issues in open economy macroeconomics and finance. With its clear and accessible style, it is suitable for first-year graduate macroeconomics courses as well as graduate courses in international macroeconomics and finance. Each chapter incorporates an extensive and eclectic array of empirical evidence. For the beginning student, these examples provide motivation and aid in understanding the practical value of the economic models developed. For advanced researchers, they highlight key insights and conundrums in the field. Topic coverage includes intertemporal consumption and investment theory, government spending and budget deficits, finance theory and asset pricing, the implications of (and problems inherent in) international capital market integration, growth, inflation and seignorage, policy credibility, real and nominal exchange rate determination, and many interesting special topics such as speculative attacks, target exchange rate zones, and parallels between immigration and capital mobility. Most main results are derived both for the small country and world economy cases. The first seven chapters cover models of the real economy, while the final three chapters incorporate the economy's monetary side, including an innovative approach to bridging the usual chasm between real and monetary models. Math has a bad reputation: dull, difficult, detached from daily life. As a talking Barbie doll opined, “Math class is tough.” But Hayes makes math seem fun. Whether he’s tracing the genealogy of a well-worn anecdote about a famous mathematical prodigy, or speculating about what would happen to a lost ball in the nth dimension, or explaining that there are such things as quasirandom numbers, Hayes wants readers to share his enthusiasm. That’s why he imagines a cinematic treatment of the discovery of the Riemann zeta function (“The year: 1972. The scene: Afternoon tea in Fuld Hall at the Institute for Advanced Study in Princeton, New Jersey”), explains that there is math in Sudoku after all, and describes better-than-average averages. Even when some of these essays involve a hike up the learning curve, the view from the top is worth it.
Артикул
3039852
Издательство
Тип обложки
твердый переплет
Автор
Штрих код
9780262150477
Год
Страниц
828
Томов
1
Размеры
266x177x41 мм
Вес
1590 гр.
Импортер
ООО «Абрис-Бел». 220112, РБ, г. Минск, ул. Cырокомли 7-167
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