Macroeconomics is a distinct branch of economic science that deals with the determination of key economic variables at the level of national economies and the global economy. It seeks to explain recessions and expansions of economic activity, the determining factors and consequences of unemployment and its fluctuations, the causes, characteristics, and consequences of inflation, the determination of the balance of payments and exchange rates, the causes, characteristics, and consequences of economic growth and economic and financial crises, and the role and potential of economic policy.
This book reviews the basic models of modern macroeconomics for undergraduate students and professional economists who want to refresh and enrich their knowledge. The models discussed pertain to both short-term and medium-term equilibrium, given capital and technology stocks, as well as long-term equilibrium, in order to explain the process of accumulating physical and human capital and technological progress.
The book addresses both closed and open economies, placing particular emphasis on the historical evolution of macroeconomics and the interaction of theories and experiences in industrial countries, developing economies, and Greece.
Manufacturer
Specifications
- Author
- Giorgos Alogoskoufis
- Publisher
- Gutenberg
- Language
- Greek
- Cover
- Soft
- Number of Pages
- 804
- Release Date
- 01/09/2022
- Publication Date
- 2022
- Dimensions
- 24x17 cm
- ISBN-13
- 9789600123852
Book Type
- Diversity, Equity & Inclusion (DEI)
- No
Important information
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