Modern Macroeconomics, by Max Gillman, takes a new and modern approach to macroeconomic theory using microeconomic foundations. Building from the standard neo-classical models, Gillman has developed a new dynamic model which works to explain business cycles and unemployment, why you can have a banking lead recession as well as fiscal and monetary policy.
Although strong in mathematical rigour all calculations in this text are fully derived and graphs provide a direct representation making it accessible.
This text is suitable for undergraduate students studying Advanced Macroeconomics courses.
- ISBN10 0273726528
- ISBN13 9780273726524
- Publish Date 14 December 2010
- Publish Status Active
- Out of Print 15 January 2021
- Publish Country GB
- Imprint Financial Times Prentice Hall
- Format Paperback
- Pages 624
- Language English