All listings for this product
Best-selling in Textbooks
Save on Textbooks
- AU $74.90Trending at AU $85.93
- AU $68.00Trending at AU $73.27
- AU $74.00Trending at AU $85.59
- AU $79.95Trending at AU $91.47
- AU $46.37Trending at AU $48.34
- AU $81.00Trending at AU $84.40
- AU $20.00Trending at AU $28.45
About this product
- DescriptionBusiness cycle theory is a broad and disparate field. Different schools of thought offer alternative explanations for cycles, often using different mathematical methods. This book provides academics and graduate students of ecomics with a compact and accessible exposition of business cycle theory since Keynes. The author places the main theories - Keynesian ecomics, monetarism, new classical ecomics, the real business cycles theory, and new Keynesian ecomics - in an historical context by presenting them in the chrological order of their appearance and highlighting their differences and commonalities. He minimizes the necessary mathematical prerequisites by using a unifying mathematical approach: stochastic second-order difference equations, which is explained in detail. Throughout the book, the international dimension of business cycles is ackwledged. The theoretical results obtained are set alongside empirical facts in separate boxes. Each chapter finishes with a set of problems designed to deepen the reader's understanding of the theories presented, and further reading sections which provide access to related material.
- Author BiographyLutz G. Arnold has been Professor of Economics at the University of Regensburg since May 2001, at which time he was the youngest professor of economics in Germany. He received his Ph.D. from the University of Dortmund and was awarded the EEA Young Economist Award 2000 for his work on growth and international trade. His current research focuses upon growth, business cycles, international trade, and financial markets.
- Author(s)Lutz G. Arnold
- PublisherOxford University Press
- Date of Publication22/08/2002
- SubjectEconomics: Professional & General
- Place of PublicationOxford
- Country of PublicationUnited Kingdom
- ImprintOxford University Press
- Content Note7 figures
- Weight264 g
- Width156 mm
- Height233 mm
- Spine13 mm
This item doesn't belong on this page.
Thanks, we'll look into this.