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Rational Expectations and the New Macroeconomics by Patrick Minford (Paperback, 1992)

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Author:Minford, Patrick. Rational Expectations Macroeconomics 2e. World of Books Australia was founded in 2005.

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This new edition of an established text represents a practical introduction to the principles and applications of Rational Expectations (RE) methods in macroeconomics for third-year undrgraduates and postgraduates. In his book, the author sets out to provide a basic working knowledge of the Rational Expectations Hypothesis (REH) by demonstrating in full various methods for solving RE models. The book then deals with policies and issues frequently encountered when applying these models including stabilization policy, fiscal policy, the political economy of democracy and the Phillips curve. Finally, the author turns to methods of testing the REH. By the end of the book, students should be able to apply RE models to any given economy they are concerned with. Professor Minford has updated the text extensively and has included new chapters on representative agent models (increasingly used in applied forecasting and policy analysis) and modelling the open economy. In the decade since the first edition was written, the REH has become much more influential in economics. The author's introductory and concluding chapters place the REH research programme in its historical context, assess the current state of the debate and look ahead to future research in this important subject.

Product Identifiers

Publisher
John Wiley and Sons Ltd
ISBN-13
9780631177883
eBay Product ID (ePID)
95274603

Product Key Features

Author
Patrick Minford
Publication Name
RATIONAL Expectations and the New Macroeconomics
Format
Paperback
Language
English
Subject
Economics
Publication Year
1992
Type
Textbook
Number of Pages
260 Pages

Dimensions

Item Height
230mm
Item Width
154mm
Item Weight
412g

Additional Product Features

Title_Author
Patrick Minford
Country/Region of Manufacture
United Kingdom

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Rational Expectations and the New Macroeconomics by Patrick Minford (Paperback, 1992)

About this product

Product Information

Product Identifiers

Product Key Features

Dimensions

Additional Product Features

Best Selling in Adult Learning & University

Australian Guidebook for Structural Engineers by Lonnie Pack (Paperback, 2019)

Eduqas GCSE (9-1) Religious Studies Route B: Catholic Christianity and Judaism by Deirdre Cleary, Andrew Barron, Joy White, Patrick Harrison (Paperback, 2017)

The Ethnic Cleansing of Palestine by Ilan Pappe (Paperback, 2007)

Save on Adult Learning & University

The Australian Native Bee Hive Book: Keeping Stingless Sugarbag OATH Tim Heard

Weed Forager's Handbook: A Guide to Edible and Medicinal Weeds in Australia by A

Netter Atlas of Human Anatomy: Classic Regional Approach

The Indoctrinated Brain: How to Successfully Fend Off the Global Attack on Your

George Hrabovsky Leonard Susskind Classical Mechanics (Paperback)

Havard's Nursing Guide to Drugs

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