Applied Macroeconomics

Cereales Foundation – 2000, 123 pagesISBN: 9080572411, 9789080572416This book is meant for students in the second year of their Economics study. It combines the regular macroeconomics theory with spreadsheet applications. The necessary assistance for the use of the spreadsheet programme and a set of data are also provided in the book. The contributions of Roel Jongeneel from Wageningen University and Frans de Vries from Groningen University are gratefully acknowledged.Contents:Preface Introduction Background Targets of economic policy Instruments of economic policy Tinbergen’s view on economic policy The value of economic activity Questions and exercises Appendix Basic Macroeconomic Models The models Closed economy, fixed prices Closed economy, fixed prices, government budget International trade, fixed prices, government budget A two country model of international trade Questions and exercises Is-LM Analysis Introduction Closed economy, fixed prices, monetary sector Questions and exercises Closed economy, fixed prices, government budget, monetary sector Questions and exercises Open economy, fixed prices, government budget Open economy, fixed prices, government budget, monetary sector Questions and exercises Estimation of coefficients Aggregate Demand And Aggregate Supply Analysis Introduction AD-AS in a closed economy Questions and exercises Aggregate Demand and Aggregate Supply in an open economy Questions and exercises Theory of The Business Cycle Long-term and medium-term fluctuations The long term Schumpeter’s theory on cyclical growth Questions and exercises The medium-term business cycle the Multiplier-Accelerator model Questions and exercises Capital and the business cycle Investments Questions and exercises Multiplier-Accelerator-Capital (M-A-C) Model Questions and exercises Cyclical unemployment Questions and exercises Growth Theory Introduction Steady state growth The Harrod-Domar growth model Growth equilibrium Questions and exercises The neoclassical growth model Questions and exercises Steady state in the neoclassical growth model Questions and exercises Steady growth and technological change Questions and exercises Conclusions References Index Cereales Foundation – 2000, 123 pagesISBN: 9080572411, 9789080572416 This book is meant for students in the second year of their Economics study. It combines the regular macroeconomics theory with spreadsheet applications. The necessary assistance for the use of the spreadsheet programme and a set of data are also provided in the book. The contributions of Roel Jongeneel from Wageningen University and Frans de Vries from Groningen University are gratefully acknowledged. Contents:Preface **Introduction** Background Targets of economic policy Instruments of economic policy Tinbergen’s view on economic policy The value of economic activity Questions and exercises Appendix **Basic Macroeconomic Models** The models Closed economy, fixed prices Closed economy, fixed prices, government budget International trade, fixed prices, government budget A two country model of international trade Questions and exercises **Is-LM Analysis** Introduction Closed economy, fixed prices, monetary sector Questions and exercises Closed economy, fixed prices, government budget, monetary sector Questions and exercises Open economy, fixed prices, government budget Open economy, fixed prices, government budget, monetary sector Questions and exercises Estimation of coefficients **Aggregate Demand And Aggregate Supply Analysis** Introduction AD-AS in a closed economy Questions and exercises Aggregate Demand and Aggregate Supply in an open economy Questions and exercises **Theory of The Business Cycle** Long-term and medium-term fluctuations The long term Schumpeter’s theory on cyclical growth Questions and exercises The medium-term business cycle the Multiplier-Accelerator model Questions and exercises Capital and the business cycle Investments Questions and exercises Multiplier-Accelerator-Capital (M-A-C) Model Questions and exercises Cyclical unemployment Questions and exercises **Growth Theory** Introduction Steady state growth The Harrod-Domar growth model Growth equilibrium Questions and exercises The neoclassical growth model Questions and exercises Steady state in the neoclassical growth model Questions and exercises Steady growth and technological change Questions and exercises Conclusions References Index Cereales Foundation – 2000, 123 pages ISBN: 9080572411, 9789080572416 This book is meant for students in the second year of their Economics study. It combines the regular macroeconomics theory with spreadsheet applications. The necessary assistance for the use of the spreadsheet programme and a set of data are also provided in the book. The contributions of Roel Jongeneel from Wageningen University and Frans de Vries from Groningen University are gratefully acknowledged. Contents: Preface Introduction Background Targets of economic policy Instruments of economic policy Tinbergen’s view on economic policy The value of economic activity Questions and exercises Appendix Basic Macroeconomic Models The models Closed economy, fixed prices Closed economy, fixed prices, government budget International trade, fixed prices, government budget A two country model of international trade Questions and exercises Is-LM Analysis Introduction Closed economy, fixed prices, monetary sector Questions and exercises Closed economy, fixed prices, government budget, monetary sector Questions and exercises Open economy, fixed prices, government budget Open economy, fixed prices, government budget, monetary sector Questions and exercises Estimation of coefficients Aggregate Demand And Aggregate Supply Analysis Introduction AD-AS in a closed economy Questions and exercises Aggregate Demand and Aggregate Supply in an open economy Questions and exercises Theory of The Business Cycle Long-term and medium-term fluctuations The long term Schumpeter’s theory on cyclical growth Questions and exercises The medium-term business cycle the Multiplier-Accelerator model Questions and exercises Capital and the business cycle Investments Questions and exercises Multiplier-Accelerator-Capital (M-A-C) Model Questions and exercises Cyclical unemployment Questions and exercises Growth Theory Introduction Steady state growth The Harrod-Domar growth model Growth equilibrium Questions and exercises The neoclassical growth model Questions and exercises Steady state in the neoclassical growth model Questions and exercises Steady growth and technological change Questions and exercises Conclusions References Index