<p><b>An essential introduction to one of the most timely and important subjects in economics</b><br><br><i>International Macroeconomics</i> presents a rigorous and theoretically elegant treatment of real-world international macroeconomic problems, incorporating the latest economic research while maintaining a microfounded, optimizing, and dynamic general equilibrium approach. This one-of-a-kind textbook introduces a basic model and applies it to fundamental questions in international economics, including the determinants of the current account in small and large economies, processes of adjustment to shocks, the determinants of the real exchange rate, the role of fixed and flexible exchange rates in models with nominal rigidities, and interactions between monetary and fiscal policy. The book confronts theoretical predictions using actual data, highlighting both the power and limits of given theories and encouraging critical thinking.<br></p><ul><li>Provides a rigorous and elegant treat
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<p><b>A cutting-edge graduate-level textbook on the macroeconomics of international trade</b><br><br>Combining theoretical models and data in ways unimaginable just a few years ago, open economy macroeconomics has experienced...
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<p>With the collapse of the Bretton Woods system, any pretense of a connection of the world''s currencies to any real commodity has been abandoned. Yet since the 1980s, most central banks have abandoned money-growth targets as practical...
kr 1299.00
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Exam Board: Cambridge Assessment International EducationLevel & Subject: Cambridge International AS & A Level SociologyFirst teaching: September 2019 First examination: From 2021
kr 469.00
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