{"product_id":"macroeconomics-imperfections-institutions-and-policies-9780198776222","title":"Macroeconomics: Imperfections, Institutions and Policies","description":"\u003cdiv class=\"book-description\"\u003e\n\u003cp\u003e\u003cstrong\u003eMacroeconomics: Imperfections, Institutions and Policies\u003c\/strong\u003e by Soskice, David. paperback edition. ISBN: 9780198776222.\u003c\/p\u003e\n\u003cp\u003eThe distinctive feature of this book is that it provides a unified framework for the analysis of short- and medium-run macroeconomics. This gives students a model that they can use themselves to understand a wide range of real-world macroeconomic behavior and policy issues. The authors introduce a new graphical model (IS\/PC\/MR) based on the 3-equation New Keynesian model used in modern macroeconomics. The three equations are the IS curve, the Phillips curve, and an interest rate-based monetary policy rule. The use of a common framework throughout for closed and open economies helps students develop the economic intuition with which to address a diversity of macroeconomic problems.\nApplied chapters show how models can be used to analyze performance in OECD economies over the past 25 years. The chapters on growth present in-depth coverage of the Solow-Swan, endogenous, and Schumpeterian models that allow students to understand how these approaches can be used to anser the big questions of growth: why some countries are rich and other are poor; why some catch up and others do not. Because the book is based on the mainstream 3-equation model used at the research frontier, the book gives students the economics background necessary for accessing advanced macroeconomics. It is also designed to appeal to graduate students, non-specialists in maacroeconomics, professional economists, and those from related disciplines who want a guide to the complexities of modern macroecnomics and to understand contemporary policy debates.\nOnline Resource Center: The companion website will provide exercises and checklist questions for students as well as password-protected solutions and diagrams from the text for instructors.\u003c\/p\u003e\n\u003c\/div\u003e","brand":"Oxford University Press, USA","offers":[{"title":"Default Title","offer_id":44946683920437,"sku":"ByrdShop_0198776225","price":72.08,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0627\/8139\/0901\/files\/9780198776222_5e4f730a-4620-4030-9080-cb63645a7d19.jpg?v=1778856268","url":"https:\/\/atxbooks.com\/products\/macroeconomics-imperfections-institutions-and-policies-9780198776222","provider":"ATX Books","version":"1.0","type":"link"}