A note on book covers: while we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.
"Macroeconomic Theory", in its first edition, was widely adopted for use as a graduate text; this updated and expanded version should find even greater popularity as a text and as a research reference. It has been substantially revised to include three entirely new The Consumption Function, Government Debt and Taxes, and Dynamic Optimal Taxation. Significant additions have been made to three of the original chapters dealing with difference equations, stochastic difference equations, and investment under uncertainty.
A note on book covers: while we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.
In-depth macroeconomic analysis for graduate students and researchers.
Who is this book for?
If you're delving into macroeconomic theory at an advanced level, this book is a treasure trove. Its detailed exploration of topics like the consumption function, government debt, and dynamic optimal taxation makes it a valuable resource for anyone looking to deepen their understanding or apply these concepts in research.
