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 insights for graduate students and researchers.
Who is this book for?
If you're delving into macroeconomic theory at a graduate level or doing research, this book offers a thorough and updated exploration of key concepts. Its detailed treatment of topics like consumption functions, government debt, and dynamic taxation makes complex ideas more accessible and relevant. Many readers find it to be an invaluable resource for both learning and reference in advanced economic studies.
