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Routledge Macroeconomic Policy: 4 - Routledge Library Editions

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Description

Explore the complexities of government intervention with Macroeconomic Policy: 4, part of the Routledge Library Editions: Macroeconomics series. Originally published in 1978, this text applies first-year macroeconomic theory to the practical application of policy instruments used by governments to reach specific economic goals. Readers will follow a structured progression starting with the meaning and desirability of various policy objectives. The book then transitions into a detailed examination of how main policy instruments function in real-world scenarios. To provide a comprehensive view of modern economic management, the text concludes by outlining Tinbergen's 'fixed targets' and Theil's 'flexible targets' approaches to policy. Additionally, the book includes a dedicated chapter on debt management. This section covers the primary theories regarding the term structure of interest rates and their implications. This volume serves as a foundational resource for understanding the theoretical frameworks that guide economic decision-making and the mechanisms used to manage national economies.

Key Features

Extends first-year macroeconomic theory to examine how governments use policy instruments to achieve specific economic objectives.

Provides a clear discussion on the meaning and desirability of different policy objectives within a macroeconomic framework.

Examines the practical workings of the main policy instruments used to influence national economic trends.

Outlines the distinct approaches of Tinbergen's 'fixed targets' and Theil's 'flexible targets' for policy management.

Includes a specialized chapter on debt management covering theories of the term structure of interest rates.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
15 September 2015
Listed Since
31 March 2015

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