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Springer - Open Economy Macrodynamics: Integrated Approach

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£136.21 £122.11 £125.18 £128.26 £131.34 £134.42 £137.49 28 April 2026 19 May 2026 09 June 2026 30 June 2026 22 July 2026

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Description

Explore the complexities of global economic systems with Open Economy Macrodynamics: An Integrated Disequilibrium Approach by Springer. This academic text provides a deep dive into the mechanics of interacting and small open economies through a historical and theoretical lens. The first section examines the evolution of economic thought, beginning with the Classical model of the gold standard and the specie-flow mechanism. It analyzes the Dornbusch IS-LM-PC approach and its role in contemporary open economy macrodynamics, including its application in structural macroeconometric model building with or without rational expectations. Moving beyond standard equilibrium models, the second part of the book extends this analysis to include disequilibrium in real markets. This comprehensive approach helps readers understand the structural dynamics that shape modern economies. It is an essential resource for students, researchers, and professionals in the fields of economics and econometrics seeking a rigorous understanding of macro-level market behaviors.

Key Features

Covers interacting and small open economies from a historical perspective starting with the Classical gold standard model.

Analyzes the Dornbusch IS-LM-PC approach and its impact on modern open economy macrodynamics.

Provides insights into structural macroeconometric model building for advanced economic analysis.

Includes an extended analysis of disequilibrium within real markets for a more complete economic view.

Explores the role of rational expectations within contemporary macroeconomic frameworks.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
17 June 2003
Listed Since
27 December 2006

Barcode

No barcode data available

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