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Macroeconomics: An Integrated Approach by Alan J. Auerbach (University of California) at Abbey's Bookshop,
Macroeconomics: An Integrated Approach
— —
Alan J. Auerbach (University of California) Laurence J. Kotlikoff (Professor of Economics, Boston University)

Macroeconomics

An Integrated Approach

Alan J. Auerbach (University of California),  Laurence J. Kotlikoff (Professor of Economics, Boston University)

$140

Paperback

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English
MIT Press
31 July 1998
Macroeconomics
Series: The MIT Press
Many undergraduate texts treat macroeconomics as a set of distinct topics rather than as a unified body of theory and empirical findings. In contrast, this text by Alan Auerbach and Laurence Kotlikoff uses a single analytic framework-the two-period life-cycle model-to explore and connect each of the major issues in contemporary macroeconomics. The model describes the evolution of the economy over time in terms of the behavior of overlapping generations of individuals, each of whom lives for two periods- youth and old age. This versatile framework can encompass most macroeconomic schools of thought through the alteration of key assumptions. The use of one basic model also allows the authors to explore important topics not always addressed adequately in other texts; these include credit constraints, real business cycles, generational accounting, and international capital flows markets.

Written in a clear, accessible style, this shortened and simplified second edition provides a systematic way to interpret macroeconomic outcomes, to understand various policy proposals, and to appreciate how individuals and firms fit into the big picture.
By:   , ,
Imprint:   MIT Press
Country of Publication:   United States
Edition:   second edition
Dimensions:   Height: 229mm,  Width: 203mm,  Spine: 25mm
Weight:   839g
ISBN:   9780262511032
ISBN 10:   0262511037
Series:   The MIT Press
Pages:   494
Publication Date:  
Recommended Age:   From 18 to 99 years
Audience:   College/higher education ,  Professional and scholarly ,  Professional & Vocational ,  A / AS level ,  Further / Higher Education
Format:   Paperback
Publisher's Status:   Active

Laurence J. Kotlikoff, one of the nation's leading experts on fiscal policy, national saving, and personal finance and a columnist for Bloomberg, is Professor of Economics at Boston University. His writings and views appear in Forbes, the Economist, the Financial Times, the Wall Street Journal, the New York Times, and other leading media outlets.

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