"This book started as a collection of my teaching notes for the ECON 52 course that I taught at Stanford University. The objective of that course, and of this book, is to introduce students to the ideas and way of thinking of modern macroeconomics in a unified way that is accessible with a moderate amount of maths. Modern macroeconomics emphasizes explicit microeconomic foundations and general equilibrium analysis, combined with various kinds of constraints and market imperfections. When preparing the class I thought none of the existing textbooks conveyed this in a way that I liked, so I prepared my own notes, which then grew into this book. While mostly self-contained, the book is probably most useful to students who are familiar with the basics of multivariable calculus and have taken a calculus-based microeconomics class."

lgli/Pablo Kurlat - A Course in Modern Macroeconomics.pdf

lgrsnf/Pablo Kurlat - A Course in Modern Macroeconomics.pdf

zlib/Business & Economics/Mathematical Economics/Pablo Kurlat/A Course in Modern Macroeconomics_21405824.pdf

Kurlat, Pablo

Independently published

Primera edición, Los Angeles, California, 2020

United States, United States of America

Jan 14, 2020

{"isbns":["1073566714","9781073566716"]}

I GDP and Living Standards
GDP
GDP Accounting
Making Comparisons
Beyond GDP
The Human Development Index
Beyond GDP
II Economic Growth
Basic Facts about Economic Growth
The Very Long Run
The Kaldor Facts
Growth Across Countries
The Solow Growth Model
Ingredients of the Model
Mechanics
The Golden Rule
Markets
Technological Progress
Theory and Evidence
The Kaldor Facts Again
Putting Numbers on the Model
The Capital Accumulation Hypothesis
Growth Accounting
TFP Differences
III Microeconomic Foundations
Consumption and Saving
Keynesian
Two Period Model
Many periods
Behavioral Theories
Labor and Leisure
Measuring the Labor Market
Static Model
Evidence
A Dynamic Model
Equilibrium in the Labor Market
Investment
Present Values
Risk
MPK and Investment
General Equilibrium
Two-Period Economy
First Welfare Theorem
Infinite-Period Economy
IV Money and Inflation
Money
What is Money?
The Supply of Money
Changing the Supply of Money
The Demand for Money
The Price Level and Inflation
Measurement
Equilibrium
Seignorage
The Cost of Inflation
V Business Cycles
Business Cycle Facts
What are Business Cycles?
Patterns
Who cares?
The RBC Model
A Two-Period Model
Markets
Productivity Shocks
Other Shocks
Assessment
The New Keynesian Model
A Historical and Methodological Note
Monopoly Power
Sticky Prices
IS-LM
Shocks
Simplified
Partially Sticky Prices
Fiscal and Monetary Policy
Fiscal Policy
Monetary Policy
Monetary Policy Regimes
The Liquidity Trap

2022-04-26