Macroeconomics: An Overview of Key Concepts and Policies
Abstract
This scientific journal article provides an in-depth analysis of macroeconomics, focusing on its fundamental concepts and policies. Macroeconomics is a vital field in economics that examines the behavior of an entire economy, studying factors like aggregate production, unemployment, inflation, and economic growth. This article aims to shed light on the key principles governing macroeconomic phenomena and the policies employed to stabilize and improve economic conditions. By understanding macroeconomics, policymakers can make informed decisions to foster sustainable economic development.
References
Acemoglu, D., & Robinson, J. A. (2012). Why Nations Fail: The Origins of Power, Prosperity, and Poverty. Crown Business.
Blanchard, O., & Fischer, S. (1989). Lectures on Macroeconomics. MIT Press.
Carlin, W., & Soskice, D. (2014). Macroeconomics: Institutions, Instability, and the Financial System. Oxford University Press.
International Monetary Fund (IMF). (2021). World Economic Outlook Database. Retrieved from https://www.imf.org/en/Publications/WEO
Keynes, J. M. (1936). The General Theory of Employment, Interest, and Money. Harcourt, Brace, and Company.
Mankiw, N. G. (2019). Macroeconomics. Worth Publishers.
Romer, D. (2006). Advanced Macroeconomics. McGraw-Hill Education.
Stiglitz, J. E., Sen, A., & Fitoussi, J. P. (2009). Report by the Commission on the Measurement of Economic Performance and Social Progress. Retrieved from https://ec.europa.eu/eurostat/documents/118025/118123/Fitoussi+Commission+report
Stock, J. H., & Watson, M. W. (2019). Introduction to Econometrics. Pearson.
Taylor, J. B. (2017). Macroeconomics. Cambridge University Press.
United Nations. (2015). Transforming our World: The 2030 Agenda for Sustainable Development. Retrieved from https://sdgs.un.org/2030agenda
World Bank. (2021). World Development Indicators. Retrieved from https://databank.worldbank.org/source/world-development-indicators
World Trade Organization (WTO). (2021). International Trade Statistics. Retrieved from https://www.wto.org/english/res_e/statis_e/statis_e.htm
Woodford, M. (2011). Interest and Prices: Foundations of a Theory of Monetary Policy. Princeton University Press.
Obstfeld, M., Rogoff, K., & Foundation, G. F. (1996). Foundations of International Macroeconomics. MIT Press.
Bernanke, B. S., Olekalns, N., & Frank, R. H. (2007). Principles of Macroeconomics. McGraw-Hill Education.
Fischer, S., Dornbusch, R., & Startz, R. (2013). Macroeconomics. Pearson.
Barro, R. J., & Sala-i-Martin, X. (2003). Economic Growth. MIT Press.
Blanchard, O., & Quah, D. (1989). The Dynamic Effects of Aggregate Demand and Supply Disturbances. American Economic Review, 79(4), 655-673.
Frankel, J. A., & Romer, D. (1999). Does Trade Cause Growth? American Economic Review, 89(3), 379-399.
Galí, J. (2015). Monetary Policy, Inflation, and the Business Cycle: An Introduction to the New Keynesian Framework and its Applications (2nd ed.). Princeton University Press.
Krugman, P., & Obstfeld, M. (2018). International Economics: Theory and Policy (11th ed.). Pearson.
Rogoff, K. (2013). Foundations of International Macroeconomics (2nd ed.). MIT Press.
Stiglitz, J. E. (2012). The Price of Inequality: How Today's Divided Society Endangers Our Future. Norton & Company.
Svensson, L. E. (2010). Inflation Targeting. Princeton University Press.
Taylor, J. B. (1993). Discretion Versus Policy Rules in Practice. Carnegie-Rochester Conference Series on Public Policy, 39, 195-214.
Akerlof, G. A., & Shiller, R. J. (2010). Animal Spirits: How Human Psychology Drives the Economy, and Why It Matters for Global Capitalism. Princeton University Press.
Blanchard, O. J., & Summers, L. H. (1987). Hysteresis in Unemployment. European Economic Review, 31(1-2), 288-295.
Clarida, R., Galí, J., & Gertler, M. (1999). The Science of Monetary Policy: A New Keynesian Perspective. Journal of Economic Literature, 37(4), 1661-1707.
Friedman, M. (1968). The Role of Monetary Policy. American Economic Review, 58(1), 1-17.
Lucas, R. E. Jr. (1976). Econometric Policy Evaluation: A Critique. Carnegie-Rochester Conference Series on Public Policy, 1, 19-46.
Taylor, J. B. (1999). Staggered Price and Wage Setting in Macroeconomics. Handbook of Macroeconomics, 1, 1009-1050.
Blinder, A. S. (1998). Central Banking in Theory and Practice. MIT Press.
Buiter, W. H., & Grafe, C. (2004). Anchor, Float or Abandon Ship: Exchange Rate Regimes for Accession Countries. Economic Journal, 114(497), C601-C676.
Caplin, A., & Leahy, J. (1991). State-Dependent Pricing and the General Equilibrium Dynamics of Money and Output. Quarterly Journal of Economics, 106(4), 1365-1382.
rugman, P. R. (1998). What Happened to Asia? NBER Macroeconomics Annual, 13, 219-264.
Plosser, C. I. (1994). Money and Business Cycles: A Real Business Cycle Interpretation. Journal of Political Economy, 102(4), 862-899.
Sims, C. A. (1980). Macroeconomics and Reality. Econometrica, 48(1), 1-48.
Copyright (c) 2023 International Journal of Science and Society
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
.png)
.jpg)
.png)
.png)
.png)
.png)
1.png)
.jpg)
-modified.png)
-modified.png)
-modified.png)
