One task of macroeconomics is to understand and predict fluctuations of economic activity over time. Economists seek to identify the moving forces of aggregate activity and to describe how these lead to changes in employment and output. Some of these forces, such as military spending, are accepted as fundamental by almost all economists. But there are also important moving forces that appear within a given model as noise, that is, as departures of economic behaviour from the structural relations of the model. In this book a ...
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One task of macroeconomics is to understand and predict fluctuations of economic activity over time. Economists seek to identify the moving forces of aggregate activity and to describe how these lead to changes in employment and output. Some of these forces, such as military spending, are accepted as fundamental by almost all economists. But there are also important moving forces that appear within a given model as noise, that is, as departures of economic behaviour from the structural relations of the model. In this book a leading macroeconomist discusses several aspects of a noisy economy in order to refine our understanding of booms and recessions.
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Seller's Description:
This is an ex-library book and may have the usual library/used-book markings inside. This book has hardback covers. Clean from markings. In good all round condition. Please note the Image in this listing is a stock photo and may not match the covers of the actual item, 400grams, ISBN: 0300048572.
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HARDCOVER Good-Bumped and creased book with tears to the extremities, but not affecting the text block, may have remainder mark or previous owner's name-GOOD Standard-sized.
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Very Good. Very Good condition. Good dust jacket. A copy that may have a few cosmetic defects. May also contain light spine creasing or a few markings such as an owner's name, short gifter's inscription or light stamp.
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