Fernando De Holanda Barbosa

Macroeconomic Theory

Fluctuations, Inflation and Growth in Closed and Open Economies

Buch

Macroeconomics is the application of economic theory to the study of the economy's growth, cycle and price-level determination. Macroeconomics takes account of stylized facts observed in the real world and builds theoretical frameworks to explain such facts. Economic growth is a stylized fact of market economies, since England's nineteenth-century industrial revolution. Until then, poverty was a common good for humanity. Economic growth consists in the persistent, smooth and sustained increase of per-capita income. A market economy shows periods of expanding and contracting economic activity. This phenomenon is the economic cycle. The price o… Mehr

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Produktdetails

ISBN: 978-3-319-92131-0
EAN: 9783319921310
Produktnummer: 27245226
Verlag: Springer International Publishing
Sprache: Englisch
Erscheinungsjahr: 2018
Seitenangabe: 480 S.
Masse: H24.1 cm x B16.0 cm x D3.1 cm 881 g
Auflage: 1st ed. 2018
Abbildungen: HC runder Rücken kaschiert
Gewicht: 881

Über den Autor

Fernando de Holanda Barbosa is Professor of Economics at FGV EPGE Brazilian School of Economics and Finance. He has a Ph.D. in economics from the University of Chicago. He is the author of many academic articles in monetary economics and some are collected in the book Exploring the Mechanics of Chronic Inflation and Hyperinflation (Springer, 2017).