Macroeconomic Theory:Fluctuations, Inflation and Growth in Closed and Open Economies

宏观经济理论:封闭与开放经济体中的波动、通货膨胀与增长

宏观经济学

售   价:
972.00
发货周期:预计8-10周发货
作      者
出版时间
2018年08月18日
装      帧
精装
ISBN
9783319921310
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页      码
457
语      种
英文
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图书简介
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 of money is the amount of goods bought with one unit of money, in other words, the inverse of the price level. Determination of the price level, or the value of money, is a fascinating subject in a fiat money economy.
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