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- catalog abstract ""In this book Roger E.A. Farmer takes a somewhat controversial point of view, arguing for the future of macroeconomics as a branch of applied general equilibrium theory. His main theme is that macroeconomics is best viewed as the study of equilibrium environments in which the welfare theorems break down. This approach makes it possible to discuss the role of government policies in a context in which policy can serve some purpose."--Jacket. "The second edition has been updated in three ways: (1) Problems are included at the end of every chapter, and a study guide containing sample answers to all of the problems is available; (2) a new chapter discusses research from the past five years on business fluctuations in multisector models; and (3) the chapter on representative agent growth models now includes an appendix that explains the transversality condition."--Jacket.".
- catalog contributor b11108142.
- catalog created "c1999.".
- catalog date "1999".
- catalog date "c1999.".
- catalog dateCopyrighted "c1999.".
- catalog description ""In this book Roger E.A. Farmer takes a somewhat controversial point of view, arguing for the future of macroeconomics as a branch of applied general equilibrium theory. His main theme is that macroeconomics is best viewed as the study of equilibrium environments in which the welfare theorems break down. This approach makes it possible to discuss the role of government policies in a context in which policy can serve some purpose."--Jacket.".
- catalog description ""The second edition has been updated in three ways: (1) Problems are included at the end of every chapter, and a study guide containing sample answers to all of the problems is available; (2) a new chapter discusses research from the past five years on business fluctuations in multisector models; and (3) the chapter on representative agent growth models now includes an appendix that explains the transversality condition."--Jacket.".
- catalog description "1. Introduction -- 2. Linear Difference Equations: Part 1 -- 3. Linear Difference Equations: Part 2 -- 4. General Equilibrium Theory under Certainty -- 5. Infinite Horizon Economies and Representative Agents -- 6. Infinite Horizon Economies and Overlapping Generations -- 7. Infinite Horizon Economies with Nonconvexities -- 8. Some Recent Developments -- 9. General Equilibrium Theory and Uncertainty -- 10. Sunspots -- 11. Macroeconomic Models of Money -- 12. Applied Monetary Theory.".
- catalog description "Includes bibliographical references (p. [289]-293) and indexes.".
- catalog extent "xvi, 300 p. :".
- catalog identifier "0262062038 (alk. paper)".
- catalog issued "1999".
- catalog issued "c1999.".
- catalog language "eng".
- catalog publisher "Cambridge, Mass. : MIT Press,".
- catalog subject "339 21".
- catalog subject "Equilibrium (Economics) Mathematical models.".
- catalog subject "HB172.5 .F37 1999".
- catalog subject "Macroeconomics Mathematical models.".
- catalog tableOfContents "1. Introduction -- 2. Linear Difference Equations: Part 1 -- 3. Linear Difference Equations: Part 2 -- 4. General Equilibrium Theory under Certainty -- 5. Infinite Horizon Economies and Representative Agents -- 6. Infinite Horizon Economies and Overlapping Generations -- 7. Infinite Horizon Economies with Nonconvexities -- 8. Some Recent Developments -- 9. General Equilibrium Theory and Uncertainty -- 10. Sunspots -- 11. Macroeconomic Models of Money -- 12. Applied Monetary Theory.".
- catalog title "The macroeconomics of self-fulfilling prophecies / Roger E.A. Farmer.".
- catalog type "text".