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Advanced Macroeconomics: An Easy GuideMacroeconomic policy is one of the most important policy domains, and the tools of macroeconomics are among the most valuable for policy makers. Yet there has been, up to now, a wide gulf between the level at which macroeconomics is taught at the undergraduate level and the level at which it is practiced. At the same time, doctoral-level textbooks are usually not targeted at a policy audience, making advanced macroeconomics less accessible to current and aspiring practitioners.
This book, born out of the Masters course the authors taught for many years at the Harvard Kennedy School, fills this gap. It introduces the tools of dynamic optimization in the context of economic growth, and then applies them to a wide range of policy questions – ranging from pensions, consumption, investment and finance, to the most recent developments in fiscal and monetary policy. It does so with the requisite rigor, but also with a light touch, and an unyielding focus on their application to policy-making, as befits the authors’ own practical experience.
Publication Date: 2021
Intermediate MicroeconomicsIntermediate Microeconomics is a comprehensive microeconomic theory text that uses real world policy questions to motivate and illustrate the material in each chapter. Intermediate Microeconomics is an approachable yet rigorous textbook that covers the entire scope of traditional microeconomic theory and includes two mathematical approaches, allowing instructors to teach the material with or without calculus. With real-world policy topics as an entree into each subject, Intermediate Microeconomics will help students engage with the material and facilitate learning not only the concepts, but their importance and application as well.
Macroeconomics by Lumen LearningThis macroeconomics course prepares students to think like economists and analyze decisions made by individuals, businesses, and governments. Students will learn about the key macroeconomic indicators of GDP, unemployment, and inflation, then apply these concepts to analyze economic behavior. Content coverage includes choice and scarcity; supply and demand; elasticity; applications of supply and demand; elasticity; gdp and economic growth; unemployment and inflation; the aggregate demand-aggregate supply model; Keynesian economics and neoclassical economics; the income-expenditure model; fiscal policy; money and banking; monetary policy; policy applications; globalization and trade; exchange rates and international finance.
Microeconomics by Lumen LearningThis course provides a strong foundation in microeconomic theory, whether preparing for further study in economics, the social sciences, business, or other disciplines. Designed to help students think like economists, course materials use engaging, real-world examples to explore how individuals and firms make economic choices. Key topics include supply and demand, elasticity, utility, production and costs, and an analysis of types of markets: perfect competition, monopoly, monopolistic competition, and oligopoly. Content coverage also includes public goods and externalities, labor markets, income distribution, globalization and trade, and exchange rates and international finance. An orientation module helps students refresh skills around modeling, graphing, and algebra for economic problem-solving.