This book aims to systematically develop a general equilibrium macroeconomic model for both closed and open economies. In the seventh edition, Chapter 8 (The Standard Model of Neo-Keynesian Macroeconomics) has been revised and expanded to include a section on the neo-Keynesian IS-LM model.
This book aims to systematically develop a general equilibrium macroeconomic model for both closed and open economies. In the seventh edition, Chap...
