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Monopolistic Competition and Macroeconomic Theory Solow Paperback 9780521626163
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Item specifics
- Condition
- BIC Subject Area 1
- Macroeconomics [KCB]
- Book Title
- Monopolistic Competition and Macroeconomic Theory
- ISBN
- 0521626161
- Publication Date
- 28/11/1998
- Item Depth
- 5
- Publication Name
- Monopolistic Competition and Macroeconomic Theory
- Publisher
- Cambridge University Press
- Subject
- Economics
- Publication Year
- 1998
- Series
- Federico Caffe Lectures
- Type
- Textbook
- Format
- Paperback
- Language
- English
- Item Height
- 216 mm
- Item Weight
- 130 g
- Item Width
- 140 mm
- Number of Pages
- 90 Pages
About this product
Product Information
Much of today's conventional macroeconomic theory presumes that markets for goods approach the state of perfect competition. Monopolistic Competition and Macroeconomic Theory assumes that markets are imperfect, so that sellers have some power over price, and must therefore form quantity expectations about the location of the firm's demand curve. The question is then about the macroeconomic implications of imperfect competition in goods markets. The first chapter is a brief survey of ideas recently proposed in economics including multiple equilibria. The second chapter describes a particular micro-based macro model that allows several families of equilibria. The third chapter shows how a standard locational model can be used to describe a sample macroeconomy when firms have close rivals. In this volume derived from his Federico Caffe Lecture, Nobel Laureate Robert Solow shows that there are simple and tractable micro-based models that offer the possibility of a richer and more intuitive macroeconomics.
Product Identifiers
Publisher
Cambridge University Press
ISBN-13
9780521626163
eBay Product ID (ePID)
87184580
Product Key Features
Number of Pages
90 Pages
Language
English
Publication Name
Monopolistic Competition and Macroeconomic Theory
Publication Year
1998
Subject
Economics
Type
Textbook
Series
Federico Caffe Lectures
Format
Paperback
Dimensions
Item Height
216 mm
Item Weight
130 g
Item Width
140 mm
Additional Product Features
Country/Region of Manufacture
United Kingdom
Item description from the seller
Business seller information
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- c***k (2)- Feedback left by buyer.Past monthVerified purchaseFör tung att ta med sig till universitetet. Passar bättre för hemmastudier.
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