Formats
Anthologies
114
Audio
291
Catalogues
351
Clothing
24
Editions
30
Ephemera
56
Literary
38
Monographs
167
Posters
257
Video
40
Zines
139

Shop > Artists' Books

Out of Stock
#06064

Big Ideas in Macroeconomics: A Nontechnical View

Artist
Kartik B. Athreya
Date
2013
Publisher
MIT Press
Format
Artists' Books
ISBN
9780262019736
Size
15.5 × 23.5 × 2.5 cm
Length
415 
Description

Macroeconomists have been caricatured either as credulous savants in love with the beauty of their mathematical models or as free-market fundamentalists who admit no doubt as to the market’s wisdom. In this book, Kartik Athreya draws a truer picture, offering a nontechnical description of prominent ideas and models in macroeconomics, arguing for their value as interpretive tools as well as their policy relevance. Athreya deliberately leaves out the technical machinery, providing students new to modern macroeconomics as well as readers with no formal training in economics or mathematics—including economic writers and policymakers—with an essential guide to the sometimes abstract ideas that drive macroeconomists’ research and practical policy advice.

Athreya describes the main approach to macroeconomic model construction, the foundational Walrasian general equilibrium framework, and its modern version, the Arrow-Debreu-McKenzie (ADM) model. He then explains the reasons for the relevance of this model for interpreting real-world outcomes, and lays out the so-called Fundamental Theorems of Welfare Economics. In the heart of the book, Athreya shows how the Walrasian approach shapes and unifies much of modern macroeconomics. He details models central to ongoing macroeconomic analyses: the neoclassical and stochastic growth models, the standard incomplete-markets model, the overlapping-generations model, and the standard search model. Athreya’s accessible primer traces the links between the views and policy advice of modern macroeconomists and their shared theoretical approach.

  1. Big Ideas in Macroeconomics: A Nontechnical View
 

Related Items

  1. The Global Contemporary and the Rise of New Art Worlds
  2. Alexander Pilis: Parallax History: View BI - Oculus
  3. Jim Verburg: O/ Divided/Defined, Weights, Measures, and Emotional Geometry
  4. Pie in the Sky
  5. Tom McDonough: Boredom
  6. Cathy Busby: Your Choice
  7. N.E. Thing Co.: Companies Act
  8. Kyrill Constantinides Tank: Janus Neinus Vielleichtus
  9. Gwen Allen: The Magazine
  10. Bárbara Rodríguez Muñoz: Health
  11. Joseph Lammirato: The Small Book of Great Big Dreams,
  12. Lise Melhorn-Boe: Big Black Bag
  13. Barbara Balfour: Behind the Restaurant, 2010
  14. Eric Tabuchi: A French American Trip
  15. Liz Knox: Commentariat
  16. Steven Zultanski: AGONY
  17. Chris Foster: New Civilizations
  18. Michalis Pichler: Idea Poll
  19. How to Write (more)
  20. Rick Myers: Funnel Vision (Portable Museum)
  21. Stephen Gill: Coming Up For Air
  22. Erik van der Weijde: Third Reich
  23. A Sudden Drop
  24. Félicia Atkinson and Bartolomé Sanson: The Last Frontier
  25. Yoko Ono: Spare Room
  26. Susanna Browne: Country War Songs
  27. Daniel Olson: Pocket Notes (Dublin)
  28. Michael Snow: October 114
  29. Garry Neill Kennedy: The Last Art College
  30. October 145: Summer 2013
  31. OCTOBER 146 - Fall 2013
  32. OCTOBER 146 - Winter 2014