000 02117nam a22003011i 4500
003 UkCbUP
005 20251013123724.0
008 230728s2024||||enk o 001 0|eng|d
020 _a9781009465779
020 _z9781009465786
020 _z9781009465793
041 _aEnglish
082 0 4 _a339
_223
_bRUD
100 1 _aRudd, Jeremy Bay,
100 1 _d1970-
_eauthor.
245 1 2 _aA practical guide to macroeconomics /
_cJeremy B. Rudd.
260 _aCambridge, United Kingdom :
_bCambridge University Press,
_c2024.
300 _axvii, 303 pages :
_billustrations ;
_c23 cm.
505 _aTable of Contents 1. Introduction: is macroeconomics useful? 2. Trends and cycles, shocks and stability 3. Determinants of aggregate spending and saving 4. Production functions and growth accounting 5. The macroeconomics of 'the' labor market 6. Understanding US inflation dynamics 7. What does monetary policy do? 8. What does fiscal policy do? 9. Conclusion: is (macro)economics useful? Appendix: miscellaneous notes on economic measurement.
506 _aAccess restricted to subscribing institutions.
520 _aThere is an uncomfortably large gulf between academic research and what policy economists use to understand the economy. A Practical Guide to Macroeconomics shows how economists at policy institutions approach important real-world questions and explains why existing academic work - theoretical and empirical - has little to offer them. It argues that this disconnect between theory and practice is problematic for policymaking and the economics profession and looks at what's needed to make academic research more relevant for policy. The book also covers topics related to economic measurement and provides a compact overview of US macroeconomic statistics that will help researchers use these data in a better-informed way.
650 0 _aMacroeconomics.
776 0 8 _iPrint version:
_z9781009465786.
856 4 0 _uhttps://ezproxy.lib.gla.ac.uk/login?url=https://doi.org/10.1017/9781009465779
856 4 0 _zConnect to resource
907 _a.b41376316
942 _2ddc
_cBOOKS
999 _c45913
_d45913