Abstract

Preface 1. introduction and overview Part I. The Closed Economy: 2. Review of basic macroeconomic model 3. The formulation of a consistent macroeconomic model 4. the dynamics of the government budget constraint 5. The wage-price sector 6. A short-run integrated macroeconomic model 7. An intermediate ruin macroeconomic model 8. A long run model Part III. The Open Economy: 9. Review of static macroeconomic models of a small open economy 10. Imported inflation and government policies in a short-run open macroeconomic model 11. The dynamics of an open economy with fixed exchange rate and fixed prices 12. Imported inflation and government policies in a dynamic open macroeconomic model Part III. Stabilization Policies: 13. An introduction to stabilization theory and policy 14. Optimal stabilization theory Notes References Index.

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