Essays in Macroeconomics of an Open Economy
Franz Gehrels
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Description for Essays in Macroeconomics of an Open Economy
Paperback. The large aggregates in the economy such as consumption, investment, production in the domestic and the international sectors, international capital flows, financial accumulation and indebtedness, are analyzed in this book in terms of problems in time-optimization for enterprises and households. Series: Lecture Notes in Economics and Mathematical Systems. Num Pages: 190 pages, 7 black & white tables, biography. BIC Classification: KCB. Category: (UU) Undergraduate. Dimension: 242 x 170 x 11. Weight in Grams: 351.
The large aggregates in the economy - consumption, investment, production of the domestic and the international sectors, international capital flows, financial accumulation and indebtedness - are analysed in this book as problems in time-optimisation for enterprises and households. The effects of fiscal and monetary policies along with exchange-rate variation are examined, and their simultaneous use for stabilizing demand are found to be necessary. All household decisions on consumptions, savings, and financial disposition are conditioned by uncertainty, and similarly for firms, who make more complex simultaneous decisions on production, real investment, financing, and market strategy. The marginal efficiency-of-investment function derived from ... Read more
The large aggregates in the economy - consumption, investment, production of the domestic and the international sectors, international capital flows, financial accumulation and indebtedness - are analysed in this book as problems in time-optimisation for enterprises and households. The effects of fiscal and monetary policies along with exchange-rate variation are examined, and their simultaneous use for stabilizing demand are found to be necessary. All household decisions on consumptions, savings, and financial disposition are conditioned by uncertainty, and similarly for firms, who make more complex simultaneous decisions on production, real investment, financing, and market strategy. The marginal efficiency-of-investment function derived from ... Read more
Product Details
Format
Paperback
Publication date
1991
Publisher
Springer-Verlag Berlin and Heidelberg GmbH & Co. KG Germany
Number of pages
190
Condition
New
Series
Lecture Notes in Economics and Mathematical Systems
Number of Pages
183
Place of Publication
Berlin, Germany
ISBN
9783540540748
SKU
V9783540540748
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
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