1st Edition
Understanding Macroeconomic Theory
1. Introduction 2. Walrasian Economy 3. Firms as Market Participants 4. Households as Market Participants 5. Summarizing the Behavior and Constraints of Firms and Households 6. The Simple Neoclassical Macroeconomic Model (Without Government or Depository Institutions) 7. Empirical Macroeconomics: Traditional Approaches and Time Series Models 8. The Neoclassical Model 9. The ‘Keynesian Model’ with Fixed Money Wage: Modifying the Neoclassical Model 10. The Lucas Model 11. Policy 12. Open Economy
Biography
John M. Barron is the Loeb Professor of Economics in the Krannert School of
Management at Purdue University.
Bradley T. Ewing is the Jerry S. Rawls Endowed Professor in Operations
Management in the Rawls College of Business at Texas Tech University.
Gerald J. Lynch is Professor of Economics in the Krannert School of Management
at Purdue University.
