LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600034 DEPARTMENT OF ECONOMICS Major Core (MC)
... Keynesian Macroeconomics – Consumption function – Keynesian-Classical synthesis – Patinkin and the general equilibrium approach – New Keynesian Economics (12 hours) ...
... Keynesian Macroeconomics – Consumption function – Keynesian-Classical synthesis – Patinkin and the general equilibrium approach – New Keynesian Economics (12 hours) ...
macroeconomics
... inflation An increase in the overall price level. hyperinflation A period of very rapid increases in the overall price level. Hyperinflations are rare, but have been used to study the costs and consequences of even moderate inflation deflation A decrease in the overall price level. Prolonged periods ...
... inflation An increase in the overall price level. hyperinflation A period of very rapid increases in the overall price level. Hyperinflations are rare, but have been used to study the costs and consequences of even moderate inflation deflation A decrease in the overall price level. Prolonged periods ...
Modern Economic Growth
... • Investment this year increases next year’s capital stock, which in turn generates an increase in next year’s consumption and investment spending. © 2013 Cengage Learning ...
... • Investment this year increases next year’s capital stock, which in turn generates an increase in next year’s consumption and investment spending. © 2013 Cengage Learning ...
Long-Run Economic Growth
... • Investment this year increases next year’s capital stock, which in turn generates an increase in next year’s consumption and investment spending. © 2010 Cengage Learning ...
... • Investment this year increases next year’s capital stock, which in turn generates an increase in next year’s consumption and investment spending. © 2010 Cengage Learning ...
Economics: Principles, Applications, and Tools, 5th ed.
... barrel to less than $13 a barrel. The result: gasoline prices were lower than they had been in over 50 years. In 2005, oil prices shot up to $60 a barrel. • Reason: increased demand throughout the world, particularly in fastgrowing countries such as China and India. • Result: the economy appeared to ...
... barrel to less than $13 a barrel. The result: gasoline prices were lower than they had been in over 50 years. In 2005, oil prices shot up to $60 a barrel. • Reason: increased demand throughout the world, particularly in fastgrowing countries such as China and India. • Result: the economy appeared to ...
Autumn Post Keynesian Economics Study Group
... The Society of Government Economists will be organizing several sessions at our annual, oneday conference in Washington, DC. The Society’s motivation for organizing these sessions is to promote economic thought that will be beneficial to government economists. Specifically, sessions will be designed ...
... The Society of Government Economists will be organizing several sessions at our annual, oneday conference in Washington, DC. The Society’s motivation for organizing these sessions is to promote economic thought that will be beneficial to government economists. Specifically, sessions will be designed ...
Economics - University of Mysore
... The BOS in Economics (U.G.) which met on 26.11.2012 has resolved to make some modifications in the size of the syllabus of U.G. Economics. It is also resolved to implement the modified syllabus from 2013-14. The Faculty of Arts and the Academic Council at their meetings held on 20-02-2013 and 27-03- ...
... The BOS in Economics (U.G.) which met on 26.11.2012 has resolved to make some modifications in the size of the syllabus of U.G. Economics. It is also resolved to implement the modified syllabus from 2013-14. The Faculty of Arts and the Academic Council at their meetings held on 20-02-2013 and 27-03- ...
ch22
... Why Do Economies Grow? • Economists believe that there are two basic mechanisms that increase GDP per capita over the long term: 1. Capital deepening: an increase in the economy’s ...
... Why Do Economies Grow? • Economists believe that there are two basic mechanisms that increase GDP per capita over the long term: 1. Capital deepening: an increase in the economy’s ...
The Lucas Critique – is it really relevant?
... the focus of the macroeconomic analysis was primarily narrowed down to supple side effects only. Demand side effects – shocks of an exogenous nature – were in general not able to affect the macroeconomic outcome although they might have a minor role to play in the very short run. Finally, after year ...
... the focus of the macroeconomic analysis was primarily narrowed down to supple side effects only. Demand side effects – shocks of an exogenous nature – were in general not able to affect the macroeconomic outcome although they might have a minor role to play in the very short run. Finally, after year ...
INSTITUTIONALISM AS "SCIENTIFIC" ECONOMICS Malcolm
... attenuated life in modern economics; and it is this facile recourse to inscrutable figures of speech as the ultimate terms of theory that has saved the economists from being dragooned into the ranks of modern science' (Veblen 1898, p. 13). In this, economics is 'living over again in its turn the exp ...
... attenuated life in modern economics; and it is this facile recourse to inscrutable figures of speech as the ultimate terms of theory that has saved the economists from being dragooned into the ranks of modern science' (Veblen 1898, p. 13). In this, economics is 'living over again in its turn the exp ...
Introduction to Macroeconomics
... Sticky price • Sticky prices are prices that do not always adjust rapidly to maintain the equality between quantity supplied and quantity demanded. • Example: Suppose there is an inflation occurred in Gaza Strip, and the labor of PALTEL company asked the administration of the company to increase the ...
... Sticky price • Sticky prices are prices that do not always adjust rapidly to maintain the equality between quantity supplied and quantity demanded. • Example: Suppose there is an inflation occurred in Gaza Strip, and the labor of PALTEL company asked the administration of the company to increase the ...
Download pdf | 891 KB |
... (including Germany at that time) • Many countries, especially in the south, still lack flexibility • Recent structural reforms are in the right direction but they are taking time to have a positive impact and they need the cooperation of all social partners. • The German reforms of 2002-05 tool plac ...
... (including Germany at that time) • Many countries, especially in the south, still lack flexibility • Recent structural reforms are in the right direction but they are taking time to have a positive impact and they need the cooperation of all social partners. • The German reforms of 2002-05 tool plac ...
PPT
... barrel to less than $13 a barrel. The result: gasoline prices were lower than they had been in over 50 years. In 2005, oil prices shot up to $60 a barrel. • Reason: increased demand throughout the world, particularly in fastgrowing countries such as China and India. • Result: the economy appeared to ...
... barrel to less than $13 a barrel. The result: gasoline prices were lower than they had been in over 50 years. In 2005, oil prices shot up to $60 a barrel. • Reason: increased demand throughout the world, particularly in fastgrowing countries such as China and India. • Result: the economy appeared to ...
UNIVERSITY OF CALICUT Abstract
... An understanding of the institutions, social, political and economic. that influence Economic issues An ability to present one’s own analysis of the problems and issues in the language of an ‘Economist’ ...
... An understanding of the institutions, social, political and economic. that influence Economic issues An ability to present one’s own analysis of the problems and issues in the language of an ‘Economist’ ...
Principles of Economics, Case and Fair,9e
... Orthodox macro theory consists of demandoriented theories that failed to explain the stagflation of the 1970s. Supply-side economists believe that the real problem was that high rates of taxation and heavy regulation had reduced the incentive to work, to save, and to invest. What was needed was not ...
... Orthodox macro theory consists of demandoriented theories that failed to explain the stagflation of the 1970s. Supply-side economists believe that the real problem was that high rates of taxation and heavy regulation had reduced the incentive to work, to save, and to invest. What was needed was not ...
About
... I've become enemy #1 of the FairTax community since myMay 2003 article "FairTax Income Taxes vs. Sales Taxes is not completely... The Oil Supply About Economics September 1, 2005, 12:14 pm Where I live the price at the gas pump jumped 25% over a single day due to Hurricane Katrina shutting down oil ...
... I've become enemy #1 of the FairTax community since myMay 2003 article "FairTax Income Taxes vs. Sales Taxes is not completely... The Oil Supply About Economics September 1, 2005, 12:14 pm Where I live the price at the gas pump jumped 25% over a single day due to Hurricane Katrina shutting down oil ...
The Theory of Relative-Price Changes, Money, and Demand Factors
... demand due to the weak economy is the main culprit. If the latter viewpoint is more correct, government action to mitigate the situation is possible, whereas the scope of such action is limited if the former view is more likely. This debate, vehement during the recession, seems to be growing even mo ...
... demand due to the weak economy is the main culprit. If the latter viewpoint is more correct, government action to mitigate the situation is possible, whereas the scope of such action is limited if the former view is more likely. This debate, vehement during the recession, seems to be growing even mo ...
UNIVERSITY OF CALICUT Abstract
... An understanding of the institutions, social, political and economic. that influence ...
... An understanding of the institutions, social, political and economic. that influence ...
Principles of Economics, Case and Fair,8e
... functioning of individual industries and the behavior of individual decisionmaking units—business firms and households. macroeconomics Deals with the economy as a whole. Macroeconomics focuses on the determinants of total national income, deals with aggregates such as aggregate consumption and inves ...
... functioning of individual industries and the behavior of individual decisionmaking units—business firms and households. macroeconomics Deals with the economy as a whole. Macroeconomics focuses on the determinants of total national income, deals with aggregates such as aggregate consumption and inves ...
Principles of Economics Third Edition by Fred Gottheil
... through investment, firms must experience even higher sales. But if consumers simply maintain their level of consumption, inventories build up and investment declines, initiating the downward phase of the cycle. Gottheil - Principles of Economics, 4e © 2005 Thomson ...
... through investment, firms must experience even higher sales. But if consumers simply maintain their level of consumption, inventories build up and investment declines, initiating the downward phase of the cycle. Gottheil - Principles of Economics, 4e © 2005 Thomson ...
Social Conflict and the Effectiveness of Aggregate Demand
... A full account of the golden age and its decline is beyond the scope of this article. Rather, the focus is on the effectiveness of aggregate demand policies. As will become clear in the next section, according to the social conflict approach, aggregate demand policy that could maintain output at its ...
... A full account of the golden age and its decline is beyond the scope of this article. Rather, the focus is on the effectiveness of aggregate demand policies. As will become clear in the next section, according to the social conflict approach, aggregate demand policy that could maintain output at its ...
agricultural economics
... In compliance with the above provisions, the Curriculum Division of HEC undertakes the revision of curricula after every three years through respective National Curriculum Revision Committees (NCRCs) which consist of eminent professors and researchers of relevant fields from public and private secto ...
... In compliance with the above provisions, the Curriculum Division of HEC undertakes the revision of curricula after every three years through respective National Curriculum Revision Committees (NCRCs) which consist of eminent professors and researchers of relevant fields from public and private secto ...
ECON
... An introductory course designed for students in engineering and computer science programs. Topics covered include price, production and cost theory; aggregate supply, aggregate demand; money and banking; public finance; and international economics. Open only to engineering and computer science stude ...
... An introductory course designed for students in engineering and computer science programs. Topics covered include price, production and cost theory; aggregate supply, aggregate demand; money and banking; public finance; and international economics. Open only to engineering and computer science stude ...
CURRICULUM VITAE - Brookings Institution
... Personal Data Born: October 14, 1945, Brooklyn, New York. Marital Status: married (Madeline Blinder); two sons, ages 42 and 38; two grandsons Educational Background Ph.D., Massachusetts Institute of Technology, l97l M.Sc. (Econ.), London School of Economics, 1968 A.B., Princeton University, summa cu ...
... Personal Data Born: October 14, 1945, Brooklyn, New York. Marital Status: married (Madeline Blinder); two sons, ages 42 and 38; two grandsons Educational Background Ph.D., Massachusetts Institute of Technology, l97l M.Sc. (Econ.), London School of Economics, 1968 A.B., Princeton University, summa cu ...
Greg Mankiw
Nicholas Gregory Mankiw (/ˈmæn.kjuː/; born February 3, 1958) is an American macroeconomist and the Robert M. Beren Professor of Economics at Harvard University. Mankiw is best known in academia for his work on New Keynesian economics.From 2003 to 2005, Mankiw was chairman of the Council of Economic Advisers under President George W. Bush. In 2006, he became an economic adviser to Mitt Romney and continued during Romney's 2012 presidential bid. He is a conservative and he writes a popular blog, ranked the number one economics blog by US economics professors in a 2011 survey. He is also author of the best-selling textbook Principles of Economics. As of April 2015, the IDEAS/RePEc overall ranking put him as the 41st most influential economist in the world; as measured by the h-index, he was ranked the 13th most productive research economist. In 2007 he was elected a member of the American Academy of Arts and Sciences. Along with David Card, he was elected vice president of the American Economic Association for 2014.