General Equilibrium | Stephen Kinsella

{ Tag Archives } General equilibrium

Economics for Business Lecture 17

In the last few lectures, we’ve looked at growth theory and the stakes involved in getting the basics wrong. We saw the Solow model’s predictions about sustained capital accumulation (): keep population growth low, keep savings () and therefore investment() rather high, and try to curb depreciation on assets. Technical progress and human capital move [...]

Also tagged Economic, Economic growth, Exogenous growth model, Gross domestic product, Macroeconomics, Model, Population growth

2008 11 14 EC4004 Comments (0)

Notes to Self: Blanchard on the Future of Macroeconomics

Olivier Blanchard of MIT is one of the top macroeconomists in the world. When he write articles like this, it’s worth your time reading what he thinks.
Or, you could read what I think he thinks. Which may save time.
My summary. Macroeconomics is the study of fluctuations. Since the 1970’s there have been three approaches to [...]

Also tagged Bank of England, Daron Acemoglu, Economics, International Monetary Fund, Joseph E. Stiglitz, Joseph Stiglitz, Keynesian economics, Macroeconomics, Massachusetts Institute of Technology, Olivier Blanchard, Private sector, Robert Lucas, United States

2008 09 11 Readings Comments (0)

Pedagogical Approaches to Theories of Endogenous versus Exogenous Money: Pluralism in Action?

Here’s the third of the `teaching’ papers series I’ve been writing recently. First, I was interested in exploring problem based learning in advanced monetary economics, then I fiddled about with software to get large classes to interact. In this paper, written for the workshop `Pluralism in economics: rethinking the teaching of economics’, October 18, 2008, City [...]

Also tagged City University, City University London, Economics, London, Macroeconomics, Problem-based learning, University of Cambridge

2008 08 28 UL Comments (0)