( EBOOK Big Ideas in Macroeconomics ) Ö Kartik B. Athreya – doctorio.us
Free read Í PDF, eBook or Kindle ePUB · Kartik B. AthreyaEnce of math it is a technical book Athreya seems to think otherwise Towards the end of chapter 5 after 300 pages of demanding discussions on material that only economists would Ormen i Essex find of interest the author explains in plain English what the prisoner s dilemma is I doubt anybody in the remaining audience needed to be toldI will keep a copy of this book at handor two reasons First because I want to savor and ponder again many of Athreya s discussions His points can be really deep although only of interest to an economist Second because the list of references is impressive Athreya is a well read economist Time and again I Bare It All (Love Undercover, felt compelled to read the numerous books and articles he referencesFor a thoughtful review read Noah Smith s blog post Apparently nontechnical means without euations and graphs Unfortunately topics Athreya is writing about are very hard to express in words alone That is why book is uite boring and hard to read The book can be usefulor students as a complement to technical texts but not or general public 339 A871 2014. Book Athreya shows how the Walrasian approach shapes and unifies much of modern macroeconomics He details models central to ongoing macroeconomic analyses the neoclassical and stochastic growth models the standard markets model the overlapping generations model and #the standard search model Athreya's accessible primer traces the links the views and policy advice #standard search model Athreya's accessible primer traces the links between the views and policy advice modern macroeconomists and their shared theoretical approac.
and complex everywhere as would become impossible to analyze Although I m in Athreya s camp I wish he had made a stronger case or non neoclassical approaches limited rationality non rational expectations Keynesian economics etcWho is this book or Economists I think Very A Bird in the House few people without graduate level education in economics willinish it because as I said despite the abs. E as interpretive tools as well as their policy relevance Athreya deliberately leaves out the technical machinery providing an essential guide the sometimes #abstract ideas that drive macroeconomists' research and practical policy adviceAthreya describes the main approach to macroeconomic construction the #ideas that drive macroeconomists' research and practical policy adviceAthreya describes the main approach to macroeconomic model construction the Walrasian general euilibrium ramework and its modern version the Arrow Debreu McKenzie ADM model In the heart of the. ,Rich And Complex Everywhere As
Excellent I wish I had read this during my second year in graduate school after taking the core PhD curriculum Kartik Athreya ties the important results in microeconomic theory particularly regarding Walrasian
euilibrium to the setups of workhorse macroeconomic models Both the book s title and subtitle mightto the setups of workhorse macroeconomic models Both the book s title and subtitle might you First big ideas doesn t mean important contributions of macroeconomics This book is not about the sausage but about how the sausage is made Second the nature of the subject is incompatible with the book s subtitle With nontechnical what the author means is there s no math But #The Subject Is Deeply #subject is deeply It couldn t be any other way as he writes about macroeconomic modelling which is always done with math I do admire however the author s great skill in walking the reader through all the important theorems of the macroeconomic plumbing without a single euation With Athreya you re in the hands of an orthodox economist one who defends vigorously the role of math in economic research and the standard simplifications and assu. An accessible description of modern macroeconomics and a defense of its policy relevanceMacroeconomists have been caricatured either as credulous savants in love with the beauty of their mathematical models or as ree market Not Just Roommates fundamentalists who admit no doubt as to the market's wisdom In this book Kartik Athreya draws a truer picture offering a nontechnical description of prominent ideas and models in macroeconomics and arguingor their valu.
Kartik B. Athreya