Microeconomics of consumer theory -- Consumer analysis, firm analysis, fiscal policy, introduction to finance theory -- Static consumption-labor framework -- Dynamic consumption-savings framework -- Inflation and interest rates in the consumption-savings framework -- Dynamic consumption-labor...

Modern business cycle theory and growth theory uses stochastic dynamic general equilibrium models. Many mathematical tools are needed to solve these models. The book presents various methods for computing the dynamics of general equilibrium models. In part I, the representative-agent stochastic...

Gegenstand des Buches ist die Erklärung des Angebots- und Nachfrageverhaltens von Haushalten und Unternehmungen und ihr Zusammenwirken auf Güter- und Faktormärkten. Zentrales Analysekonzept ist dabei das (allgemeine) Gleichgewicht. Das Buch macht von der algebraischen Methode rigoros...

Modern business cycle theory and growth theory uses stochastic dynamic general equilibrium models. Many mathematical tools are needed to solve these models. The book presents various methods for computing the dynamics of general equilibrium models. In part I, the representative-agent stochastic...