Overview
- Presents the answers to in-text exercises in Macroeconomic Theory, Fluctuations, Inflation and Growth in Closed and Open Economies
- Covers 172 exercises in 11 chapters and 3 appendices
- Includes additional exercises for topics not covered in the main text
Part of the book series: Springer Texts in Business and Economics (STBE)
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About this book
This book presents the answers to the exercises in Macroeconomic Theory, Fluctuations, Inflation and Growth in Closed and Open Economies, 2nd Edition, by Fernando de Holanda Barbosa (Cham, Switzerland: Springer, 2024), hereafter referred as Macro Theory.
Altogether, there are 170 exercises in eleven chapters and three appendices. Many of these exercises are based on, or inspired in, the literature listed in the bibliography of Macro Theory, although the sources are not documented. The goal of a good number of exercises is to help the student to develop the skills necessary to obtain the model’s empirically testable predictions. You should try to solve each exercise by yourself but do not be upset if you cannot. Some exercises are very hard and take time to work out. However, to learn, you should persevere and try again and again. We hope that this workbook will help you in the learning process of macroeconomic theory.
The most important change in this second edition is Part IV, which presents an abridged survey of the empirical evidence on macroeconomic models. This part has four chapters. Chapter 12 takes care of growth. Chapter 13 analyzes the main characteristics of business cycles. Chapter 14 presents the empirical evidence on Keynesian models, and Chapter 15 deals with several issues related to the budget constraint, such as chronic inflation, the pathologies of hyperinflation, public debt crises, external debt crises and the fiscal theory of the price level.
Keywords
Table of contents (15 chapters)
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Front Matter
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Monetary and Fiscal Policy Models
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Front Matter
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Macroeconomics: An Abridged Survey of the Empirical Evidence
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Front Matter
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Authors and Affiliations
About the authors
Fernando de Holanda Barbosa is Professor of Economics at FGV EPGE Brazilian School of Economics and Finance. He has a Ph.D. in economics from the University of Chicago (US). He is the author of many academic articles in monetary economics and some are collected in the book Exploring the Mechanics of Chronic Inflation and Hyperinflation (Springer, 2017).
Luiz Antônio de Lima Junior is Adjunct Professor of Economics, Federal University of Minas Gerais (Brazil).
Bibliographic Information
Book Title: Workbook for Macroeconomic Theory
Book Subtitle: Fluctuations, Inflation and Growth in Closed and Open Economies
Authors: Fernando de Holanda Barbosa, Luiz Antônio de Lima Junior
Series Title: Springer Texts in Business and Economics
DOI: https://doi.org/10.1007/978-3-031-82017-5
Publisher: Springer Cham
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2025
Hardcover ISBN: 978-3-031-82016-8Published: 08 April 2025
Softcover ISBN: 978-3-031-82019-9Due: 22 April 2026
eBook ISBN: 978-3-031-82017-5Published: 07 April 2025
Series ISSN: 2192-4333
Series E-ISSN: 2192-4341
Edition Number: 2
Number of Pages: XII, 378
Number of Illustrations: 166 b/w illustrations
Topics: Macroeconomics/Monetary Economics//Financial Economics, Economic Growth