Search results
Results from the WOW.Com Content Network
Macroeconomics is a branch of economics that deals with the performance, structure, behavior, and decision-making of an economy as a whole. [1] This includes regional, national, and global economies .
The Journal of Macroeconomics is a peer-reviewed academic journal established in 1979 that covers research on a broad range of issues in monetary economics and macroeconomics, including economic growth, fluctuations, fiscal policy, and macroeconomic forecasting. [1]
Another example of a model in ecological economics is the doughnut model from economist Kate Raworth. This macroeconomic model includes planetary boundaries, like climate change into its model. These macroeconomic models from ecological economics, although more popular, are not fully accepted by mainstream economic thinking.
He is the founder and chief economist of Pantheon Macroeconomics, an economic research firm located in Newcastle, England, with offices in London and Valhalla, New York. [1] In February 2015, [ 2 ] he was named The Wall Street Journal's US economic forecaster of the year for the second time, having previously won the award in 2003.
A macroeconomic model is an analytical tool designed to describe the operation of the problems of economy of a country or a region. These models are usually designed to examine the comparative statics and dynamics of aggregate quantities such as the total amount of goods and services produced, total income earned, the level of employment of productive resources, and the level of prices.
Robert Joseph Barro (born September 28, 1944) is an American macroeconomist and the Paul M. Warburg Professor of Economics at Harvard University. [1] Barro is considered one of the founders of new classical macroeconomics, along with Robert Lucas Jr. and Thomas J. Sargent. [2]
New classical macroeconomics, sometimes simply called new classical economics, is a school of thought in macroeconomics that builds its analysis entirely on a neoclassical framework. Specifically, it emphasizes the importance of rigorous foundations based on microeconomics , especially rational expectations .
Ricardo Jorge Caballero (born 20 October 1959) is a Chilean macroeconomist who is the Ford International Professor of Economics at the Massachusetts Institute of Technology. He also served as the Chairman of MIT's Economic Department from 2008 to 2011.