The national economy: An introduction to macroeconomics

The national economy: An introduction to macroeconomics

Recent Books considerable attention to the many heated controversies arisen, evaluating the arguments of the various critics. which have Money an...

58KB Sizes 4 Downloads 150 Views

Recent

Books

considerable attention to the many heated controversies arisen, evaluating the arguments of the various critics.

which

have

Money and Monetary Policy in Interdependent Nations. Ralph C. Bryant. Washington, D.C.: The Brookings Institution, 1980, 584 pp. $29.95 ($12.95 paperbound). A practical tool of primary importance for economic policymakers, this book tries to bridge the separation between monetary and macroeconomic theory and international economics by integrating domestic and international considerations into a single analytical framework exploring monetary policy. The National Economy: An Introduction to Macroeconomics. Gordon Philpot. New York: John Wiley and Sons, 1980, 188 pp. ($7.95 paperbound). This short introductory text provides exposure to a wide range of macroeconomic analysis. Included are the Kemp-Roth Bill, the Laffer curve, rational expectations, and the usual tools of the IS-LM framework. National Income Theory and its Price Theoretic Foundations. W.H. Locke Anderson. Economics Handbook Series. New York: McGraw-Hill, 1979, 213 pp. $29.50. Reconciliation of the microeconomist with the macroeconomist and of the equilibrium theorist with the disequilibrium theorist provides much of the basis for this book. Economists’ differences over equilibrium and disequilibrium are “essentially perceptional and non-cognitive.” Optimal Control for Econometric Models: An Approach to Economic Policy Formulation. Sean Holly, Berg Riistem, and Martin B. Zarrop, eds. New York: St. Martin’s Press, 1979, 303 pp. $37.50. The use of stochastic optimal control theory to improve the efficacy of econometric modeling and policy making is studied. Both theoretical and applied aspects are probed by the various contributors. Paying the Modern Military. Martin Binkin and Irene Kyriakopoulos. Studies in Defense Policy. Washington, D.C.: The Brookings Institution, 1981, 84 pp. ($3.95 paperbound). As the military enters the age of the technician-soldier, there

444