Macroeconomics in Ecological Context

Karl Seeley (Autor)

Buch | Softcover

XX, 374 Seiten

2018 | 1. Softcover reprint of the original 1st ed. 2017
Springer International Publishing (Verlag)
978-3-319-84733-7 (ISBN)

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Natural resources have been a recurring subject of public interest, from the environmental awakening in and the oil crises of the later 20 th century, to wide swings in oil prices and increased concern about climate change in the first decades of the 21 st century. Standard macroeconomics books treat resources in passing, in an ad hoc manner, if at all. This text integrates resources into the model from the ground up, allowing a more logically consistent understanding of the economic effects of changed resource availability. But the underlying structure remains mostly traditional: a full-employment perspective on the long run and a Keynesian approach to business-cycle fluctuations. This provides an easier adaptation for instructors and gives students the tools to understand economic analysis done in a more conventional framework. The business-cycle material starts with a "natural history" of money to help students see the connections between social and physical phenomena.

Part I Building Blocks.- 1. The Economy in the World.- 2. Resources and Economic Processes.- 3. Key Variables.- Part II The Long-run Model.- 4. Labor, Resources, and the Production Function.- 5. The Composition of Output.- 6. The Long-run Model (the Classical World). 7. Growth with Abundant Resources.- Part III Business Cycles.- 9. What Money Is.- 10 Banking .- 11 Expenditure Multipliers.- 12. Monetary Policy.- 13. Fiscal Policy.- 14. The IS and LM Curves.- 15. Policy and Shocks in the IS-LM World.- 16. Short-run Aggregate Supply / Aggregate Demand and Policy.- 17 Policy Assessment.- 18. The Standard Model and Alternative Perspectives.- 19. Resource Constraints.- 20. Growth under Resource Constraints.- 21. Business Cycles under Resource Constraints.- 22. Continuity and New Directions.

Erscheint lt. Verlag	13.7.2018
Reihe/Serie	Studies in Ecological Economics
Zusatzinfo	XX, 374 p. 88 illus., 5 illus. in color.
Verlagsort	Cham
Sprache	englisch
Maße	155 x 235 mm
Gewicht	813 g
Themenwelt	Wirtschaft ► Volkswirtschaftslehre ► Finanzwissenschaft
Themenwelt	Wirtschaft ► Volkswirtschaftslehre ► Makroökonomie
Schlagworte	Ecological economics • Macroeconomics teaching • Macro-environmental policy • natural resources • Resources and business cycles • Resources and economic growth
ISBN-10	3-319-84733-3 / 3319847333
ISBN-13	978-3-319-84733-7 / 9783319847337
Zustand	Neuware