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Macroeconomics - A Mathematical Approach.pdf

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文档介绍

文档介绍:M ACROECONOMICS
1880 1900 1920 1940 1960 1980 2000
Matthias Doepke
University of Chicago
Andreas Lehnert
Board of Governors of the
Federal Reserve System
Andrew W. Sellgren
e Mason University
This book was typeset in Palatino puter Modern using LATEX.
Draft of 1 September 1999.
Chapters 5, 8, 9, and 11 Copyright ­ c 1999, by Matthias Doepke.
Chapters 10, 12, 13, 14, 17, 18, and 19 Copyright ­ c 1999, by Andreas Lehnert.
Chapters 1, 2, 3, 4, 6, and 15 Copyright ­ c 1999, by Andrew W. Sellgren.
All rights reserved. No part of this work may be reproduced in any form by any electronic
or mechanical means (including, but not limited to, photocopying, recording, or informa-
tion storage and retrieval) without permission in writing from the copyright owner.
The authors permit faculty, students, and staff of the University of Chicago to copy and
distribute any part of this work for use in classes taught at the University of Chicago.
Preface
We have designed this book to be a supplement to Robert J. Barro’s Macroeconomics,which
is the textbook that is used in introductory macroeconomics courses at the University of
Chicago. In teaching these courses, we have found that Barro’s treatment of the subject
does not make use of the mathematical skills of our students. In particular, Barro relies
almost exclusively on economic intuition and graphs to elucidate his subject. Since our
students are familiar with calculus, we are able to work out formal models. This almost
always allows greater concreteness and concision.
We have attempted to align our chapters with those in Barro’s textbook. Sometimes our
chapters present mathematical versions of the models that Barro introduces in his corre-
sponding chapters (as in Chapters 2 and 19). Other times, our chapters contain material
that extends his work (as in Chapters 5 and 17). Throughout, we have tried to add value to
the treatment in Barro’s book and to minimize redundancy. For example, we have n

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