{"product_id":"9780199242047","title":"Macroeconomics and the Real World: Volume 1: Econometric Techniques and Macroeconomics","description":"Since the middle of the 20th century, economists have invested great resources into using statistical evidence to relate macroeconomic theories to the real world, and many econometric techniques have been employed. In these two volumes, a group of economic theorists, econometricians, and economic methodologists examine how evidence has been used and how it should be used to understand the real world. Volume 1 focuses on the contribution of econometric techniques to understanding the macroeconomic world. It covers the use of evidence to understand the business cycle, the operation of monetary policy, and economic growth. A further section offers assessments of the overall impact of recent econometric techniques such as cointegration and unit roots. Volume 2 focuses on the labour market and economic policy, with sections covering the ISLM model, the labour market, new Keynesian macroeconomics, and the use of macroeconomics in official documents (in both the USA and the EU) This book is intended for macroeconomists and econometricians; postgraduate students of macroeconomics; philosophers\/methodologists with an interest in (macro)economics.","brand":"Roger E. Backhouse, Andrea Salanti","offers":[{"title":"Default Title","offer_id":45744088351038,"sku":"9780199242047","price":0.0,"currency_code":"ZAR","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4357\/7662\/products\/9780199242047_b0f8f7b3-0fc6-4c3a-be3f-821ffd7a2b39.jpg?v=1707223648","url":"https:\/\/exclusivebooks.co.za\/products\/9780199242047","provider":"Exclusive Books Online","version":"1.0","type":"link"}