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Monopolistic Competition and Macroeconomic Theory - 98 edition

by Robert M. Solow

Monopolistic Competition and Macroeconomic Theory (ISBN10: 0521626161; ISBN13: 9780521626163)
ISBN13: 978-0521626163
ISBN10: 0521626161

This edition has also been released as:
ISBN13: 978-0521623384
ISBN10: 0521623383

Summary: Much of today's conventional macroeconomic theory presumes that markets for goods approach the state of perfect competition. Monopolistic Competition and Macroeconomic Theory assumes that markets are imperfect, so that sellers have some power over price, and must therefore form quantity expectations about the location of the firm's demand curve. The question is then about the macroeconomic implications of imperfect competition in goods markets. The first chapter is a brief survey of ...show moreideas recently proposed in economics including multiple equilibria. The second chapter describes a particular micro-based macro model that allows several families of equilibria. The third chapter shows how a standard locational model can be used to describe a sample macroeconomy when firms have close rivals. In this volume derived from his Federico Caffe Lecture, Nobel Laureate Robert Solow shows that there are simple and tractable micro-based models that offer the possibility of a richer and more intuitive macroeconomics. ...show less

Edition/Copyright: 98
Cover: Paperback
Publisher: Cambridge University Press
Published: 12/28/2010
International: No



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0521626161 Has moderate shelf and/or corner wear. Great used condition. A portion of your purchase of this book will be donated to non-profit organizations. We are a tested and proven company with ...show more over 900,000 satisfied customers since 1997. Choose expedited shipping (if available) for much faster delivery. Delivery confirmation on all US orders. ...show less
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1998 Trade paperback New. No dust jacket as issued. Excellent condition with minimal sign of wear. Ships within 24 hours. Two day shipping with tracking number available and recommended. Browse our ...show morestorefront for additional available titles by the same and many more authors. Trade paperback (US). Glued binding. 90 p. Federico Caffe Lectures. Audience: General/trade. ...show less
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