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Macroeconomic Theory and Policy

Macroeconomic Theory and Policy

"The goal of this textbook is to provide students with an introduction to the microfoundations of macroeconomic theory. It is intended primarily as an exposition designed to illustrate the basic idea that underlies the modern research methodology. It also serves to demonstrate how the methodology can be applied to interpreting macroeconomic data, as well as how the approach is useful for evaluating the economic and welfare consequences of different government policies."

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