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Macroeconomic modeling
Paperback
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- Book Synopsis
- Bridging the gap between undergraduate and graduate macroeconomics, this book approaches DSGE models from a unified perspective based on the concept of competitive equilibrium (CE) and the equivalent social planner problem (SPP). Equilibrium conditions derived from a CE are used to motivate the methods that solve the models. A guided focus on Dynare enables students to solve problems while avoiding the typical pitfalls associated with the software. The approach is 'we have a need and here's a tool that solves it' instead of 'here's a tool and let's look for an application.' It is consistent with current practices: define an equilibrium, characterize its solution, find its steady state, approximate the equilibrium conditions, and solve for its policy functions. This book is for the student who wants to follow current macroeconomic research and build on that to gain a competitive edge in creating and solving empirical models with real-world applicability.
- About The Author
- Mario Solis-Garcia is Professor of Economics at Macalester College in Saint Paul, Minnesota, where he teaches courses in macroeconomics. He holds a Ph.D. in Economics from the University of Minnesota and an MA in Economics from El Colegio de Mexico. Professor Solis-Garcia worked for the Mexican government in the Secretariat of Trade and Industry, the Secretariat of the Economy, and the Secretariat of the Treasury and Public Credit. He has authored several academic publications that center around computational macroeconomics and the pedagogy of teaching macroeconomics at the undergraduate level.
- Product Details
-
- ISBN
- 9781009612890
- Format
- Paperback
- Publisher
- Cambridge University Press, (23 July 2026)
- Number of Pages
- 342
- Weight
- 641 grams
- Language
- English
- Dimensions
- 26 mm
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