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C/E/520. Answers to macroeconomics questions

WORDS:
2100
DATE:
2010
PRICE:
29.99 GBP

The paper presents answers to the questions in macroeconomics: What prediction does Solow’s growth model make about convergence and why? Examine the empirical evidence available on the validity of unconditional and conditional convergence. Explain what is meant by real business cycle theory. To what extent can economic fluctuations be explained by patterns of unanticipated technology shocks? How does New Keynesian theory resolve the contradiction between the existence of macro-externalities alongside rational optimising economic agents at the micro level?

 

KEYWORDS: Macroeconomics, Solow’s growth model, real business cycle, RBC, New Keynesian theory, macro-externalities,

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