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Advanced microeconomics

Advanced microeconomics

₹6000 ₹7000
14% off

An advanced treatment of modern macroeconomics, presented through a sequence of dynamic equilibrium models, with discussion of the implications for monetary and fiscal policy. This textbook offers an advanced treatment of modern macroeconomics, presented through a sequence of dynamic general equilibrium models based on intertemporal optimization on the part of economic agents. The book treats macroeconomics as applied and policy-oriented general equilibrium analysis, examining a number of models, each of which is suitable for investigating specific issues but may be unsuitable for others. After presenting a brief survey of the evolution of macroeconomics and the key facts about long-run economic growth and aggregate fluctuations, the book introduces the main elements of the intertemporal approach through a series of two-period competitive general equilibrium models—the simplest possible intertemporal models. This sets the stage for the remainder of the book, which presents models of economic growth, aggregate fluctuations, and monetary and fiscal policy. The text focuses on a full analysis of a limited number of key intertemporal models, which are stripped down to essentials so that students can focus on the dynamic properties of the models. Exercises encourage students to try their hands at solving versions of the dynamic models that define modern macroeconomics. Appendixes review the main mathematical techniques needed to analyze optimizing dynamic macroeconomic models. The book is suitable for advanced undergraduate and graduate students who have some knowledge of economic theory and mathematics for economists.

1 year ago
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the art of management

the art of management

₹200

'One of the most exciting narrative histories to come out of India.' William Dalrymple It was a scandal that rocked the highest echelons of the British Raj. In 1891, a notorious jeweller and curio dealer from Simla offered to sell the world's largest brilliant-cut diamond to the fabulously wealthy Nizam of Hyderabad. If the audacious deal succeeded it would set the merchant up for life. But the transaction went horribly wrong. The Nizam accused him of fraud, triggering a sensational trial in the Calcutta High Court that made headlines around the world.The dealer was Alexander Malcolm Jacob, a man of mysterious origins. After arriving penniless in Bombay in 1865, he became the most famous purveyor of precious stones in princely India, and a confidante of Viceroys and Maharajas. Jacob also excelled in the magical arts. He inspired all those who met him, including Rudyard Kipling who immortalised him as Lurgan Sahib, the 'healer of sick pearls', in his novel Kim.Now for the first time, John Zubrzycki, author of The Last Nizam, conveys the page-turning colour, romance and adventure of Jacob's astonishing life. Starting on the banks of the Tigris in modern-day Turkey where Jacob was born, Zubrzycki strips away the myths and legends. He follows Jacob's journey from the slums of Bombay, to the fabulous court of the Nizam of Hyderabad, from the hedonistic heights of Simla, the summer capital of the Raj, to the Calcutta High Court. This is a story of India, of strange twists and unexpected outcomes. Most importantly Zubrzycki enters into and truly captures the spirit of the mysterious Mr Jacob, one of the most enigmatic and charismatic figures of his time.

1 year ago
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