Monopolistic Competition and Macroeconomic Theory [Paperback]

Nobel Laureate Robert Solow assesses the implications of monopolistic competition on macroeconomic theory.Robert Solow is widely regarded as one of the greatest living economists. He has conducted path-breaking work in both microeconomics and macroeconomics, is the best-selling author of numerous publications, and was awarded the Nobel Prize for Economic Science in 1987. In Monopolistic Competition and Macroeconomic Theory , Professor Solow gives a non-technical account of the implications of monopolistic competition on macroeconomic theory and shows that simple and tractable micro-based models can offer the possibility of a richer and more intuitive macroeconomics.Robert Solow is widely regarded as one of the greatest living economists. He has conducted path-breaking work in both microeconomics and macroeconomics, is the best-selling author of numerous publications, and was awarded the Nobel Prize for Economic Science in 1987. In Monopolistic Competition and Macroeconomic Theory , Professor Solow gives a non-technical account of the implications of monopolistic competition on macroeconomic theory and shows that simple and tractable micro-based models can offer the possibility of a richer and more intuitive macroeconomics.Robert Solow is widely regarded as one of the greatest living economists. He has conducted path-breaking work in both microeconomics and macroeconomics, is the best-selling author of numerous publications, and was awarded the Nobel Prize for Economic Science in 1987. In Monopolistic Competition and Macroeconomic Theory, Professor Solow gives a nontechnical account of the implications of monopolistic competition on macroeconomic theory and shows that simple and tractable micro-based models can offer the possibility of a richer and more intuitive macroeconomics.Introduction; Part I. Some Macroeconomic Implications of Monopolistic Competition: Part II. A Macroeconomic Model with Imperfect Competition: Biographical Note for Chapter II; Part III. Monolƒz