macroeconomic theory
1macroeconomic — macroeconomics mac‧ro‧ec‧o‧nom‧ics [ˌmækrəʊekəˈnɒmɪks, iːkə ǁ kroʊekəˈnɑː , iːkə ] noun [uncountable] ECONOMICS the study of the economy of a whole area, for example a whole country or the whole of a particular industry: • The influence of… …
2Macroeconomic model — A macroeconomic model is an analytical tool designed to describe the operation of the economy of a country or a region. These models are usually designed to examine the dynamics of aggregate quantities such as the total amount of goods and… …
3Arbitrage pricing theory — (APT), in finance, is a general theory of asset pricing, that has become influential in the pricing of shares. APT holds that the expected return of a financial asset can be modeled as a linear function of various macro economic factors or… …
4distribution theory — ▪ economics Introduction in economics, the systematic attempt to account for the sharing of the national income among the owners of the factors of production land, labour, and capital. Traditionally, economists have studied how the costs of …
5Real Business Cycle Theory — (or RBC Theory) is a class of macroeconomic models in which business cycle fluctuations to a large extent can be accounted for by real (in contrast to nominal) shocks. (The four primary economic fluctuations are secular (trend), business cycle,… …
6Monetary-disequilibrium theory — is basically a product of the Monetarist school mainly represented in the works of Leland Yeager and Austrian macroeconomics. The basic concept of monetary equilibrium(disequilibrium) was however defined in terms of an individual s demand for… …
7Matching theory (macroeconomics) — In macroeconomics, matching theory, also known as search and matching theory, is a mathematical framework attempting to describe the formation of mutually beneficial relationships over time. It offers a way of modeling markets in which frictions… …
8Austrian Business Cycle Theory — The Austrian business cycle theory is the Austrian School s explanation of the phenomenon of business cycles (or credit cycles ). Austrian economists assert that inherently damaging and ineffective central bank policies are the predominant cause… …
9Crisis theory — is generally associated with Marxian economics. In this context crisis refers to what is called, even currently and outside Marxian theory in many European countries a conjuncture or especially sharp bust cycle of the regular boom and bust… …
10Quantity theory of money — In economics, the quantity theory of money is a theory emphasizing the positive relationship of overall prices or the nominal value of expenditures to the quantity of money. Origins and development of the quantity theory The quantity theory… …
