Overview
- Natural resources are integrated into conventional macroeconomic models for better comprehension of environmental-economy interactions, while preserving standard macroeconomic modes of analysis
- A “natural history” of money that makes for a smoother transition from the physical world of production to the social phenomenon of money
- A generally conversational style of writing for greater accessibility to students
Part of the book series: Studies in Ecological Economics (SEEC, volume 5)
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Table of contents (22 chapters)
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Building Blocks
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The Long-Run Model
Keywords
About this book
Natural resources have been a recurring subject of public interest, from the environmental awakening in and the oil crises of the later 20th century, to wide swings in oil prices and increased concern about climate change in the first decades of the 21st century. Standard macroeconomics books treat resources in passing, in an ad hoc manner, if at all. This text integrates resources into the model from the ground up, allowing a more logically consistent understanding of the economic effects of changed resource availability. But the underlying structure remains mostly traditional: a full-employment perspective on the long run and a Keynesian approach to business-cycle fluctuations. This provides an easier adaptation for instructors and gives students the tools to understand economic analysis done in a more conventional framework. The business-cycle material starts with a “natural history” of money to help students see the connections between social and physical phenomena.
Authors and Affiliations
Bibliographic Information
Book Title: Macroeconomics in Ecological Context
Authors: Karl Seeley
Series Title: Studies in Ecological Economics
DOI: https://doi.org/10.1007/978-3-319-51757-5
Publisher: Springer Cham
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: Springer International Publishing AG 2017
Hardcover ISBN: 978-3-319-51755-1Published: 17 February 2017
Softcover ISBN: 978-3-319-84733-7Published: 13 July 2018
eBook ISBN: 978-3-319-51757-5Published: 10 February 2017
Series ISSN: 1389-6954
Series E-ISSN: 2542-9531
Edition Number: 1
Number of Pages: XX, 374
Number of Illustrations: 83 b/w illustrations, 5 illustrations in colour
Topics: Macroeconomics/Monetary Economics//Financial Economics