Advanced Macroeconomics

This book addresses to students from the Master courses in different economic specialization, with Macroeconomics in curricular program and which have studied in preparation for the license the macroeconomic fundamentals course.

The book is useful to doctoral students in economics, researchers, specialists in other sciences and professions who are interested in deepening quantitative correlations of the economy, macroeconomic balances and imbalances, the dynamics of budget deficits, economic growth, exchange rate management, public solvency, macroeconomic stability, policies government and money and their consistency.

Methodological approach is based on microeconomic behaviors which generates aggregate functions of behavior at macroeconomic level and on the principles of systemic approach regarding economy as complex dynamic system by structure and evolution. This system is subject to random disturbances and unexpected behaviors that fall within the study of new theories : nonlinear dynamics (emergence of bifurcations, of strange attractor and chaos – in the incipient or developed forms) and fractal economic dynamics.