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Macroeconomic Modeling A Gentle Introduction to DSGE Models

Authors

, Macalester College, Minnesota
Published 2026

Description

Bridging the gap between undergraduate and graduate macroeconomics, this book approaches DSGE models from a unified perspective based on the concept of competitive equilibrium (CE) and the equivalent social planner problem (SPP). Equilibrium conditions derived from a CE are used to motivate the methods that solve the models. A guided focus on Dynare enables students to solve problems while avoiding the typical pitfalls associated with the software. The approach is 'we have a need and here's a tool that solves…

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Key features

  • Text bridges the gap between undergraduate and graduate studies in macroeconomics
  • Requires nothing more than intermediate microeconomics, intermediate macroeconomics, and calculus
  • Introduces dynamic stochastic general equilibrium (DSGE) models from a unified perspective of equilibrium theory
  • Provides real-world applicability through detailed focus on utilizing Dynare, which is the computational software used by macroeconomists to solve DSGE models

About the book

  • Subjects Econometrics and Mathematical Methods,Economic Theory,Economics
  • Format: Hardback
    • Publication date: 23 July 2026
    • ISBN: 9781009612906
    • Dimensions (mm): 254 x 178 mm
    • Weight: 0.857kg
    • Page extent: 342 pages
    • Availability: Available
  • Format: Paperback
    • Publication date: 23 July 2026
    • ISBN: 9781009612890
    • Dimensions (mm): 254 x 178 mm
    • Weight: 0.641kg
    • Page extent: 342 pages
    • Availability: Available
  • Format: Digital
    • Publication date: 18 July 2026
    • ISBN: 9781009612913

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