A significant new edition of a text that offers both tools and sample applications; extensive revisions and seven new chapters improve and expand upon the original treatment.
A substantially revised new edition of a widely used text, offering both an introduction to recursive methods and advanced material. Recursive methods offer a powerful approach for characterizing and solving complicated problems in dynamic macroeconomics. Recursive Macroeconomic Theory provides both an introduction to recursive methods and advanced material, mixing tools and sample applications. Only experience in solving practical problems fully conveys the power of the recursive approach, and the book provides many applications. This third edition offers substantial new material, with three entirely new chapters and significant revisions to others. The new content reflects recent developments in the field, further illustrating the power and pervasiveness of recursive methods. New chapters cover asset pricing empirics with possible resolutions to puzzles; analysis of credible government policy that entails state variables other than reputation; and foundations of aggregate labor supply with time averaging replacing employment lotteries. Other new material includes a multi-country analysis of taxation in a growth model, elaborations of the fiscal theory of the price level, and age externalities in a matching model. The book is suitable for both first- and second-year graduate courses in macroeconomics and monetary economics. Most chapters conclude with exercises. Many exercises and examples use Matlab programs, which are cited in a special index at the end of the book.
The substantially revised fourth edition of a widely used text, offering both an introduction to recursive methods and advanced material, mixing tools and sample applications. Recursive methods provide powerful ways to pose and solve problems in dynamic macroeconomics. Recursive Macroeconomic Theory offers both an introduction to recursive methods and more advanced material. Only practice in solving diverse problems fully conveys the advantages of the recursive approach, so the book provides many applications. This fourth edition features two new chapters and substantial revisions to other chapters that demonstrate the power of recursive methods. One new chapter applies the recursive approach to Ramsey taxation and sharply characterizes the time inconsistency of optimal policies. These insights are used in other chapters to simplify recursive formulations of Ramsey plans and credible government policies. The second new chapter explores the mechanics of matching models and identifies a common channel through which productivity shocks are magnified across a variety of matching models. Other chapters have been extended and refined. For example, there is new material on heterogeneous beliefs in both complete and incomplete markets models; and there is a deeper account of forces that shape aggregate labor supply elasticities in lifecycle models. The book is suitable for first- and second-year graduate courses in macroeconomics. Most chapters conclude with exercises; many exercises and examples use Matlab or Python computer programming languages.
This book grew out of a 2-semester graduate course in laser physics and quantum optics. It requires a solid understanding of elementary electro magnetism as well as at least one, but preferably two, semesters of quan tum mechanics. Its present form resulted from many years of teaching and research at the Max-Planck-Institut fi. ir Quantenoptik, the University of Munich, and the University of Arizona. The contents have evolved signi ficantly over the years, due to the fact that quantum optics is a rapidly changing field. Because the amount of material that can be covered in two semesters is finite, a number of topics had to be left out or shortened when new material was added. Important omissions include the manipulation of atomic trajectories by light, superradiance, and descriptions of experiments. Rather than treating any given topic in great depth, this book aims to give a broad coverage of the basic elements that we consider necessary to carry out research in quantum optics. We have attempted to present a var iety of theoretical tools, so that after completion of the course students should be able to understand specialized research literature and to produce original research of their own. In doing so, we have always sacrificed rigor to physical insight and have used the concept of "simplest nontrivial example" to illustrate techniques or results that can be generalized to more complicated situations.
Developing Early Science Skills Outdoors provides practitioners with practical planning for how to develop and enhance the outdoor area to facilitate science learning. The activities throughout the book are low cost and easy to set up, aiming to reassure practitioners and give them confidence to plan more scientific learning experiences outdoors. This is further supported with planning guidance and resource ideas, as well as advice on observation and assessment, including suggestions for how to reduce the paperwork burden and a useful observation template. The book includes an introduction to each method, explaining why it is important and outlining the fundamental skills and concepts that underpin it; ideas for adult-led and adult-initiated activities that aim to develop children's early knowledge, skills and understanding; suggestions for how to enhance continuous outdoor provision so that it promotes the use of each method of scientific enquiry; pointers and tips about teaching science in the early years and ideas for how to involve parents and carers.
Utopia is, literally, the good place that is no place. Utopias reveal people's dreams and desires and they may gesture towards different and better ways of being. But they are rarely considered as physical, observable phenomena. In this book Sargisson and Sargent, both established writers on utopian theory, turn their attention to real-life utopian communities. The book is based on their fieldwork and extensive archival research in New Zealand, a country with a special place in the history of utopianism. A land of opportunity for settlers with dreams of a better life, New Zealand has, per capita, more intentional communities - groups of people who have chosen to live and sometimes work together for a common purpose - than any country in the world. Sargisson and Sargent draw on the experiences of more than fifty such communities, to offer the first academic survey of this form of living utopian experiment. In telling the story of the New Zealand experience, Living in Utopia provides both transferable lessons in community, cooperation and social change and a unique insight into the utopianism at the heart of politics, society, and everyday life.
Developing Early Literacy Skills Outdoors provides practitioners with practical planning for how to develop and enhance the outdoor area to facilitate literacy learning. The activities throughout the book are low cost and easy to set up, aiming to reassure practitioners and give them confidence to plan more literacy learning experiences outdoors. This is further supported with planning guidance and resource ideas, as well as advice on observation and assessment, including suggestions for how to reduce the paperwork burden and a useful observation template. The book is divided into sections that represent the different aspects of communication, language and literacy and includes: an introduction to each aspect, explaining why it is important and outlining the fundamental skills and concepts that underpin it; ideas for adult-led and adult-initiated activities that aim to develop children's early knowledge, skills and understanding in communication, language and literacy; suggestions for how to enhance continuous outdoor provision so that it promotes communication, language and literacy skills; pointers and tips about teaching mathematics in the early years and includes ideas for how to involve parents and carers.
World War I created a set of forces that affected the political arrangements and economies of all the countries involved. This period in global economic history between World War I and II offers rich material for studying international monetary and sovereign debt policies. Debt and Entanglements between the Wars focuses on the experiences of the United States, United Kingdom, four countries in the British Commonwealth (Australia, New Zealand, Canada, Newfoundland), France, Italy, Germany, and Japan, offering unique insights into how political and economic interests influenced alliances, defaults, and the unwinding of debts. The narratives presented show how the absence of effective international collaboration and resolution mechanisms inflicted damage on the global economy, with disastrous consequences.
This book treats the interaction of radiation with matter, particular attention being paid to the laser. Knowledge is assumed of the usual half-year introduction of quantum mechanics found in undergraduate physics curricula. The material can be covered in two semesters, or, alternatively, the first part (Chaps 1-13) can be used as a one-semester course in which quantum mechanical aspects of the electromagnetic field are ignored. Each chapter is accompanied by problems that illustrate the text and give useful (occasionally new) results. Existing laser media are intrinsically quantum mechanical and are most easily studied with the quantum theory. Understanding the laser along these lines enlivens one's understanding of quantum mechanics itself. In fact, the material constitutes a viable, applied alternative for the usual second and third semesters of quantum mechanics.
Developing Early Maths Skills Outdoors provides practitioners with practical planning for how to develop and enhance the outdoor area to facilitate mathematical learning. It includes up to 80 activities to embed each learning experience into daily provision, with dedicated plans to develop specific skills and aspects of mathematics. The activities throughout the book are low cost and easy to set up, aiming to reassure practitioners and give them the confidence to plan more mathematical learning experiences outdoors. This is further supported with planning guidance and resource ideas, as well as advice on observation and assessment, including suggestions for how to reduce the paperwork burden and a useful observation template. The book is divided into sections that represent the different aspects of mathematics and includes: An introduction to each aspect, explaining why it is important, and outlining the fundamental skills and concepts that underpin it; ideas for adult-led and adult-initiated activities that aim to develop children's early mathematical knowledge, skills and understanding; suggestions for how to enhance continuous outdoor provision so that it promotes independent investigation, fostering creative and critical thinking; pointers and tips about teaching mathematics in the early years; ideas for how to involve parents and carers and links to all four British early years curriculum frameworks.
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