IDEAS home Printed from
   My bibliography  Save this paper

Elementos de teoría y política macroeconómica para una economía abierta. Primera parte: Capítulos 1 al 4


  • Félix Jiménez

    () (Departamento de Economía- Pontificia Universidad Católica del Perú)


This is the first part of the book. It consists of four chapters which contain a brief history of macroeconomics, the basic concepts of national accounts, the circular flow of the economy, and other concepts related to an open economy. The classical economists, Smith and Ricardo, are considered the founders of macroeconomic since they were the first in studying the behavior of the economy as a whole: the causes and limits of economic growth. The second chapter develops the macroeconomic concepts that will be necessary to understand the remaining parts of the book. It explains the different types of economic variables and economic goods, the interest rate and the value of money over time, unemployment and inflation. The third chapter presents the basic concepts of national accounts and the circular flow of the income. It develops three different methods of measuring GDP and other key concepts related to it. The fourth chapter develops concepts such as Balance of Payments and the exchange rate, and others necessary to understand the functioning of an open economy.

Suggested Citation

  • Félix Jiménez, 2010. "Elementos de teoría y política macroeconómica para una economía abierta. Primera parte: Capítulos 1 al 4," Documentos de Trabajo / Working Papers 2010-292, Departamento de Economía - Pontificia Universidad Católica del Perú.
  • Handle: RePEc:pcp:pucwps:wp00292

    Download full text from publisher

    File URL:
    Download Restriction: no

    References listed on IDEAS

    1. Ramey, Garey & Ramey, Valerie A, 1995. "Cross-Country Evidence on the Link between Volatility and Growth," American Economic Review, American Economic Association, vol. 85(5), pages 1138-1151, December.
    2. Powell, Andrew, 1991. "Commodity and Developing Country Terms of Trade: What Does the Long Run Show?," Economic Journal, Royal Economic Society, vol. 101(409), pages 1485-1496, November.
    3. Osmel Manzano & Roberto Rigobon, 2001. "Resource Curse or Debt Overhang?," NBER Working Papers 8390, National Bureau of Economic Research, Inc.
    4. Gylfason, Thorvaldur, 2001. "Natural resources, education, and economic development," European Economic Review, Elsevier, vol. 45(4-6), pages 847-859, May.
    5. Joshua Aizenman & Brian Pinto, 2004. "Managing Volatility and Crises: A Practitioner's Guide Overview," NBER Working Papers 10602, National Bureau of Economic Research, Inc.
    Full references (including those not matched with items on IDEAS)

    More about this item


    teoría política; labor del mercado.;


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pcp:pucwps:wp00292. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.