Macroeconomics is a branch of economics dealing with the performance, structure, behavior, and decision-making of an economy as a whole. This includes regional, national, and global economies. Macroeconomists study aggregated indicators such as GDP, unemployment rates, national income, price indices, and the interrelations among the different sectors of the economy to better understand how the whole economy functions. They also develop models that explain the relationship between such factors as national income, output, consumption, unemployment, inflation, saving, investment, energy, international trade, and international finance.
Robert Emerson Lucas Jr. is an American economist at the University of Chicago, where he is currently the John Dewey Distinguished Service Professor Emeritus in Economics and the College. Widely regarded as the central figure in the development of the new classical approach to macroeconomics, he received the Nobel Prize in Economics in 1995 "for having developed and applied the hypothesis of rational expectations, and thereby having transformed macroeconomic analysis and deepened our understanding of economic policy". He has been characterized by N. Gregory Mankiw as "the most influential macroeconomist of the last quarter of the 20th century."
Monetary economics is the branch of economics that studies the different competing theories of money: it provides a framework for analyzing money and considers its functions, and it considers how money, for example fiat currency, can gain acceptance purely because of its convenience as a public good. The discipline has historically prefigured, and remains integrally linked to, macroeconomics. This branch also examines the effects of monetary systems, including regulation of money and associated financial institutions and international aspects.
Robert Joseph Barro is an American macroeconomist and the Paul M. Warburg Professor of Economics at Harvard University. The Research Papers in Economics project ranked him as the fifth most influential economist in the world, as of March 2016, based on his academic contributions. Barro is considered one of the founders of new classical macroeconomics, along with Robert Lucas, Jr. and Thomas J. Sargent. He is currently a senior fellow at Stanford University's Hoover Institution and co-editor of the Quarterly Journal of Economics, the top journal in economics in terms of its impact factor.
International finance is the branch of financial economics broadly concerned with monetary and macroeconomic interrelations between two or more countries. International finance examines the dynamics of the global financial system, international monetary systems, balance of payments, exchange rates, foreign direct investment, and how these topics relate to international trade.
Lawrence H. White is an American economics professor at George Mason University who teaches graduate level monetary theory and policy. He is considered an authority on the history and theory of free banking. His writings support the abolition of the Federal Reserve System and the promotion of private and competitive banking.
George Selgin is the Director of the Cato Institute's Center for Monetary and Financial Alternatives, where he is editor-in-chief of the Center's blog, Alt-M, Professor Emeritus of economics at the Terry College of Business at the University of Georgia, and an associate editor of Econ Journal Watch. Selgin formerly taught at George Mason University, the University of Hong Kong, and West Virginia University.
Frederic Stanley "Rick" Mishkin is an American economist and Alfred Lerner professor of Banking and Financial Institutions at the Graduate School of Business, Columbia University. He was a member of the Board of Governors of the Federal Reserve System from 2006 to 2008.
Richard Andreas Werner is a German development economist and banking expert who is a university professor at De Montfort University.
Tryggvi Þór Herbertsson is the Chairman and Founder of Taurus SLF a independent corporate and investment advisory and was a member of the Icelandic Parliament 2009-2013.
Leonardo Auernheimer was an economist, professor, and international monetary consultant.
Marc Lavoie is a Canadian professor in economics at the University of Ottawa and a former Olympic fencing athlete.
Peter Howells is Professor Emeritus of Monetary Economics at the Bristol Business school at the University of the West of England.
Nicola Acocella is an Italian economist and academic, Emeritus Professor of Economic Policy since 2014.
Stephen G Cecchetti is an American economist who has been the Barbara and Richard M Rosenberg Professor of Global Finance at Brandeis International Business School. His principal fields of interest are macroeconomics, monetary economics, financial economics, monetary policy, central banking, and the supply of money.
Charles Wyplosz is a French economist. He is an editor of the International Centre for Economic Policy Research's VoxEU and is currently the director of the International Centre for Monetary and Banking Studies (ICMB) and Professor of International Economics at the Graduate Institute in Geneva, Switzerland. He was a founding managing editor of Economic Policy.
Apostolos Serletis is a Greek economist who is a Professor of Economics at the University of Calgary.
Jagjit Singh Chadha is a British economist who is the Director of the National Institute of Economic and Social Research.
David I. Meiselman was an American economist. Among his contributions to the field of economics are his work on the term structure of interest rates, the foundation today of the implementation of monetary policy by major central banks, and his work with Milton Friedman on the impact of monetary policy on the performance of the economy and inflation.
