About the book
When the scientific literature is examined, it is seen that microeconomic fundamentals are increasingly used in explaining macroeconomic dynamics in the last two decades. It has been acknowledged that the effects of microeconomic factors on macroeconomic variables operate through different channels, while the production function is at the center of this relationship. Accordingly, it has become important to explain the changes in total factor productivity and this has led to the investigation of the results of technology shocks. Herein, it should be noted that technology shocks are not only valid for macroeconomic variables, they can also be determinative on financial variables and especially on the financial performance of enterprises. Within this context, the adaptation of quantitative techniques can be crucial for the investigation of the effects of technology shocks in future periods. The adaptation of quantitative models to explain the relationships between micro and macro dynamics also allows consideration of key issues such as the oil market, housing market, tourism sector, environmental economics and entrepreneurship. Therefore, this book intends to provide the reader with a comprehensive overview of the interactions between microeconomic and macroeconomic dynamics in terms of selected topics.