ENGLISH

Macrodynamics: Fluctuations and Growth : A Study of the Economy in Equilibrium and Disequilibrium

Book information

Publisher
Taylor & Francis Group
Year
2003
ISBN
9781135033460, 9780415313155
LCC
HB145 .H4613 2013
Language
english
Format
EPUB
Filesize
5 MB (5761186 bytes)
Pages
465\0
Time added
2023-08-05 15:54:53

Description

Building from the micro-foundations of economic behaviour to a full survey of macroeconomics, the book examines growth theory and equilibrium and disequilibrium approaches to provide a comprehensive survey of all the rival theoretical approaches that underlie central policy debates. A survey of pre-Keynesian theories of growth, fluctuations and the various short and long cycles and crises is followed by an exposition of Keynesian theory and its subsequent development and of the neo-classical revival. Topics covered include: * Non-clearing markets * Involuntary unemployment * Persistent inflation. As well as full coverage of the English-language literature, Macrodynamics covers important contributions from the new school of French macroeconomists, including Malinvaud, Benassy and Grandmont.

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