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Macrodynamics: Fluctuations and Growth: A study of the economy in equilibrium and disequilibrium
Paperback
ISBN13: 9780415607117
Publisher: Routledge
Published: Oct 14 2010
Pages: 462
Weight: 1.19
Height: 0.95 Width: 5.50 Depth: 8.50
Language: English
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:
* 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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