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Macrodynamics: Fluctuations and Growth: A study of the economy in equilibrium and disequilibrium
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ISBN: 0415313155
Author: H
Condition: New
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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Macrodynamics: Fluctuations and Growth: A study of the economy in equilibrium and disequilibrium