Delivery included to the United States

Macroeconomics: An Introduction to Keynesian-Neoclassical Controversies

Macroeconomics: An Introduction to Keynesian-Neoclassical Controversies - English Language Book Society Student Editions.

Paperback (23 Feb 1982)

Not available for sale

Out of stock

This service is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Publisher's Synopsis

This text uses the Keynesian-neoclassical conflict as an expositional device from beginning to end. This enables the authors to emphasize that the differences in policy conclusions stem from different assumptions about how the economy works, and that the crucial distinction between Keynesian and neoclassical macro theory centres on different views of how the supply of output responds to changes in demand.;For students and teachers bewildered by macroeconics texts that do not treat their own economy, the authors provide an up-to-date review of balance-of-payments theory, quantity-constrained models and the new classicists' work on rational expectations within the framework of policy analysis for a small open economy. The book is deliberately graded in difficulty. Sections 1 and 2, together with Chapter 20 on inflation, provide the basis of an intermediate-level degree course on macroeconomics. Section 3 considers the micro foundations of investment and consumption, and deals with trade-cycle and growth theories. Sections 4 and 5 are more advanced, discussing current theoretical controversies and related policy issues.

About the Publisher

Palgrave Macmillan

From award-winning research which changes the world to textbooks and study guides which educate and inspire, we publish across the humanities, social sciences and business for academics, students, professionals and librarians worldwide.With offices in London and New York, and sales teams across 50 countries, we have a global reach and as part of Macmillan Science and Education, are proud to uphold an unbroken tradition of over 170 years of academic publishing.

Book information

ISBN: 9780333366967
Publisher: Palgrave Macmillan
Imprint: Palgrave Macmillan
Pub date:
Language: English
Number of pages: 480
Weight: 620g
Height: 234mm
Width: 156mm