KEY BENEFIT: This book traces the history of macroeconomics, the evolution of macroeconomic thought, and the resulting theory and policy. KEY TOPICS: The book places the various macroeconomic theories in the order in which they developed chronologically, and illustrates the similarities and differences of the models. Starting with classical economics and the Keynesian revolution, this book explores the macroeconomic theory after Keynes, open economy macroeconomics, economic policy, and sectoral functions. MARKET: Financial officers and professionals making pecuniary decisions and analyses.
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From the Back Cover:
This book traces the history of macroeconomics, the evolution of macroeconomic thought, and the resulting theory and policy. It places the various macroeconomic theories in the order in which they developed chronologically, and illustrates the similarities and differences of the models. The author admires all points of view and the result is a comprehensive, detailed, unbiased view of modern macroeconomic theory. Chapter topics examine the measurement of macroeconomic variables; classical macroeconomics: equilibrium output and employment, money, prices, and interest; the Keynesian system; the monetarist counterrevolution; output, inflation and unemployment: monetarist and Keynesian views; new classical economics; real business cycles and new Keynesian economics; exchange rates and the international monetary system; monetary and fiscal policy in the open economy; the money supply process; monetary policy; fiscal policy; long- and intermediate-term economic growth; consumption and investment; and money demand. For individuals looking for a better understanding of macroeconomics.
About the Author:
Froyen-University of North Carolina-Chapel Hill
"About this title" may belong to another edition of this title.
- PublisherPearson College Div
- Publication date2008
- ISBN 10 0132438356
- ISBN 13 9780132438353
- BindingHardcover
- Number of pages454
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