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This text explains the difference among macro economists on issues of theory and policy while comparing and contrasting modern macroeconomic theory. This edition has been completely updated. It provides a balanced coverage of macroeconomic models, and an aggregate supply/demand framework is used to integrate the discussion of topics throughout. An up-to-date summary of Keynesian position is included, as well as an extensive treatment of monetary policy and coverage of money demand. The framework used is the Mundell-Fleming model and the cases of both imperfect and perfect capital are considered.
- Sales Rank: #1703114 in Books
- Published on: 1995-10
- Original language: English
- Number of items: 1
- Dimensions: 9.75" h x 8.00" w x 1.00" l, 1.10 pounds
- Binding: Hardcover
- 570 pages
From the Publisher
The author explains the difference among macroeconomists on issues of theory and policy while comparing and contrasting modern macroeconomic theory.
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