Macrodynamics: Fluctuations and Growth
A study of the economy in equilibrium and disequilibrium
Business & Finance, Economics, Theory of Economics
| Author: | Pierre-Yves Hénin | ISBN: | 9781135033453 |
| Publisher: | Taylor and Francis | Publication: | April 15, 2013 |
| Imprint: | Routledge | Language: | English |
| Author: | Pierre-Yves Hénin |
| ISBN: | 9781135033453 |
| Publisher: | Taylor and Francis |
| Publication: | April 15, 2013 |
| Imprint: | Routledge |
| 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:
* 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.
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.
