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Aggregate Demand and Supply
A Critique of Orthodox Macroeconomic Modelling
Udgivet af Palgrave Macmillan
ISBN
9781349262953
Om denne bog
''I wish Professor Rao and his collaborators every success in ensuring that future generations of students do not have to put up with logically incoherent foundations to their understanding of modern economic systems'' - G.C. Harcourt, Jesus College, Cambridge There is now an increasing realisation that the popular tex…
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Bogdetaljer
Forlag
Palgrave Macmillan
Kategori
Økonomisk teori og filosofi
ISBN-13
9781349262953
EAN
9781349262953
Format
Hæftet
Sprog
Engelsk
sider
228
Undertitel
- A Critique of Orthodox Macroeconomic Modelling
Produktbeskrivelse
''I wish Professor Rao and his collaborators every success in ensuring that future generations of students do not have to put up with logically incoherent foundations to their understanding of modern economic systems'' - G.C. Harcourt, Jesus College, Cambridge There is now an increasing realisation that the popular textbook macroeconomic model of aggregate demand and supply is logically incorrect. While there is a broad agreement among the critiques on these logical flaws there has been no such agreement on how the basic textbook macromodel should be modified. The essays in this volume contain very promising alternative models which will significantly influence the way macroeconomics will be taught in the future.
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