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A Neoclassical Analysis Of Macroeconomic Policy
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Book Synopsis A Neoclassical Analysis of Macroeconomic Policy by : Michael Beenstock
Download or read book A Neoclassical Analysis of Macroeconomic Policy written by Michael Beenstock and published by CUP Archive. This book was released on 1980 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Some recent trends in macroeconomic theory and practice; A critique of Keynesian macroeconomics; The basic neoclassical model; Extension of the neoclassical model; Long term policy analysis; The rational expectations hypothesis; Macroeconomic policy and rational expectations; Theory and practice.
Book Synopsis A Critique of Neoclassical Macroeconomics by : John Weeks
Download or read book A Critique of Neoclassical Macroeconomics written by John Weeks and published by Springer. This book was released on 1989-10-24 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of this book is to provide a critique of the standard neoclassical macroeconomic model. This model is the basis of certain "parables" which play a major role in policy-making and in the way that the layman conceives of economic policy and management.
Download or read book Macroeconomics written by William Scarth and published by Edward Elgar Publishing. This book was released on 2014-01-31 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: øThis important textbook offers a comprehensive look into the two main traditions in contemporary macroeconomics _ New Classical and Keynesian _ and examines the work of economists who have drawn on principles from both traditions to form a new, integr
Book Synopsis The Irreconcilable Inconsistencies of Neoclassical Macroeconomics by : John Weeks
Download or read book The Irreconcilable Inconsistencies of Neoclassical Macroeconomics written by John Weeks and published by Routledge. This book was released on 2012-02-23 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the course of this book it is argued that the loss of what is essentially "macro" in Keynes is the result of a preference for a form of equilibrium analysis that gives unqualified support to the ideology of free markets. In the case of Marx, his theory of exploitation and from this the stress on class struggle, led to an almost complete neglect of his contribution to the analysis of the aggregate demand and supply of commodities.
Book Synopsis New Classical Macroeconomics by : Fouad Sabry
Download or read book New Classical Macroeconomics written by Fouad Sabry and published by One Billion Knowledgeable. This book was released on 2024-02-02 with total page 309 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is New Classical Macroeconomics In the field of macroeconomics, there is a school of thinking known as new classical macroeconomics, which is also referred to occasionally as simply new classical economics. This school of thought bases its analysis wholly on a neoclassical framework. In particular, it places an emphasis on the significance of having robust foundations that are founded on microeconomics, particularly rational anticipated outcomes. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: New classical macroeconomics Chapter 2: Keynesian economics Chapter 3: Macroeconomics Chapter 4: Neoclassical economics Chapter 5: Stagflation Chapter 6: New Keynesian economics Chapter 7: Robert Lucas Jr. Chapter 8: Neutrality of money Chapter 9: Costas Azariadis Chapter 10: Policy-ineffectiveness proposition Chapter 11: Permanent income hypothesis Chapter 12: Mainstream economics Chapter 13: Schools of economic thought Chapter 14: Dynamic stochastic general equilibrium Chapter 15: Microfoundations Chapter 16: Neoclassical synthesis Chapter 17: Saltwater and freshwater economics Chapter 18: Home economics Chapter 19: History of macroeconomic thought Chapter 20: General disequilibrium Chapter 21: New neoclassical synthesis (II) Answering the public top questions about new classical macroeconomics. (III) Real world examples for the usage of new classical macroeconomics in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of New Classical Macroeconomics.
Book Synopsis The Nature of Macroeconomics by : Athol Fitzgibbons
Download or read book The Nature of Macroeconomics written by Athol Fitzgibbons and published by Edward Elgar Publishing. This book was released on 2002-01-01 with total page 183 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Nature of Macroeconomics is a short but adventurous book that punches well above its weight . . . As part of a growing literature that identifies methodological issues as central to any appreciation of macroeconomic debate, and which seeks to under-labor for a more relevant useful indeed, more scientific macroeconomics, Fitzgibbons book is to be warmly welcomed. Mark Setterfield, Review of Social Economy Fitzgibbons examines the foundations of macroeconomic theory and policy and develops an insightful discussion of important issues, especially the state of knowledge of both market participants and policymakers . . . The Nature of Macroeconomics is clearly a book that contributes to the growth of our own partial knowledge. David Dequech, Review of Political Economy Athol Fitzgibbons s book distils the main lesson of the debates on Keynes over the last 25 years: that macroeconomics has to be based on a theory of knowledge consistent with the way life is lived, where decisions are made in the face of imperfect knowledge. All existing theory (including, he argues, the General Theory) assumes either perfect knowledge or complete ignorance. He shows us why this has happened, and suggests a way out. It is a brave, knowledgeable and important book. Victoria Chick, University College London, UK A well-written, well-argued discussion of the foundations of macro. If you are unfamiliar with the arguments that macro is not, and cannot be, a traditional science, then this book is definitely worth reading. David Colander, Middlebury College, Vermont, US This book addresses the long absence of a satisfactory theory of macroeconomics. Keynesian theory is not consistent with rational self-interest, but neo-classical economics is unable to explain economic volatility and the trade cycle. Athol Fitzgibbons critiques the leading macroeconomic theories, which he believes are unduly mechanistic because they are incompatible with non-quantitative knowledge. The author sketches the intellectual history of partial knowledge and judgement so far as these relate to macroeconomics, and rejects the claims that Keynes recanted the analysis of practical reason in his Treatise on Probability. Fitzgibbons s theme is the possibility of a new synthesis of Keynes and the neoclassical system. This stresses financial rationality, but it also recognizes that there is an element of indeterminacy in both government policies and the movements of the market.
Book Synopsis Macroeconomics by : William M. Scarth
Download or read book Macroeconomics written by William M. Scarth and published by Edward Elgar Publishing. This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This important textbook offers a comprehensive look into the two main traditions in contemporary macroeconomics ? New Classical and Keynesian ? and examines the work of economists who have drawn on principles from both traditions to form a new, integrated approach known as New Neoclassical Synthesis. Importantly, this provides the theoretical foundation for much of current mainstream economics and the work done by central banks around the world. With a dual focus on research methods and policy applications, this book bridges the gap between intermediate macroeconomic and advanced graduate-level texts, making it an ideal resource for senior undergraduate and Masters students in applied economics programs. Key topics include: ? a concise summary of intermediate macroeconomics, including the foundational ideas of both the New Classical and Keynesian traditions? the Lucas critique of standard methods for evaluating policy design? debt sustainability and austerity vs. stimulation debate? optimal inflation rates? tax reform and growth analysis? alternative monetary policies for pursuing price stability? theories of unemployment.Students and instructors will find additional useful resources on the book's companion website, including practice questions for each chapter
Book Synopsis Samuelson and Neoclassical Economics by : G. Feiwel
Download or read book Samuelson and Neoclassical Economics written by G. Feiwel and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 366 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is not a festschrift, but a study of the prodigious Samuelson phe nomenon, his history-making contributions to and impact on the econom ics of our age, and the intricate, often perplexing, and divergent trends in modern economics - all intensely controversial subjects that will be argued, scrutinized, and periodically reassessed by economists of various strands and traditions for years to come, for, as Samuelson wrote of Pigou, "immortality does have its price. " A scholar with such an out standing body of contributions "must expect other men to swarm about it" (1966, p. 1233), subject it to scholarly scrutiny, and challenge it. Although Paul Samuelson was 65 on May 15, 1980 (and our best wishes go out to him for long life and continued enrichment of economics), this is neither a birthday party nor a gathering of only the Good Fairies, for, as he himself has said of Marx, "a great scholar deserves the compliment of being judged seriously" and critically (1972, p. 268). In accordance with the rule of Roman law, audiatur et altera pars, I have invited representative scholars of widely divergent perceptions to offer their critical evaluation of the "age of Samuelson. " While the response was by and large gratifying, some scholars were unable to meet the deadline, ix x PREFACE and with much compunction I have had to expand my own essays to partly fill the gaps.
Book Synopsis Advanced Macroeconomics by : Filipe R. Campante
Download or read book Advanced Macroeconomics written by Filipe R. Campante and published by LSE Press. This book was released on 2021-10-11 with total page 420 pages. Available in PDF, EPUB and Kindle. Book excerpt: Macroeconomic policy is one of the most important policy domains, and the tools of macroeconomics are among the most valuable for policy makers. Yet there has been, up to now, a wide gulf between the level at which macroeconomics is taught at the undergraduate level and the level at which it is practiced. At the same time, doctoral-level textbooks are usually not targeted at a policy audience, making advanced macroeconomics less accessible to current and aspiring practitioners. This book, born out of the Masters course the authors taught for many years at the Harvard Kennedy School, fills this gap. It introduces the tools of dynamic optimization in the context of economic growth, and then applies them to a wide range of policy questions – ranging from pensions, consumption, investment and finance, to the most recent developments in fiscal and monetary policy. It does so with the requisite rigor, but also with a light touch, and an unyielding focus on their application to policy-making, as befits the authors’ own practical experience. Advanced Macroeconomics: An Easy Guide is bound to become a great resource for graduate and advanced undergraduate students, and practitioners alike.
Book Synopsis Neoclassical Economics by : Fouad Sabry
Download or read book Neoclassical Economics written by Fouad Sabry and published by One Billion Knowledgeable. This book was released on 2024-01-16 with total page 412 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is Neoclassical Economics In the field of economics, neoclassical economics refers to an approach that observes the production, consumption, and valuation (price) of commodities and services as being driven by the supply and demand model. According to this school of thinking, the value of a product or service is established by a hypothetical process that involves the maximization of utility by individuals with limited incomes and of profits by businesses that are confronted with production costs and make use of the information and factors of production that are accessible. By making reference to rational choice theory, this strategy has frequently been defended as being appropriate. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Neoclassical economics Chapter 2: Economics Chapter 3: Keynesian economics Chapter 4: Microeconomics Chapter 5: Perfect competition Chapter 6: General equilibrium theory Chapter 7: New Keynesian economics Chapter 8: Index of economics articles Chapter 9: Classical economics Chapter 10: Economic efficiency Chapter 11: Welfare economics Chapter 12: Steve Keen Chapter 13: Heterodox economics Chapter 14: Sonnenschein-Mantel-Debreu theorem Chapter 15: Schools of economic thought Chapter 16: Dynamic stochastic general equilibrium Chapter 17: Microfoundations Chapter 18: Neoclassical synthesis Chapter 19: New classical macroeconomics Chapter 20: Macroeconomics Chapter 21: History of macroeconomic thought (II) Answering the public top questions about neoclassical economics. (III) Real world examples for the usage of neoclassical economics in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of neoclassical economics.
Book Synopsis Macroeconomics Simplified by : Nicoli Nattrass
Download or read book Macroeconomics Simplified written by Nicoli Nattrass and published by SAGE Publications Pvt. Limited. This book was released on 2019-01-17 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Macroeconomics Simplified explains the intuition behind Keynesian and neoclassical macroeconomics using graphs and simple algebra. It provides students with a strong conceptual basis for understanding the tension between Keynesian and neoclassical systems that has once again came to the forefront since the 2007–08 financial crisis. The book shows how theoretical perspectives affect macroeconomic policy choices and proposes a pragmatic approach to policy that is sensitive to prevailing economic conditions. Students of economics and business alike will enjoy its concise and engaging analysis and find the applications and references to the Indian economy helpful.
Book Synopsis Principles of Macroeconomics for AP® Courses 2e by : Steven A. Greenlaw
Download or read book Principles of Macroeconomics for AP® Courses 2e written by Steven A. Greenlaw and published by . This book was released on 2017 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Principles of Macroeconomics for AP® Courses 2e covers the scope and sequence requirements for an Advanced Placement® macroeconomics course and is listed on the College Board's AP® example textbook list. The second edition includes many current examples and recent data from FRED (Federal Reserve Economic Data), which are presented in a politically equitable way. The outcome is a balanced approach to the theory and application of economics concepts. The second edition was developed with significant feedback from current users. In nearly all chapters, it follows the same basic structure of the first edition. General descriptions of the edits are provided in the preface, and a chapter-by-chapter transition guide is available for instructors.
Book Synopsis Modern Macroeconomic Analysis by : Paul Turner
Download or read book Modern Macroeconomic Analysis written by Paul Turner and published by McGraw-Hill Companies. This book was released on 1993 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis An Introduction to Macroeconomics by : Louis-Philippe Rochon
Download or read book An Introduction to Macroeconomics written by Louis-Philippe Rochon and published by Edward Elgar Publishing. This book was released on 2021-03-26 with total page 633 pages. Available in PDF, EPUB and Kindle. Book excerpt: The second edition of this important textbook introduces students to the fundamental ideas of heterodox economics. It is written in a clear way by top heterodox scholars. This introductory book offers not only a critique of the dominant approach to economics, but also presents a positive and constructive alternative. Students interested in an explanation of the real world will find the heterodox approach not only satisfying, but ultimately better able to explain a money-using economy prone to periods of instability and crises.
Book Synopsis Science, Rationality, and Neoclassical Economics by : L. D. Keita
Download or read book Science, Rationality, and Neoclassical Economics written by L. D. Keita and published by University of Delaware Press. This book was released on 1992 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work examines the claim to scienific status made by supporters and practitioners of neoclassical economics. The approach taken is that of the history and philosophy of science. Analysis points to the conclusion that theories of economic choice are necessarily normative, essentially because of the nature of human behavior.
Book Synopsis Money, Distribution and Economic Policy by : Eckhard Hein
Download or read book Money, Distribution and Economic Policy written by Eckhard Hein and published by Edward Elgar Publishing. This book was released on 2007-01-01 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: Money, Distribution and Economic Policy takes issue with the inappropriate treatment of money, effective demand and distribution issues in modern mainstream macroeconomics. It presents contributions which are critical of modern orthodoxy and which explore alternative approaches to macroeconomics and economic policy analysis. The contributors explore the following areas: the development of heterodox theory, the role of money in macroeconomics, the relationship between distribution and aggregate demand and, macroeconomic policy issues from a broader heterodox perspective. This study will appeal to scholars, researchers and postgraduate students of macroeconomics and economic policy, money and banking and post Keynesian economics.
Book Synopsis Interactions in Analytical Political Economy by : Mark Setterfield
Download or read book Interactions in Analytical Political Economy written by Mark Setterfield and published by Routledge. This book was released on 2019-07-23 with total page 430 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this interactive collection of essays, many of the leading proponents of analytical political economy examine major macroeconomic issues through the integration of mathematical analysis and non-neoclassical economic theory. The topics covered include the macroeconomics of the labor market, open economy issues, economic growth, and macroeconomic policy. The chapter-comment-reply format of the book creates a genuine dialogue on each theme, and evokes a sense of unfolding debate which draws the reader into the discussion.
