Neoclassical Vs. Keynesian Economy Under Dynamic Optimization

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Publisher :
ISBN 13 :
Total Pages : 38 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis Neoclassical Vs. Keynesian Economy Under Dynamic Optimization by : Yoshiyasu Ono

Download or read book Neoclassical Vs. Keynesian Economy Under Dynamic Optimization written by Yoshiyasu Ono and published by . This book was released on 1989 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Money, Interest, and Stagnation

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Publisher :
ISBN 13 :
Total Pages : 224 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Money, Interest, and Stagnation by : Yoshiyasu Ono

Download or read book Money, Interest, and Stagnation written by Yoshiyasu Ono and published by . This book was released on 1994 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book looks at the utility of money in dynamic macroeconomic theory. Ono sets out a new theoretical explanation of disequilibrium in markets, using stagnant money as an example, that draws in part on Keynes's work, but also uses the neoclassical theoretical tools of optimization and intertemporal models. His strikingly original work has interesting implications for macroeconomic behavior and the efficacy of governmental policies to stimulate growth in the economy.

Neoclassical Economics

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Publisher : One Billion Knowledgeable
ISBN 13 :
Total Pages : 412 pages
Book Rating : 4.:/5 (661 download)

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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.

Neoclassical Economic Theory, 1870 to 1930

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Publisher : Springer Science & Business Media
ISBN 13 : 9400921810
Total Pages : 380 pages
Book Rating : 4.4/5 (9 download)

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Book Synopsis Neoclassical Economic Theory, 1870 to 1930 by : Klaus Hennings

Download or read book Neoclassical Economic Theory, 1870 to 1930 written by Klaus Hennings and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt: Warren J. Samuels Each book in this series explores the present status of its field in terms of where it is, how it got there, the existing tensions within the field, and something of how the field might develop in the future. Each book presumes that work in each field is neither settled nor unequivocal. Each book attempts to comprehend its field as an evolving, developmental process or set or efforts. This particular book, covering neoclassical economics, is the third of three in the field of the History of Economic Thought. The others are Pre-Classical Economic Thought, edited by S. Todd Lowry, and Classical Political Economy, edited by William O. Thweatt. Each one conducts the same kind of analysis as the others in the series, with the understanding that here we are dealing with the history of interpretation, rather than a substantive body of analysis of a certain aspect of the economy: for example, labor or international trade. (That understanding must be com plex and subtle, inasmuch as revision of interpretation of earlier ideas is part of the process-both cause and consequence-of re-analyzing the economy. ) In this group we are interested in how recent and contemporary writers have interpreted the history of economic thought differently, both among themselves and from earlier writers. 1 NEOCLASSICAL ECONOMIC lHEORY 2 Several topics must be discussed to place such work in perspective, in part as it is here applied to the history of the interpretation of neoclassical economics.

Keynes and the Neoclassical Synthesis

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Publisher : Routledge
ISBN 13 : 113467029X
Total Pages : 408 pages
Book Rating : 4.1/5 (346 download)

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Book Synopsis Keynes and the Neoclassical Synthesis by : Dario Togati

Download or read book Keynes and the Neoclassical Synthesis written by Dario Togati and published by Routledge. This book was released on 1998-08-20 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a critical assessment of the Neoclassical Synthesis, long regarded as the standard interpretation of Keynes. It offers a fresh interpretation of Keynes and makes an important contribution to post-Keynesian economics

Contending Economic Theories

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Publisher : MIT Press
ISBN 13 : 0262517833
Total Pages : 425 pages
Book Rating : 4.2/5 (625 download)

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Book Synopsis Contending Economic Theories by : Richard D. Wolff

Download or read book Contending Economic Theories written by Richard D. Wolff and published by MIT Press. This book was released on 2012-09-07 with total page 425 pages. Available in PDF, EPUB and Kindle. Book excerpt: A systematic comparison of the 3 major economic theories—neoclassical, Keynesian, and Marxian—showing how they differ and why these differences matter in shaping economic theory and practice. Contending Economic Theories offers a unique comparative treatment of the three main theories in economics as it is taught today: neoclassical, Keynesian, and Marxian. Each is developed and discussed in its own chapter, yet also differentiated from and compared to the other two theories. The authors identify each theory's starting point, its goals and foci, and its internal logic. They connect their comparative theory analysis to the larger policy issues that divide the rival camps of theorists around such central issues as the role government should play in the economy and the class structure of production, stressing the different analytical, policy, and social decisions that flow from each theory's conceptualization of economics. Building on their earlier book Economics: Marxian versus Neoclassical, the authors offer an expanded treatment of Keynesian economics and a comprehensive introduction to Marxian economics, including its class analysis of society. Beyond providing a systematic explanation of the logic and structure of standard neoclassical theory, they analyze recent extensions and developments of that theory around such topics as market imperfections, information economics, new theories of equilibrium, and behavioral economics, considering whether these advances represent new paradigms or merely adjustments to the standard theory. They also explain why economic reasoning has varied among these three approaches throughout the twentieth century, and why this variation continues today—as neoclassical views give way to new Keynesian approaches in the wake of the economic collapse of 2008.

The Irreconcilable Inconsistencies of Neoclassical Macroeconomics

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Publisher : Routledge
ISBN 13 : 1136343687
Total Pages : 388 pages
Book Rating : 4.1/5 (363 download)

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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.

Neoclassical Synthesis

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Publisher : One Billion Knowledgeable
ISBN 13 :
Total Pages : 328 pages
Book Rating : 4.:/5 (661 download)

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Book Synopsis Neoclassical Synthesis by : Fouad Sabry

Download or read book Neoclassical Synthesis written by Fouad Sabry and published by One Billion Knowledgeable. This book was released on 2024-02-13 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is Neoclassical Synthesis The neoclassical synthesis (NCS), Neoclassical-Keynesian Synthesis, or just neo-Keynesianism was a neoclassical economics academic movement and paradigm in economics that worked towards reconciling the macroeconomic thought of John Maynard Keynes in his book The General Theory of Employment, Interest and Money (1936). It was formulated most notably by John Hicks (1937), Franco Modigliani (1944), and Paul Samuelson (1948), who dominated economics in the post-war period and formed the mainstream of macroeconomic thought in the 1950s, 60s, and 70s. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Neoclassical synthesis Chapter 2: Keynesian economics Chapter 3: Macroeconomics Chapter 4: Post-Keynesian economics Chapter 5: IS-LM model Chapter 6: Full employment Chapter 7: New Keynesian economics Chapter 8: Index of economics articles Chapter 9: John Hicks Chapter 10: Classical economics Chapter 11: The General Theory of Employment, Interest and Money Chapter 12: Edmund Phelps Chapter 13: Alvin Hansen Chapter 14: New classical macroeconomics Chapter 15: Paul Davidson (economist) Chapter 16: Paul Samuelson Chapter 17: Keynesian Revolution Chapter 18: History of macroeconomic thought Chapter 19: Disequilibrium macroeconomics Chapter 20: Mr. Keynes and the "Classics" Chapter 21: Marxism and Keynesian economics (II) Answering the public top questions about neoclassical synthesis. (III) Real world examples for the usage of neoclassical synthesis 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 Synthesis.

Keynes and the Classics Reconsidered

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Publisher : Springer Science & Business Media
ISBN 13 : 9780792381495
Total Pages : 234 pages
Book Rating : 4.3/5 (814 download)

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Book Synopsis Keynes and the Classics Reconsidered by : James C.W. Ahiakpor

Download or read book Keynes and the Classics Reconsidered written by James C.W. Ahiakpor and published by Springer Science & Business Media. This book was released on 1998-03-31 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: Keynes and the Classics Reconsidered is a collection of scholarly work re-evaluating Keynes's revolution in economic thought, both in the method of macroeconomic reasoning and in policy-making. This book brings together mostly a younger generation of economists to revisit Keynes's interpretation of the classics and its impact on macroeconomic theory and policy. There has been a considerable advance in the literature re-interpreting the classics and the early neoclassical economists. Most of the contributing authors have themselves been active participants in this reinterpretation. The participation of Robert Clower, an active participant in the Keynes versus the classics debate since the 1960s, brings a particularly significant retrospective to this fresh look at the record. Keynes and the Classics Reconsidered will be of interest to policy-makers and economists, especially those working in the areas of macro and monetary economics.

What is Neoclassical Economics?

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Publisher : Routledge
ISBN 13 : 1317334515
Total Pages : 368 pages
Book Rating : 4.3/5 (173 download)

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Book Synopsis What is Neoclassical Economics? by : Jamie Morgan

Download or read book What is Neoclassical Economics? written by Jamie Morgan and published by Routledge. This book was released on 2015-11-19 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite some diversification modern economics still attracts a great deal of criticism. This is largely due to highly unrealistic assumptions underpinning economic theory, explanatory failure, poor policy framing, and a dubious focus on prediction. Many argue that flaws continue to owe much of their shortcomings to neoclassical economics. As a result, what we mean by neoclassical economics remains a significant issue. This collection addresses the issue from a new perspective, taking as its point of departure Tony Lawson’s essay ‘What is this ‘school’ called neoclassical economics?’. Few terms are as controversial for pluralist and heterodox economists as neoclassical economics. This controversy has many aspects because the term itself has different specifications and connotations. Within this multiplicity what we mean by neoclassical matters to pluralist and heterodox economists for two primary reasons. First, because it informs how we view and critique the mainstream; second, because the relationship between heterodox and mainstream economics influences how heterodox economists model, apply methods and construct theory. The chapters in this collection each have different things to say about these matters, with contributions ranging across the work of key thinkers, such as Thorstein Veblen and Kenneth Arrow, applied issues of non-linear modelling of dynamic systems, and key events in the history of economics. This book will be of use to those interested in methodology, political economy, heterodoxy, and the history of economic thought.

Classical, Neoclassical and Keynesian Views on Growth and Distribution

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Publisher : Edward Elgar Publishing
ISBN 13 : 9781781008089
Total Pages : 360 pages
Book Rating : 4.0/5 (8 download)

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Book Synopsis Classical, Neoclassical and Keynesian Views on Growth and Distribution by : Neri Salvadori

Download or read book Classical, Neoclassical and Keynesian Views on Growth and Distribution written by Neri Salvadori and published by Edward Elgar Publishing. This book was released on 2006-01-27 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book reconsiders and analyses the different approaches historically proposed in the literature on growth and distribution. The contributors have achieved, through a comprehensive and cohesive analysis of the approaches of different schools of thought, a wide-ranging interpretation of a variety of important economic phenomena. The book identifies elements characterising each approach and tries to derive from them a range of insights into the complexity of the growth process.

The Post-Keynesian Approach to Economics

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Publisher : Edward Elgar Publishing
ISBN 13 : 9781852781545
Total Pages : 340 pages
Book Rating : 4.7/5 (815 download)

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Book Synopsis The Post-Keynesian Approach to Economics by : Philip Arestis

Download or read book The Post-Keynesian Approach to Economics written by Philip Arestis and published by Edward Elgar Publishing. This book was released on 1992 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: This major new book provides a coherent critique of the neo-classical synthesis together with a comprehensive and systematic introduction to the post Keynesian alternatives. Professor Arestis demonstrates that post Keynesian economics offers a challenge to conventional neoclassical economics. He argues that although post Keynesianism is not problem-free, it nevertheless offers a more satisfactory explanation of 'real' phenomena. The post Keynesian Approach to Economicsreveals the microfoundations of post Keynesian economics and describes how these theoretical propositions link up with the macrofoundations. In doing so, it demonstrates that money pricing, capital accumulation, growth and distribution are linked very closely together. The economic policy implications are discussed extensively.

Recent Developments in Non-neoclassical Economics

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Publisher : Ashgate Publishing
ISBN 13 :
Total Pages : 504 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Recent Developments in Non-neoclassical Economics by : Stanley Bober

Download or read book Recent Developments in Non-neoclassical Economics written by Stanley Bober and published by Ashgate Publishing. This book was released on 1997 with total page 504 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work describes a movement in recent years to refocus economic reasoning away from the neoclassical approach, which is concerned with allocation of scarce resources. It also explores alternative analyses of reproduction and growth, such as post-Keynesian and neo-Ricardian economics, in which the discussion is not tied to the characteristics of scarcity. The workings of the economy are also described from a neoclassical perspective using the Kaldor-Pasinetti income distribution model and the Harrod-Domar micro-dynamic growth paths.

From Keynes to Neoclassical Synthesis

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Publisher : Moscow : Progress Publishers
ISBN 13 :
Total Pages : 244 pages
Book Rating : 4.:/5 (38 download)

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Book Synopsis From Keynes to Neoclassical Synthesis by : Irina Mikhaĭlovna Osadchai︠a︡

Download or read book From Keynes to Neoclassical Synthesis written by Irina Mikhaĭlovna Osadchai︠a︡ and published by Moscow : Progress Publishers. This book was released on 1974 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: German translation has title: Von Keynes zur neoklassischen Synthese. Includes bibliographical references.

Advanced Macroeconomics

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Publisher : LSE Press
ISBN 13 : 1909890707
Total Pages : 420 pages
Book Rating : 4.9/5 (98 download)

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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.

A History of Macroeconomics from Keynes to Lucas and Beyond

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Publisher : Cambridge University Press
ISBN 13 : 0521898439
Total Pages : 451 pages
Book Rating : 4.5/5 (218 download)

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Book Synopsis A History of Macroeconomics from Keynes to Lucas and Beyond by : Michel De Vroey

Download or read book A History of Macroeconomics from Keynes to Lucas and Beyond written by Michel De Vroey and published by Cambridge University Press. This book was released on 2016-01-08 with total page 451 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book retraces the history of macroeconomics from Keynes's General Theory to the present. Central to it is the contrast between a Keynesian era and a Lucasian - or dynamic stochastic general equilibrium (DSGE) - era, each ruled by distinct methodological standards. In the Keynesian era, the book studies the following theories: Keynesian macroeconomics, monetarism, disequilibrium macro (Patinkin, Leijongufvud, and Clower) non-Walrasian equilibrium models, and first-generation new Keynesian models. Three stages are identified in the DSGE era: new classical macro (Lucas), RBC modelling, and second-generation new Keynesian modeling. The book also examines a few selected works aimed at presenting alternatives to Lucasian macro. While not eschewing analytical content, Michel De Vroey focuses on substantive assessments, and the models studied are presented in a pedagogical and vivid yet critical way.

A Search for Synthesis

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Publisher : Salt Lake City, Utah : Olympus Publishing Company
ISBN 13 :
Total Pages : 328 pages
Book Rating : 4.:/5 (39 download)

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Book Synopsis A Search for Synthesis by : Ching-Yao Hsieh

Download or read book A Search for Synthesis written by Ching-Yao Hsieh and published by Salt Lake City, Utah : Olympus Publishing Company. This book was released on 1983 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: