Macroeconomics : the development of modern methods for policy analysis /
Scarth, William M.
Macroeconomics : the development of modern methods for policy analysis / [electronic resource] William M. Scarth. - Cheltenham : Edward Elgar Publishing, 2014. - 1 online resource (336 pages).
Cover; Copyright; Contents in brief; Contents in full; Preface; 1 Keynes and the Classics; 2 The first Neoclassical Synthesis; 3 Model-consistent expectations; 4 The micro-foundations of modern macroeconomics; 5 The challenge of New Classical macroeconomics; 6 The New Neoclassical Synthesis; 7 Stabilization policy controversies; 8 Structural unemployment; 9 Unemployment and low incomes: applying the theory; 10 Traditional growth theory; 11 New growth theory; 12 Growth policy; References; Index.
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.
9781781953891
Macroeconomics.
Macroeconomics : the development of modern methods for policy analysis / [electronic resource] William M. Scarth. - Cheltenham : Edward Elgar Publishing, 2014. - 1 online resource (336 pages).
Cover; Copyright; Contents in brief; Contents in full; Preface; 1 Keynes and the Classics; 2 The first Neoclassical Synthesis; 3 Model-consistent expectations; 4 The micro-foundations of modern macroeconomics; 5 The challenge of New Classical macroeconomics; 6 The New Neoclassical Synthesis; 7 Stabilization policy controversies; 8 Structural unemployment; 9 Unemployment and low incomes: applying the theory; 10 Traditional growth theory; 11 New growth theory; 12 Growth policy; References; Index.
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.
9781781953891
Macroeconomics.