Macrodynamics: Fluctuations and Growth : A study of the economy in equilibrium and disequilibrium

by Pierre-Yves Henin

Book Details

Format Hardback or Cased Book

ISBN-10 0415313155

ISBN-13 9780415313155

Publisher Taylor & Francis Ltd

Imprint Routledge

Country of Manufacture GB

Country of Publication GB

Publication Date Jun 5th, 2003

Print length 472 Pages

Weight 1,030 grams

Product Classification: Economics

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Ksh 50,800.00

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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.

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