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Macrodynamics: Fluctuations and Growth

Pierre-Yves Hénin
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A01=Pierre-Yves Henin
Author_Pierre-Yves Henin
autonomous
Autonomous Expenditure
capital
Capital Output Ratio
Category=KC
Cobb Douglas Function
Demand Price
dynamic macroeconomic modelling
Dynamic Multipliers
economic disequilibrium
Effective Demand
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
Equilibrium Growth Path
Excess Demand
Excess Supply
expenditure
FRG
Indian record
involuntary unemployment
Keynes
Keynesian Function
Lm Curve
Macroeconomic Analysis
macroeconomic cycles
marginal
money
Money Balances
Money Illusion
Natural Rate
neoclassical synthesis
non-clearing markets
output
Partial Adjustment
Permanent Income
persistent inflation
Postwar
Production Function
productivity
quantity
Roundabout
Star Model
supply
theory
Vice Versa
West Germany

Product details

  • ISBN 9780415607117
  • Weight: 870g
  • Dimensions: 138 x 216mm
  • Publication Date: 14 Oct 2010
  • Publisher: Taylor & Francis Ltd
  • Publication City/Country: GB
  • Product Form: Paperback
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Description

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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