Macrodynamics: Fluctuations and Growth: A study of the economy in equilibrium and disequilibrium, 1st Edition (e-Book) book cover

Macrodynamics: Fluctuations and Growth

A study of the economy in equilibrium and disequilibrium, 1st Edition

By Pierre-Yves Hénin

Routledge

472 pages

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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.

Table of Contents

Part One - The Development of Macrodynamics

Chapter 1: Great dynamic theories of the past

Chapter 2: Pre-Keynesian theories of growth and fluctuations

Chapter 3: The Keynesian revolution

Part Two

Chapter 4: The consumption function

Chapter 5: Investment and Factor demand

Chapter 6: Financial behaviour and the demand for money

Part Three

Chapter 7: The representation of growth and its sources

Chapter 8: The stability and regulation of growth

Chapter 9: Growth: trends and limits

Part Four

Chapter 10: The analysis of fluctuations

Chapter 11: Inflation and Unemployment

Chapter 12: Disequilibria in the present day

Subject Categories

BISAC Subject Codes/Headings:
BUS000000
BUSINESS & ECONOMICS / General
BUS069030
BUSINESS & ECONOMICS / Economics / Theory
REF000000
REFERENCE / General