1st Edition

Macroeconomics and Monetary Theory

Edited By Harry G. Johnson Copyright 1972
224 Pages
by Routledge

228 Pages
by Routledge

213 Pages
by Routledge

Macroeconomics is an outgrowth from the main stream of classical monetary theory following Keynes. Keynes changed the emphasis from determination of the level of money prices to determination of the level of output and employment. He also changed the key relationship from demand and supply of money as determining the price level to the relationship between consumption expenditure and income, in... Read more
Part I Macroeconomics, Part II The Demand for Money, Part III Integration of Monetary and Value Theory, Part IV Empirical Work in Monetary Economics, Part V Some Major Policy Issues, Appendix

Biography

Harry G. Johnson