This volume, originally published in 1964, is intended for students of macroeconomic theory and mathematical programming. Part 1 includes critical discussion of debates from the 1950s and 60s in the related fields of income-employment , trade cycles and general prices, with an ultimate view to extending macroeconomic analysis and policy beyond the conventional purview; Part 2 suggests various possible macro applications of mathematical programming techniques to optimization problems, with a secondary view to forwwarding the synthesis of aggregative economic theory and multisectoral input-output analysis.
Table of Contents
Part 1: Macro Analysis and Policy 1. Multiplier Analysis and Fiscal Policy 2. Monetary Theory and General Prices 3. The Liquidity Trap and Full Employment 4. An Endogenous Model of Cyclical Growth Part 2: Macro Linear Programming 5. Input-Output Preliminaries to Linear Programming 6. Linear Programming for Optimal Employment and Investment 7. The Harrod Matrix and Multisectoral Linear Programming 8. Parametric Non-Linear Programming for Optimal Growth