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An Introduction to Macroeconomics

Paperback

An Introduction to Macroeconomics

A Heterodox Approach to Economic Analysis

2nd edition

9781789901160 Edward Elgar Publishing
Edited by Louis-Philippe Rochon, Full Professor, Laurentian University, Canada, Editor of Review of Political Economy and Founding Editor Emeritus, Review of Keynesian Economics and Sergio Rossi, Full Professor of Economics, University of Fribourg, Switzerland
Publication Date: March 2021 ISBN: 978 1 78990 116 0 Extent: c 480 pp
The second edition of this important textbook introduces students to the fundamental ideas of heterodox economics. It is written in a clear way by top heterodox scholars. This introductory book offers not only a critique of the dominant approach to economics, but also presents a positive and constructive alternative. Students interested in an explanation of the real world will find the heterodox approach not only satisfying, but ultimately better able to explain a money-using economy prone to periods of instability and crises.

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The second edition of this important textbook introduces students to the fundamental ideas of heterodox economics. It is written in a clear way by top heterodox scholars. This introductory book offers not only a critique of the dominant approach to economics, but also presents a positive and constructive alternative. Students interested in an explanation of the real world will find the heterodox approach not only satisfying, but ultimately better able to explain a money-using economy prone to periods of instability and crises.

Key features of this textbook include:

• A non-conventional understanding of economic analysis on a number of relevant topics
• A new analysis of the state of macroeconomics
• Deep and convincing criticism of orthodox thinking
• Discussion of the crucial importance of money, banking and finance today
• New discussions of the theories of consumption and investment
• Analysis of the roots of the 2008 global financial crisis
• A presentation of the features of sustainable development.

Students of economics at all levels can use this textbook to deepen their understanding of the heterodox approach, the fundamental roots of the 2008 global financial crisis and the need to rethink economics afresh.
Contributors
Contributors include: G. Bhering, R.A. Blecker, H. Bortis, A. Cencini, T. Dallery, S.A. Drakopoulos, G. Epstein, R. Guttmann, O. Hamouda, R.P.F. Holt, J. Jespersen, J. King, M. Lavoie, J. McCombie, L.-P. Rochon, S. Rossi, M. Sawyer, M. Seccareccia, M. Setterfield, N. Tharnpanich, J. Toporowski

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eISBN: 978 1 78990 115 3
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