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CURRENT CONTROVERSIES IN MACROECONOMICS

Hardback

CURRENT CONTROVERSIES IN MACROECONOMICS

9781852780890 Edward Elgar Publishing
Howard R. Vane, Emeritus Professor of Economics, Liverpool Business School and John L. Thompson, Reader in Finance, Liverpool John Moores University, UK
Publication Date: 1992 ISBN: 978 1 85278 089 0 Extent: 160 pp
This book provides a concise yet rigorous discussion of the main issues in modern macroeconomics. In particular, it examines the controversy over the role and conduct of macroeconomic stabilization policy.

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This book provides a concise yet rigorous discussion of the main issues in modern macroeconomics. In particular, it examines the controversy over the role and conduct of macroeconomic stabilization policy.

While the book is written in such a way as to allow students to read individual chapters in isolation, according to their interests and needs, the book follows a structured direction. After providing a review of mainstream macro-models and the chief areas of controversy between Keynesian, Monetarist and New Classical approaches to stabilization policy, subsequent chapters focus on selected key controversies: the balance of payments and exchange rates; inflation and unemployment; money and economic activity; fiscal policy and aggregate demand; and business cycles.

The approach adopted by the authors make this book highly responsive to teaching and student needs. This authoritative state-of-the-art survey of modern macroeconomics will be essential reading for intermediate level courses in macroeconomics.
Critical Acclaim
‘. . . usefully recommended as an additional reading for intermediate undergraduate courses.’
– Pasquale Scaramozzino, The Economic Journal
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