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9789386418425- 5bd9929bc588e021c78ce095 Contemporary Macroeconomic Theory and Policy https://www.trendypaper.com/s/5b1a00c581a9afd8ff765190/ms.products/5bd9929bc588e021c78ce095/images/5bd9929bc588e021c78ce096/5bd9929dc588e021c78ce09a/5bd9929dc588e021c78ce09a.jpg

Macroeconomics in part I and develops the orthodox Keynesian approach with fixed and flexible prices in part II. In part III the author discusses the modern theories of inflation and unemployment. Among the topics covered are Philips curves and natural rate of unemployment, the accelerationist controversy, rational expectations, staggered wage setting and new classical macroeconomics. In part IV the theoretical underpinnings of key empirical macro relations such as the consumption function, investment function, and demand and supply of money are discussed. Part V concentrates on open economy aspects of macroeconomics.

 9789386418425-
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Contemporary Macroeconomic Theory and Policy

Contemporary Macroeconomic Theory and Policy

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Author: Raghbend Jha

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ISBN: 9789386418425-
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Macroeconomics in part I and develops the orthodox Keynesian approach with fixed and flexible prices in part II. In part III the author discusses the modern theories of inflation and unemployment. Among the topics covered are Philips curves and natural rate of unemployment, the accelerationist controversy, rational expectations, staggered wage setting and new classical macroeconomics. In part IV the theoretical underpinnings of key empirical macro relations such as the consumption function, investment function, and demand and supply of money are discussed. Part V concentrates on open economy aspects of macroeconomics.

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