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Macrodynamics : a study of the economy in equilibrium and disequilibrium.
Building from the micro-foundations of economic behaviour to a full survey of macroeconomics, the book examines growth theory and equilibrium and disequilibrium approaches to provide a comprehensive survey of all the rival theoretical approaches that underlie central policy debates. A survey of pre-...
| Clasificación: | Libro Electrónico |
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| Autor principal: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Hoboken :
Taylor and Francis,
2013.
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| Temas: | |
| Acceso en línea: | Texto completo |
Tabla de Contenidos:
- Front Cover; Macrodynamics: Fluctuations and Growth; Copyright Page; Contents; Preface; Foreword by F.H. Hahn; Introduction; 1. Dynamic analysis; 2. Macrodynamic analysis; 3. Economic movements: fluctuations and growth; 4. The plan of the book; Part One: The Development of Macrodynamics; Chapter 1: Great dynamic theories of the past; 1. The Ricardian dynamic mechanism; A The growth process and the constraints on growth; B Self-regulation of the system; 2. The dynamic trend in Marx; A The accumulation of capital; B The laws of motion; 3. Capitalist crises.
- A The formal conditions for reproductionB The possibility of crises; C The determination of crises; Chapter 2: Pre-Keynesian theories of growth and fluctuations; 1. The main alternative theories of fluctuations; A Economic crisis as a monetary phenomenon; B Overcapitalisation; C Underconsumption; 2. The 'state of the art' at the time of thedepression; A Hayek: a synthesis; B A new direction: Keynes's Treatise on Money; 3. Growth: Schumpeter; A Innovation and enterprise; B The evolution mechanism; Chapter 3: The Keynesian revolution; 1. The General Theory and Keynesianism.
- A The general theory of employmentB Keynesianism and the IS-LM model; 2. Keynesian theory and neoclassical analysis; A Say's law and Walras' law; B The Keynesian and neoclassical models; C Can unemployment persist indefinitely?; 3. Keynesianism and macroeconomic policy; A Multipliers in the full Keynesian system; B Developments of the Keynesian model; C Some notes on Keynesian intervention policies; Part Two: Behavioural Dynamics; Chapter 4: The consumption function; 1. The development of the aggregate Keynesian function; A Post-Keynesian functions.
- B Permanent income and the critique of the Keynesian functionC The time structure of the multiplier effects; D The instability of the multiplier; 2. Inter-temporal choice and the consumption function; A The reference model: inter-temporal consumer choice; B Permanent income: theoretical content; C Permanent income and expectations; 3. Consumption, wealth and liquidity; A The real balance effect; B The impact of inflation; C The liquidity effect; D Consumption in a disequilibrium situation; Chapter 5: Investment and factor demand; 1. Investment as the demand for productive capital.
- A The production function as an expression of technological constraintsB Properties of production functions; C Factor demand; D The accelerator and the development of the desired capital stock; 2. The investment function and the capital goods market; A The capital goods market; 3. Investment as an adjustment process; A The flexible accelerator and capital stock adjustment; B The financial constraints on investment; B Contemporary investment functions and some associated problems; C Labour as a quasi-fixed factor; D Cross-adjustment of factors.