ISBN-13: 9780199256815 / Angielski / Twarda / 2002 / 250 str.
ISBN-13: 9780199256815 / Angielski / Twarda / 2002 / 250 str.
Business cycle theory is a broad and disparate field. Different schools of thought offer alternative explanations for cycles, often using different mathematical methods. This book provides a compact exposition of the main theories since Keynes--Keynesian economics, monetorism, new classical economics, the real business cycles theory, and new Keynesian economics--using a unified mathematical approach.