Rethinking Macroeconomics: A History of Economic Thought Perspective

ISBN-13: 9780367762926 / Angielski / Miękka / 2021 / 240 str.

John F. McDonald

Opis

Rethinking Macroeconomics: A History of Economic Thought Perspective introduces students to the key schools of thought in macroeconomics, equipping them with the knowledge needed for a true understanding of today’s economy.

Spis treści

1 Rethinking macroeconomics: introduction to economics; 2 Keynesian theory and policy; 3 Keynesian theory after Keynes; 4 The Monetarist school of thought and monetary policy rules; 5 Austrian capital and business cycle theory; 6 Real business cycles and supply-side economics; 7 Modern Monetary Theory; 8 The Great Depression; 9 The war years and postwar recovery; 10 The 1950s and 1960s: a time of economic growth; 11 The years of stagflation; 12 Japan: economic miracle to lost decade; 13 The Great Moderation; 14 Financial crisis and deep recession; 15 Economics of the European Union; 16 COVID-19 and the economic collapse of 2020; 17 Conclusion: what approaches do people in authority use?

O autorze

John F. McDonald is Adjunct Professor of Economics at Temple University, Emeritus Professor of Economics at the University of Illinois at Chicago, and Gerald W. Fogelson Distinguished Chair in Real Estate Emeritus at Roosevelt University.