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This insightful textbook offers a comprehensive critique of neoclassical economics, presenting a detailed and accessible discussion of major macroeconomic issues. Intermediate Macroeconomics highlights the need for an alternative framework to demonstrate the irrelevance of mainstream economic theory and its inability to provide satisfactory responses to the continuing challenges of modern economies. Topics covered include the role of commercial banks and the central bank, unemployment and inflation, fiscal policy, monetary policy and worsening worldwide inequality. Key Features: ...

This insightful textbook offers a comprehensive critique of neoclassical economics, presenting a detailed and accessible discussion of major macroeconomic issues. Intermediate Macroeconomics highlights the need for an alternative framework to demonstrate the irrelevance of mainstream economic theory and its inability to provide satisfactory responses to the continuing challenges of modern economies. Topics covered include the role of commercial banks and the central bank, unemployment and inflation, fiscal policy, monetary policy and worsening worldwide inequality. Key Features: ...