Macroeconomics: A Critical Companion

Editor/Author Fine, Ben and Dimakou, Ourania
Publication Year: 2016
Publisher: Pluto Press

Single-User Purchase Price: $99.00
Unlimited-User Purchase Price: $148.50
ISBN: 978-0-74-533687-9
Category: Business, Finance & Economics - Economics
Image Count: 32
Book Status: Available
Table of Contents

A clear and concise exposition of mainstream macroeconomics from a heterodox perspective.

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Table of Contents

  • List of Boxes
  • List of Diagrams
  • List of Abbreviations
  • Preface, Preliminaries and Acknowledgements
  • 1 Macroeconomy versus Macroeconomics?
  • 1.1 Overview
  • 1.2 The Short-Run and Long-Run Syndrome and Beyond
  • 1.3 From What to How
  • 1.4 Further Thoughts and Readings
  • 2 Accelerator-Multiplier: Stabbing the Knife-Edge in the Back?
  • 2.1 Overview
  • 2.2 The Model
  • 2.3 The Greater Realism of Eliminating Instability?
  • 2.4 Further Thoughts and Readings
  • 3 Classical Dichotomies
  • 3.1 Overview
  • 3.2 Dissecting the Classical Dichotomy
  • 3.3 The Short- and Long-Run and Micro and Macro Dichotomies
  • 3.4 Further Thoughts and Readings
  • 4 Growth Theories: Old, New or More of the Same?
  • 4.1 Overview
  • 4.2 Old Growth Theory
  • 4.3 New Growth Theory for Old?
  • 4.4 Growth Econometrics
  • 4.5 Further Thoughts and Readings
  • 5 The Keynesian Revolutions
  • 5.1 Overview
  • 5.2 IS/LM as Neoclassical Synthesis
  • 5.3 Reappraising or Reducing Keynes?
  • 5.4 Further Thoughts and Readings
  • 6 Post-Keynesian Dilemmas
  • 6.1 Overview
  • 6.2 Post-Keynesianisms?
  • 6.3 Kaldor–Pasinetti Savings
  • 6.4 Post-Keynesianism as Mainstream?
  • 6.5 Further Thoughts and Readings
  • 7 Keynesian Revolution: What Keynes, What Revolution?
  • 7.1 Overview
  • 7.2 The Revolution Portrayed or Betrayed?
  • 7.3 Further Thoughts and Readings
  • 8 From Monetarist Counter-Revolution to Fundamentalism
  • 8.1 Overview
  • 8.2 From Vertical Phillips Curve …
  • 8.3 … to New Classical Economics
  • 8.4 From the Not so Sublime to the Even More Ridiculous
  • 8.5 Further Thoughts and Readings
  • 9 Forging the Consensus: Monetary Policy and Real Business Cycle Theory
  • 9.1 Overview
  • 9.2 Monetary Policy under the NCE
  • 9.3 Real Business Cycle Theory
  • 9.4 Further Thoughts and Readings
  • Appendix A: Solution and Calibration of a DSGE Model
  • 10 From New Classical Fundamentalism to New Nonsensus Macroeconomics
  • 10.1 Overview
  • 10.2 Consensus is Borne …
  • 10.3 … and Shattered?
  • 10.4 Further Thoughts and Readings
  • Appendix B: Surveying the Fundamentals in the Three-Equation NCM
  • 11 International Macro?
  • 11.1 Overview
  • 11.2 Monetarism and Keynesianism Go International
  • 11.3 Phase Diagrams and Stability Analysis
  • 11.4 Further Thoughts and Readings
  • 12 The Enigmas of Overshooting
  • 12.1 Overview
  • 12.2 Inflexible Output and Overshooting
  • 12.3 Overshooting with Keynesian Features
  • 12.4 Further Thoughts and Readings
  • Appendix C: Does the Dornbusch Overshooting Model Have Rational Expectations?
  • 13 Whither Macroeconomics?
  • 13.1 Overview
  • 13.2 Further Thoughts and Readings
  • References