Macroeconomics Simplified explains the intuition behind Keynesian and neoclassical macroeconomics using graphs and simple algebra. It provides students with a strong conceptual basis for understanding the tension between Keynesian and neoclassical systems that has once again came to the forefront since the 2007–08 financial crisis. The book shows how theoretical perspectives affect macroeconomic policy choices and proposes a pragmatic approach to policy that is sensitive to prevailing economic conditions. Students of economics and business alike will enjoy its concise and engaging analysis and find the applications and references to the Indian economy helpful. INDICE: DedicationAcknowledgementsList of TablesList of FiguresIntroduction: Technical and Ideological IssuesThe National AccountsThe Neoclassical Macro Model: The Classical Dichotomy and the Homogenity PostulateThe Simple Keynesian ModelInvestment and Interest RatesThe IS-LM ModelFiscal and Monetary Policy in the IS-LM ModelThe Aggregate Supply and Demand ModelIntroducing the Open EconomyCredit and Crisis: An EpilogueIndex
- ISBN: 978-8-1321-1772-8
- Editorial: SAGE Publications Pvt. Ltd
- Encuadernacion: Rústica
- Páginas: 220
- Fecha Publicación: 01/09/2014
- Nº Volúmenes: 1
- Idioma: