Macroeconomics : theory and policy in the UK
Author(s)
Bibliographic Information
Macroeconomics : theory and policy in the UK
B. Blackwell, 1988
2nd ed
- : pbk
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Note
Bibliography: p. 469-484
Includes index
Description and Table of Contents
Description
Revised and updated, this textbook focuses on recent developments in macroeconomics, the models and systems affecting Britain's policy and interpreting British experience today. The authors discuss new schools of thought in the light of traditional methods of analysis. In particular the conventional IS/LM framework is used to examine many of the more recent policy controversies.
Table of Contents
Contents Preface to the First Edition Preface to the Second Edition 1 The nature of macroeconomics Part I Macroeconomic sectors 2 Aggregate consumption expenditure 3 Aggregate investment expenditure 4 The government sector 5 The demand for money 6 The supply of money 7 The labour market Part II Macroeconomic systems 8 The classical economic system 9 The economics of Keynes 10 The Hicksian IS/LM analysis 11 Comparative statics of the Classical, Keynsian and Monetarist models 12 The government sector, the budget constraint and the crowding out controversy 13 Output, employment, expectations and the price level inflation and its causes 14 Internal and external balance 15 Monetary disturbances, expectations and exchange rate dynamics Part III Macroeconomic Policy 16 Approaches to macroeconomic policy 17 Macroeconomic policy: objectives, instruments and constraints 18 Inflation and counter-inflation policy in the UK 19 Unemployment in the UK 20 Balance of payments and exchange rate policies in the UK 21 Policies for economic growth in the UK Bibliography Index.
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