Aggregate demand and supply : a critique of orthodox macroeconomic modelling
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Bibliographic Information
Aggregate demand and supply : a critique of orthodox macroeconomic modelling
Macmillan , St. Martin's Press, 1998
- : uk
- : us
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Note
Bibliography: p. [209]-222
Includes index
Description and Table of Contents
Description
'I wish Professor Rao and his collaborators every success in ensuring that future generations of students do not have to put up with logically incoherent foundations to their understanding of modern economic systems' - G.C. Harcourt, Jesus College, Cambridge There is now an increasing realisation that the popular textbook macroeconomic model of aggregate demand and supply is logically incorrect. While there is a broad agreement among the critiques on these logical flaws there has been no such agreement on how the basic textbook macromodel should be modified. The essays in this volume contain very promising alternative models which will significantly influence the way macroeconomics will be taught in the future.
Table of Contents
- Preface - List of Contributors - Editor's Introduction
- B.Bhaskara Rao - Aggregate Demand in Principles Textbooks
- Ken McCormick & Janet M.Rives - Aggregate Demand Curves: A Guide to Use and Abuse Revisited
- Peter H.Hall & Malcom L.Treadgold - What is the Matter with Aggregate Demand and Supply?
- B.Bhaskara Rao - Walrasian, Non-Walrasian and Post-Walrasian Perspectives on the ADAS Model: Theoretical and Pedagogical Implications
- Ralph C.Allen & Jack H.Stone - The ADAS Model: Two Into One Won't Go
- Roy Grieve - Defending ADAS: A Perspective on the ADAS Controversy
- Peter Kennedy - Theoretical Inconsistencies in ADAS Model: Can the Model be Rehabilitated?
- T.Windsor Fields & William R.Hart - Acceptable and Unacceptable Dirty Pedagogy: The Case of ADAS
- David Colander & Peter Sephton - Aggregate Demand and Supply Analysis: A Story in the Wrong Language
- John W.Nevile - A Simple Analysis of Price and Output Determination: A Model with Imperfect Competition
- Corrado Benassi, Alessandra Chirco & Caterina Colombo - Bibliography - Index
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