Macroeconomics: Theories And Policies

by Richard T. Froyen

Description This text traces thehistory of macroeconomics, the evolution of macroeconomic thought,and the resulting theory and policy. The book places the variousmacroeconomic theories in the order in which they developedchronologically, and illustrates the similarities and differencesof the models. The author admires all points of view and the resultis a comprehensive, detailed, unbiased view of modern macroeconomictheory. For Sale in Indiansubcontinent only 2 expanded chapters of economic growth. Streamlined and heavily updated Policy chapters. International chapters moved earlier in the text. INTRODUCTION AND MEASUREMENT. Introduction. Measurement of Macroeconomic Variables. CLASSICAL ECONOMICS AND THE KEYNESIAN REVOLUTION. Classical Macroeconomics (I): Equilibrium Output and Employment. Classical Macroeconomics (II): Money, Prices, and Interest. The Theory of Economic Growth. The Keynesian System (I): The Role of Aggregate Demand. The Keynesian System (II): Money, Interest, and Income. The Keynesian System (III): Policy Effects in the IS-LM Model. The Keynesian System (IV): Aggregate Supply and Demand. MACROECONOMIC THEORY AFTER KEYNES. The Monetarist Counterrevolution. Output, Inflation and Unemployment: Alternative Views. New Classical Economics. Real Business Cycles and New Keynesian Economics. Macroeconomic Models: A Summary. OPEN ECONOMY MACROECONOMICS. Exchange Rates and the International Monetary System. Monetary and Fiscal Policy in the Open Economy. ECONOMIC POLICY. The Money Supply and the Banking System. Monetary Policy. Fiscal Stabilization Policy. Supply-Side Economics. SECTORAL FUNCTIONS. Consumption and Investment. Money Demand.

Genres: Economics, Textbooks, Academic

528 pages, Paperback

First published January 1, 1983

Reviews

[Isaac · Rating 2 out of 5]

Am I using my macroeconomic theory text book to reach my annual reading goal? Yes. But's it's still a book and I still read it cover to cover so fight me.

[Roland Martinez · Rating 5 out of 5]

This book, when used in combination with a class with a highly engaged instructor, is life altering in your understanding of macroeconomic events.

[Shoaib Kahut · Rating 5 out of 5]

It was our first introduction to Macroeconomics in M.Sc. Coursework. Very intuitive yet self explanatory. Builds up from very basics. the case studies of FED are in fact very helpful in applying the theory's (Hands on Practice)

[Shibajee Samaddar · Rating 4 out of 5]

Well read! It's written more in an academic manner than that of textbook. The only deficiency is it lacks good exercise. It's completely devoid of numerical problems.

[Orlando Santos · Rating 5 out of 5]

Excelente introducción

[Ferenc · Rating 4 out of 5]

This book renders the evolution of the major schools of Macroeconomic thought.
I like the chronological approach that the book follows. When commencing my studies in Economics I was solely interested in current economic models as I judged only them to be relevant. I changed my mind however when I matured and realized that Economic models are not doctrine, as championed by a few, but very vocal, Economists. Older models have very important things to say as well. This book makes you see Economics as an evolving thing whose mutations depend on what the technological, cultural and socio-political environments look like when the theories are formed. Professor Froyen's renditions of the models are intellectually refreshing and clear, I particularly appreciate the way he discusses the differences between them throughout the book. I think any social scientist (economist, historian, or other) will find the book intellectually enriching. It only requires basic skills in algebra as the main analytical tool used is graphing. For the non-economist it also has a glossary of economic terms at the end of the book.

[Sumalani · Rating 5 out of 5]

Awesome book

[Sani Rh · Rating 5 out of 5]

good one

[Uzair Hashmi · Rating 5 out of 5]

Richard T. Froyen

[Natasha Singh]

nice

[Karthick Raja]

good

[Samiarahamn · Rating 2 out of 5]

ddddddddd

[Nazar]

thansks

[9078215493]

no

[Prince Muhsin]

good

[Rekindle Ashraf]

good

[Sapna Bajaj]

this is entraordinary book as per upsc criteria.

[Muhammad Umar]

want to read the book