Macroeconomic foundations of macroeconomics

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Title:

Macroeconomic foundations of macroeconomics

Author:

Cencini, Alvaro.

ISBN:

9780415312653

Personal Author:

Cencini, Alvaro.

Publication Information:

London ; New York : Routledge, 2005.

Physical Description:

xvii, 358 p. : ill. ; 24 cm.

Series:

Routledge frontiers of political economy ; 72

Series Title:

Routledge frontiers of political economy ; 72

Contents:

Neoclassical, new classical, and new business cycle economics -- Keynesian, new Keynesian, and post-Keynesian economics -- Identity versus equilibrium -- Keynes revisited -- Money and income as macroeconomic magnitudes -- Production and consumption as macroeconomic events -- Capital and interest : their macroeconomic origin-- Inflation and unemployment as macroeconomic disorders -- Eurocurrencies : a macroeconomic occurrence -- A macroeconomic cause for exchange rate fluctuations -- The macroeconomic analysis of world monetary discrepancies -- External debt servicing : a striking example of macroeconomic disorder -- The laws of macroeconomics -- Positive and normative analysis : the national level -- Positive and normative analysis : the international level.

Subject Term:

Macroeconomics.

Electronic Access:

Table of contents http://www.loc.gov/catdir/toc/ecip055/2004028915.html

Copies:

Available:*

Library	Material Type	Item Barcode	Shelf Number	Copy	Status
Searching... 1:IIEMSA	1:GEN-BOOK	33168025420734	339 C395M 2005	1	Searching... Unknown

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Summary

Contrary to common belief, macroeconomics is not merely a theory of aggregates, and cannot be constructed from individual behaviour. Both nationally and internationally, there are economic laws that are logically independent of economic agents' behaviour. These are the macroeconomic foundations of macroeconomics.

Presenting cutting-edge material, Alvaro Cencini explores these foundations, and shows that the introduction of money entails economics being interpreted conceptually not mathematically.nbsp;nbsp;His innovative book provides the elements for a new approach by applying the most recent results of monetary analysis to the study of national and international economics. It covers recent progress in monetary theory, provides the reader with a greater understanding of the subject, and will be essential reading for economic students as well as a valuable resource for economists.