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Book synopsis

Providing an introduction to major topics in macroeconomic theory, this book offers the reader three keys for comparing different models. The first key is a mathematical reformulation of Say's Law. The second key is the use of the income velocity of the circulation of money as a behavioural function in accordance with the Friedman tradition. The third is the use of the Phillips curve to represent the labour market. The book also deals with rationing equilibria and some extensions. It provides a neo-Walrasian synthesis of Patinkin's suggestions and new perspectives on Keynesian criticism of neoclassical theory.

Book details

Book category Books in English Mathematics & science Mathematics Applied mathematics

• Full title: Macroeconomic Models and Controversies
• Author: Giuseppe Chirichiello
• Language: English
• Binding: Hardback
• Number of pages: 228
• EAN: 9780333585894
• ISBN: 0333585895
• ID: 04595660
• Publisher: PALGRAVE MACMILLAN
• Weight: 428 g
• Dimensions: 146 × 224 × 18 mm
• Date of publishing: 01. June 1994

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