Macroeconomics Simplified: Understanding Keynesian and Neoclassical Macroeconomic Systems

Book Description

Macroeconomics Simplified explains the intuition behind Keynesian and neoclassical macroeconomics using and simple algebra.

It provides students with a strong conceptual basis for understanding the tension between Keynesian and neoclassical systems that has once again came to the since the 2007–08 crisis.

The book shows how theoretical perspectives affect macroeconomic policy choices and proposes a pragmatic approach to policy that is sensitive to prevailing conditions. Students of economics and alike will enjoy its concise and engaging analysis and find the applications and references to the Indian helpful.

Table of Contents

Chapter 1. Introduction
Chapter 2. The National Accounts
Chapter 3. The Neoclassical Macro Model
Chapter 4. The Simple Keynesian Model
Chapter 5. Investment and Interest Rates
Chapter 6. The IS–LM Model
Chapter 7. Fiscal and Monetary Policies in the IS–LM Model
Chapter 8. The Aggregate Supply and Demand Model
Chapter 9. Introducing the Open Economy
Chapter 10. Credit and Crisis: An Epilogue

Book Details

  • Title: Macroeconomics Simplified: Understanding Keynesian and Neoclassical Macroeconomic Systems
  • Author: ,
  • Length: 228 pages
  • Edition: 1
  • Language: English
  • Publisher:
  • Publication Date: 2014-10-07
  • ISBN-10: 8132117727
  • ISBN-13: 9788132117728
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