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Aggregate Demand and Supply : A Critique of Orthodox Macroeconomic Modelling

by B. Bhaskara Rao (Editor)

ISBN-10: 9780312210755
ISBN-10: 0-312-21075-2
ISBN-13: 9780312210755
ISBN-13: 978-0-312-21075-5
Hardcover
1998-03-15
Palgrave Macmillan


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Editorials


Product Description
There is now an increasing realization that the popular 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 macromodel should be modified. The essays in this volume contain alternative models which will significantly influence the way macroeconomics will be taught in the future.

Book Description
There is now an increasing realization that the popular 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 macromodel should be modified. The essays in this volume contain alternative models which will significantly influence the way macroeconomics will be taught in the future.


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