Macroeconomics

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Item specifics

Condition
Good: A book that has been read but is in good condition. Very minimal damage to the cover including ...
Release Year
2019
Book Title
Macroeconomics
ISBN
9781137610669
Category

About this product

Product Identifiers

Publisher
Bloomsbury Publishing
ISBN-10
1137610662
ISBN-13
9781137610669
eBay Product ID (ePID)
237507342

Product Key Features

Number of Pages
604 Pages
Publication Name
Macroeconomics
Language
English
Subject
Economics / Macroeconomics
Publication Year
2019
Type
Textbook
Subject Area
Business & Economics
Author
L. Randall Wray, Bill Mitchell, Martin Watts
Format
Trade Paperback

Dimensions

Item Height
1.2 in
Item Weight
44.2 Oz
Item Length
10.2 in
Item Width
7.6 in

Additional Product Features

Intended Audience
College Audience
Number of Volumes
1 vol.
Illustrated
Yes
Table Of Content
PART A: INTRODUCTION & MEASUREMENT 1 Introduction 2 How to Think and Do Macroeconomics 3 A Brief Overview of the Economic History and the Rise of Capitalism 4 The System of National Income and Product Accounts 5 Labour Market Concepts and Measurement 6 Sectoral Accounting and the Flow of Funds 7 Methods, Tools and Techniques 8 Framing and Language in Macroeconomics PART B: CURRENCY, MONEY & BANKING 9 Introduction to Sovereign Currency: The Government and its Money 10 Money and Banking PART C: NATIONAL INCOME, OUTPUT AND EMPLOYMENT DETERMINATION 11 The Classical System 12 Mr Keynes and the 'Classics' 13 The Theory of Effective Demand 14 The Macroeconomic Demand for Labour 15 The Aggregate Expenditure Model 16 Aggregate Supply PART D UNEMPLOYMENT AND INFLATION: THEORY AND POLICY 17 Unemployment and Inflation 18 The Phillips Curve and Beyond 19 Full Employment Policy PART E ECONOMIC POLICY IN AN OPEN ECONOMY 20 Introduction to Monetary and Fiscal Policy Operations 21 Fiscal Policy in Sovereign Nations 22 Fiscal Space and Fiscal Sustainability 23 Monetary Policy in Sovereign Nations 24 Policy in an Open Economy: Exchange Rates, Balance of Payments and Competitiveness PART F ECONOMIC INSTABILITY 25 The Role of Investment in Profit Generation 26 Stabilising the Unstable Economy PART G HISTORY OF MACROECONOMIC THOUGHT 27 Overview of the History of Economic Thought 28 The IS-LM Framework 29 Modern Schools of Economic Thought 30 The New Monetary Consensus in Macroeconomics PART H CONTEMPORARY DEBATES 31 Recent Policy Debates 32 Macroeconomics in the Light of the Global Financial Crisis 33 Macroeconomics for the Future.
Synopsis
This groundbreaking new core textbook encourages students to take a more critical approach to the prevalent assumptions around the subject of macroeconomics, by comparing and contrasting heterodox and orthodox approaches to theory and policy. The first such textbook to develop a heterodox model from the ground up, it is based on the principles of Modern Monetary Theory (MMT) as derived from the theories of Keynes, Kalecki, Veblen, Marx, and Minsky, amongst others. The internationally-respected author team offer appropriate fiscal and monetary policy recommendations, explaining how the poor economic performance of most of the wealthy capitalist countries over recent decades could have been avoided, and delivering a well-reasoned practical and philosophical argument for the heterodox MMT approach being advocated. The book is suitable for both introductory and intermediate courses, offering a thorough overview of the basics, while covering everything needed for more advanced courses. Issues are explained conceptually, with the more technical, mathematical material in chapter appendices, offering greater flexibility of lecturer use., This groundbreaking new core textbook encourages students to take a more critical approach to the prevalent assumptions around the subject of macroeconomics, by comparing and contrasting heterodox and orthodox approaches to theory and policy. The first such textbook to develop a heterodox model from the ground up, it is based on the principles of Modern Monetary Theory (MMT) as derived from the theories of Keynes, Kalecki, Veblen, Marx, and Minsky, amongst others. The internationally-respected author team offer appropriate fiscal and monetary policy recommendations, explaining how the poor economic performance of most of the wealthy capitalist countries over recent decades could have been avoided, and delivering a well-reasoned practical and philosophical argument for the heterodox MMT approach being advocated. The book is suitable for both introductory and intermediate courses, offering a thorough overview of the basics and valuable historical context, while covering everything needed for more advanced courses. Issues are explained conceptually, with the more technical, mathematical material in chapter appendices, offering greater flexibility of use. Accompanying online resources for this title can be found at bloomsburyonlineresources.com/mitchell-macroeconomics. These resources are designed to support teaching and learning when using this textbook and are available at no extra cost.
LC Classification Number
HB71-74

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