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Macroeconomics simplified: understanding Keynesian and neoclassical macroeconomic systems

By: Nattrass, NicoliContributor(s): Varma, G. VisakhMaterial type: TextTextPublication details: New Delhi Sage Publications India Pvt. Ltd. 2014 Description: 203 pISBN: 9788132117728Subject(s): Macroeconomics | Neoclassical school of economicsDDC classification: 339.1267 Summary: Macroeconomics Simplified explains the intuition behind Keynesian and neoclassical macroeconomics using graphs 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 forefront since the 2007–08 financial crisis. The book shows how theoretical perspectives affect macroeconomic policy choices and proposes a pragmatic approach to policy that is sensitive to prevailing economic conditions. Students of economics and business alike will enjoy its concise and engaging analysis and find the applications and references to the Indian economy helpful.
List(s) this item appears in: Public Policy & General Management | Finance & Accounting
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Item type Current library Collection Call number Copy number Status Date due Barcode
Book Book Indian Institute of Management LRC
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Public Policy & General Management 339.1267 NAT (Browse shelf(Opens below)) 1 Available 002351

Table of content

Acknowledgements Introduction The National Accounts The Neoclassical Macro Model The Simple Keynesian Model Investment and Interest Rates The IS-LM Model Fiscal and Monetary Policies in the IS-LM Model The Aggregate Supply and Demand Model Introducing the Open Economy Credit and Crisis: An Epilogue Index

Macroeconomics Simplified explains the intuition behind Keynesian and neoclassical macroeconomics using graphs 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 forefront since the 2007–08 financial crisis.

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

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