Seven Schools of Macroeconomic Thought: The Arne Ryde Memorial Lectures (Ryde Lectures) - Hardcover

Phelps, Edmund S.

Hardcover

ISBN 10: 0198283334 ISBN 13: 9780198283331

Publisher: Clarendon Press, 1990

Synopsis

Seven Schools of Macroeconomic Thought offers an excellent survey of various macroeconomic topics that feature prominently in the research agenda and have inspired both theoretical and policy debate. The book presents an authoritative and comprehensive summary and original critique of macroeconomic approaches by a scholar whose own contribution to the field is considerable.

In each of his seven chapters, the author reviews one school of economic thought. These are: the Keynesian school of macroeconomics; the monetarist school; the New Classical school; the New-Keynesian school; supply side macroeconomics, and `non-monetary' models of macroeconomics - the real business cycle theory and the 'structuralist school' which views changes in unemployment as the outcome of shifts in the structural characteristics of the economy.

About this title

About the Author:

Edmund S. Phelps is a Professor of Political Economy at Columbia University.

Review:

"Readers already familiar with the macro-economics landscape will find this volume illuminating and worthwhile"

Times Higher Education Supplement

"In most cases it is stimulating, if not instructive, to see well-known theories discussed from another perspective and in this respect the present book is no exception."

Journal of Institutional and Theoretical Economics

About this edition

• Publisher: Clarendon Press
• Publication date: 1990
• ISBN 10: 0198283334
• ISBN 13: 9780198283331
• Binding: Hardcover
• Number of pages: 128