Taschenbuch. Condition: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -This book examines macroeconomic theory from an analytical framework provided by theories of complex systems, in contrast to conventional theories founded on aggregation. The resulting difference in analytical perspectives is huge: the macro level of society isnotpursued through aggregation over micro entities. To the contrary, the micro-macro relation is treated as one of parts-to-whole, and this relation is approached from within an ecological scheme of thought. A society is a complexecology of plans. That ecology, however, is not reducible to a single plan.Conventional macro theory presents a national economy as a collection of such aggregate variables as output, employment, investment, and a price level, and seeks to develop theoretical relationships among those variables. In contrast, the social-theoretic approach to macro or social theory in this book treats the standard macro variables as having been shaped through social institutions, conventions, and processes that in turn are generated through interaction among economizing persons. The object denoted as macro is thus of a higher order of complexity than the object denoted as micro. 328 pp. Englisch. Seller Inventory # 9783030444679

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Macroeconomics as Systems Theory: Transcending the Micro-Macro Dichotomy

Wagner, Richard E.

Published by Palgrave Macmillan, 2021

ISBN 10: 3030444678 ISBN 13: 9783030444679

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Macroeconomics as Systems Theory : Transcending the Micro-Macro Dichotomy

Richard E. Wagner

Published by Springer International Publishing, 2021

ISBN 10: 3030444678 ISBN 13: 9783030444679

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Taschenbuch. Condition: Neu. Druck auf Anfrage Neuware - Printed after ordering - This book examines macroeconomic theory from an analytical framework provided by theories of complex systems, in contrast to conventional theories founded on aggregation. The resulting difference in analytical perspectives is huge: the macro level of society isnotpursued through aggregation over micro entities. To the contrary, the micro-macro relation is treated as one of parts-to-whole, and this relation is approached from within an ecological scheme of thought. A society is a complexecology of plans. That ecology, however, is not reducible to a single plan.Conventional macro theory presents a national economy as a collection of such aggregate variables as output, employment, investment, and a price level, and seeks to develop theoretical relationships among those variables. In contrast, the social-theoretic approach to macro or social theory in this book treats the standard macro variables as having been shaped through social institutions, conventions, and processes that in turn are generated through interaction among economizing persons. The object denoted as macro is thus of a higher order of complexity than the object denoted as micro. Seller Inventory # 9783030444679

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Macroeconomics as Systems Theory

Richard E. Wagner

Published by Springer International Publishing, 2021

ISBN 10: 3030444678 ISBN 13: 9783030444679

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Kartoniert / Broschiert. Condition: New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. Provides a significant contribution to the debate on the essence and relevance of macroeconomic analysisOffers a novel framework for analyzing the macroeconomy, viewing it as a complex interaction among individuals, all of whom have their own indi. Seller Inventory # 463820246

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