Reflections on the Development of Modern Macroeconomics (Paperback)

Paperback. Macroeconomic analysis has undergone profound and controversial changes during the past twenty-five years and, as such, economists have developed and evolved their approaches to the discipline. Reflections on the Development of Modern Macroeconomics presents a collection of eight original essays, from leading scholars, each of which focuses on an important issue relating to these developments.These accessible, reflective surveys include: to stabilize or not to stabilize: is that the question? Brian Snowdon and Howard Vanethe rhetoric and methodology of modern macroeconomics Roger Backhousehow relevant is Keynesian economics today? Keith Shawwhat remains of the monetarist counter-revolution? Thomas Mayermacroeconomics: before and after rational expectations Patrick Minfordthe ups and downs of modern business cycle theory Cillian Ryan and Andrew Mullineuxthe role of imperfect competition in new Keynesian economics Huw Dixonpolitics and the macroeconomy: endogenous politicians and aggregate instability Brian Snowdon and Howard VaneThis book will attract a wide readership among intermediate undergraduates, as well as postgraduates and lecturers in the fields of macroeconomics and the history of economic thought. Economists have developed and evolved new approaches to macroeconomics in response to the challenges and criticisms made in recent years, and this volume presents some of these developments in a reflective survey of modern macroeconomics. Aimed at undergraduate and postgraduate students. Shipping may be from multiple locations in the US or from the UK, depending on stock availability.…