Macroeconomics Simplified: Understanding Keynesian and Neoclassical Macroeconomic Systems

Macroeconomics Simplified: Understanding Keynesian and Neoclassical Macroeconomic Systems
ISBN-10
9351501299
ISBN-13
9789351501299
Category
Business & Economics
Pages
228
Language
English
Published
2014-09-11
Publisher
SAGE Publications India
Authors
Nicoli Nattrass, G. Visakh Varma

Description

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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