Macrodynamics: Fluctuations and Growth

<p>Building from the micro-foundations of economic behaviour to a full survey of macroeconomics, the book examines growth theory and equilibrium and disequilibrium approaches to provide a comprehensive survey of all the rival theoretical approaches that underlie central policy debates. A survey of pre-Keynesian theories of growth, fluctuations and the various short and long cycles and crises is followed by an exposition of Keynesian theory and its subsequent development and of the neo-classical revival. Topics covered include:<br> * Non-clearing markets<br> * Involuntary unemployment<br> * Persistent inflation.<br> As well as full coverage of the English-language literature, <em>Macrodynamics</em> covers important contributions from the new school of French macroeconomists, including Malinvaud, Benassy and Grandmont.</p> <p>Part One - The Development of Macrodynamics<br> Chapter 1: Great dynamic theories of the past<br> Chapter 2: Pre-Keynesian theories of growth and fluctuations<br> Chapter 3: The Keynesian revolution<br> Part Two <br> Chapter 4: The consumption function<br> Chapter 5: Investment and Factor demand<br> Chapter 6: Financial behaviour and the demand for money<br> Part Three <br> Chapter 7: The representation of growth and its sources<br> Chapter 8: The stability and regulation of growth<br> Chapter 9: Growth: trends and limits<br> Part Four <br> Chapter 10: The analysis of fluctuations<br> Chapter 11: Inflation and Unemployment<br> Chapter 12: Disequilibria in the present day</p>