Keynesian Economics

Keynesian Economics

By: Alan Coddington (author)Paperback

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Description

Keynesian Economics provides a wide-ranging critical examination of the presuppositions and procedures of Keynesian analysis. The result is both a clear guide to modern macro-economic theory and policy and a revealing exercise in the recent history of ideas - ideas which are highly contentious and still deeply influential. "(Alan) Coddington made several substantive contributions to the understanding of Keynesian economics which established his fame not merely in the UK but in major centres of economics around the world." The Times

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Contents

1. Introductioni. The Keynesian Connectionii. Outline of the Argument2. The Keynesian Dichotomyi. Introductionii. The Keynesian Dichotomyiii. Dichotomies as analytical proceduresiv. Concluding remarks3. Demand Deficiencyi. Introductionii. Involuntary unemploymentiii. The pragmatics of 'demand deficiency'iv. Demand deficiency in its cyclical contextv. Concluding remarks4. Deficient Foresighti. Introductionii. Keynes and uncertaintyiii. The sources of variation in expenditure aggregatesiv. Certainty and fallibilityv. Two schoolsvi. Concluding remarks5. Hick's Contributioni. Introductionii. Keynes's 'Classics' and Hick's 'Classics'iii. Liquidity preference and loanable fundsiv. Expectations and the multiplier processv. Concluding remarks6. The Search for First Principlesi. Introductionii. Fundamentalismiii. Hydraulicismiv. Reconstructed reductionismv. Concluding remarks7. Conclusion

Product Details

  • publication date: 10/11/2010
  • ISBN13: 9780415607445
  • Format: Paperback
  • Number Of Pages: 146
  • ID: 9780415607445
  • weight: 208
  • ISBN10: 0415607442

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