Thomas, Alex M.
Macroeconomics: An Introduction
- ISBN 13:
- 9781108731997
- author:
- Thomas, Alex M.
- format:
- Paperback / softback
- publisher:
- Cambridge University Press
- language:
- English
- Publication Year:
- 2021
- Pages:
- 250
- Dimensions:
- 23 x 15.3 x 1.7 centimetres (0.3
- Genre:
- Business, Economics, Macroeconomics,
- Condition:
- New
- Availability:
- Item usually sent within 5 working days
Description
Macroeconomics: An Introduction provides a clear and distinctive approach to understanding macroeconomic issues. By exploring alternative perspectives inspired by influential thinkers such as Adam Smith, David Ricardo, Karl Marx, John Maynard Keynes, and Piero Sraffa, the book offers a fresh insight into mainstream marginalist macroeconomics.
The book begins with an overview of economic theories before delving into three distinct ways of conceptualizing the macroeconomy. It then examines key topics such as money and interest rates, output and employment levels, and economic growth, providing a comprehensive framework for addressing concerns like unemployment and inflation. The author situates this discussion within the context of the Indian economy, using publicly available data and excerpts from works of fiction by Indian authors.
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