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Aggregate Demand and Supply
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Aggregate Demand and Supply : A Critique of Orthodox Macroeconomic Modelling

1st ed. 1998

Book Details

Format Paperback / Softback
ISBN-10 1349262951
ISBN-13 9781349262953
Edition 1st ed. 1998
Publisher Palgrave Macmillan
Imprint Palgrave Macmillan
Country of Manufacture GB
Country of Publication GB
Publication Date Jan 1st, 1998
Print length 228 Pages
Ksh 8,100.00
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'I wish Professor Rao and his collaborators every success in ensuring that future generations of students do not have to put up with logically incoherent foundations to their understanding of modern economic systems' - G.C.
''I wish Professor Rao and his collaborators every success in ensuring that future generations of students do not have to put up with logically incoherent foundations to their understanding of modern economic systems'' - G.C. Harcourt, Jesus College, Cambridge There is now an increasing realisation that the popular textbook macroeconomic model of aggregate demand and supply is logically incorrect. While there is a broad agreement among the critiques on these logical flaws there has been no such agreement on how the basic textbook macromodel should be modified. The essays in this volume contain very promising alternative models which will significantly influence the way macroeconomics will be taught in the future.

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