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Macroeconomic Foundations of Macroeconomics
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Macroeconomic Foundations of Macroeconomics

Book Details

Format Hardback or Cased Book
ISBN-10 0415312655
ISBN-13 9780415312653
Publisher Taylor & Francis Ltd
Imprint Routledge
Country of Manufacture GB
Country of Publication GB
Publication Date Jul 28th, 2005
Print length 376 Pages
Weight 860 grams
Product Classification: Economics
Ksh 34,200.00
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This book shows that macroeconomics is logically independent of microeconomics and that it is fundamental to economic analysis and lends further support to the claim for the macroeconomic foundations of macroeconomics.

Contrary to common belief, macroeconomics is not merely a theory of aggregates, and cannot be constructed from individual behaviour. Both nationally and internationally, there are economic laws that are logically independent of economic agents’ behaviour. These are the macroeconomic foundations of macroeconomics.

Presenting cutting-edge material, Alvaro Cencini explores these foundations, and shows that the introduction of money entails economics being interpreted conceptually not mathematically.  His innovative book provides the elements for a new approach by applying the most recent results of monetary analysis to the study of national and international economics. It covers recent progress in monetary theory, provides the reader with a greater understanding of the subject, and will be essential reading for economic students as well as a valuable resource for economists.


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