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Macroeconomics Simplified
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Macroeconomics Simplified
Understanding Keynesian and Neoclassical Macroeconomic Systems

First Edition
  • Nicoli Nattrass - University of Cape Town, South Africa and Yale University, USA
  • G. Visakh Varma - Department of Economics, KKTM Govt. College, University of Calicut, Kerala, India


September 2014 | 222 pages | SAGE Publications Pvt. Ltd

Macroeconomics Simplified explains the intuition behind Keynesian and neoclassical macroeconomics using graphs and simple algebra. 

It provides students with a strong conceptual basis for understanding the tension between Keynesian and neoclassical systems that has once again came to the forefront since the 2007–08 financial crisis. 

The book shows how theoretical perspectives affect macroeconomic policy choices and proposes a pragmatic approach to policy that is sensitive to prevailing economic conditions. Students of economics and business alike will enjoy its concise and engaging analysis and find the applications and references to the Indian economy helpful. 

 
 
 

 
Acknowledgements
 
Introduction
 
The National Accounts
 
The Neoclassical Macro Model
 
The Simple Keynesian Model
 
Investment and Interest Rates
 
The IS-LM Model
 
Fiscal and Monetary Policies in the IS-LM Model
 
The Aggregate Supply and Demand Model
 
Introducing the Open Economy
 
Credit and Crisis: An Epilogue
 
Index

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ISBN: 9788132117728
£21.99

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