Macroeconomics : an introduction

Thomas, Alex M. (2021) Macroeconomics : an introduction. Cambridge University Press, Cambridge. ISBN 9781108764919

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Abstract

Macroeconomics: An Introduction, provides a lucid and novel introduction to macroeconomic issues. It introduces the reader to an alternative approach of understanding macroeconomics, which is inspired by the works of Adam Smith, David Ricardo, Karl Marx, John Maynard Keynes, and Piero Sraffa. It also presents the reader with a critical account of mainstream marginalist macroeconomics. The book begins with a brief history of economic theories and then takes the reader through three different ways of conceptualizing the macroeconomy. Subsequently, the theories of money and interest rates, output and employment levels, and economic growth are discussed. The book ends by providing a policy template for addressing the macroeconomic concerns of unemployment and inflation. The conceptual discussion in Macroeconomics is situated within the context of the Indian economy. Besides using publicly available data, the contextual description is instantiated using excerpts from works of fiction by Indian authors.

Item Type: Book
Authors: Thomas, Alex M.
Document Language:
Language
English
Uncontrolled Keywords: Economics, Macroeconomics, Economic Theory
Subjects: Social sciences > Economics
Divisions: Azim Premji University > School of Arts and Sciences
Full Text Status: Public
Related URLs:
URI: http://publications.azimpremjiuniversity.edu.in/id/eprint/2476
Publisher URL: https://www.cambridge.org/core/books/macroeconomic...

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