Advanced Macroeconomics

Author: Yuan Zhigang Song Zheng
Publisher:
Publish Date: 2001-09-01
Features: The upper part of this book conducts an in-depth study of macroeconomic issues such as output, employment, and prices from the perspectives of Keynesian macroeconomics, neoclassical synthesis macroeconomics, non-Walrasian equilibrium macroeconomics, new classical macroeconomics, and new Keynesian macroeconomics. It not only traces the development of macroeconomics but also analyzes the characteristics and shortcomings of each school within a relatively unified framework. The lower part of the book examines five major macroeconomic topics—consumption, investment, money, unemployment, and economic growth—and introduces the latest achievements in contemporary macroeconomics, while also pointing out its shortcomings and future directions for improvement. This book is not only an advanced textbook suitable for senior undergraduate and graduate students but also a specialized monograph tracking the forefront of macroeconomics and an important reference material for Chinese economists studying mainstream economics.

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