Macroeconomics : a critical companion / Ben Fine and Ourania Dimakou.

Includes bibliographical references and index.

Cover; Title Page; Copyright; Contents; List of Boxes; List of Diagrams; List of Abbreviations; Preface, Preliminaries and Acknowledgements; 1 Macroeconomy versus Macroeconomics?; 1.1 Overview; 1.2 The Short-Run and Long-Run Syndrome and Beyond; 1.3 From What to How; 1.4 Further Thoughts and Readings; 2 Accelerator-Multiplier: Stabbing the Knife-Edge in the Back?; 2.1 Overview; 2.2 The Model; 2.3 The Greater Realism of Eliminating Instability?; 2.4 Further Thoughts and Readings; 3 Classical Dichotomies; 3.1 Overview; 3.2 Dissecting the Classical Dichotomy.

3.3 The Short- and Long-Run and Micro and Macro Dichotomies3.4 Further Thoughts and Readings; 4 Growth Theories: Old, New or More of the Same?; 4.1 Overview; 4.2 Old Growth Theory; 4.3 New Growth Theory for Old?; 4.4 Growth Econometrics; 4.5 Further Thoughts and Readings; 5 The Keynesian Revolutions; 5.1 Overview; 5.2 IS/LM as Neoclassical Synthesis; 5.3 Reappraising or Reducing Keynes?; 5.4 Further Thoughts and Readings; 6 Post-Keynesian Dilemmas; 6.1 Overview; 6.2 Post-Keynesianisms?; 6.3 Kaldor-Pasinetti Savings; 6.4 Post-Keynesianism as Mainstream?; 6.5 Further Thoughts and Readings.

7 Keynesian Revolution: What Keynes, What Revolution?7.1 Overview; 7.2 The Revolution Portrayed or Betrayed?; 7.3 Further Thoughts and Readings; 8 From Monetarist Counter-Revolution to Fundamentalism; 8.1 Overview; 8.2 From Vertical Phillips Curve ... ; 8.3 ... to New Classical Economics; 8.4 From the Not so Sublime to the Even More Ridiculous; 8.5 Further Thoughts and Readings; 9 Forging the Consensus: Monetary Policy and Real Business Cycle Theory; 9.1 Overview; 9.2 Monetary Policy under the NCE; 9.3 Real Business Cycle Theory; 9.4 Further Thoughts and Readings.

Appendix A: Solution and Calibration of a DSGE Model10 From New Classical Fundamentalism to New Nonsensus Macroeconomics; 10.1 Overview; 10.2 Consensus is Borne ... ; 10.3 ... and Shattered?; 10.4 Further Thoughts and Readings; Appendix B: Surveying the Fundamentals in the Three-Equation NCM; 11 International Macro?; 11.1 Overview; 11.2 Monetarism and Keynesianism Go International; 11.3 Phase Diagrams and Stability Analysis; 11.4 Further Thoughts and Readings; 12 The Enigmas of Overshooting; 12.1 Overview; 12.2 Inflexible Output and Overshooting; 12.3 Overshooting with Keynesian Features.

12.4 Further Thoughts and ReadingsAppendix C: Does the Dornbusch Overshooting Model Have Rational Expectations?; 13 Whither Macroeconomics?; 13.1 Overview; 13.2 Further Thoughts and Readings; References; Index.

A clear and concise exposition of mainstream macroeconomics from a heterodox perspective.

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