IS-LM AND MODERN MACROECONOMICS by Young, Warren ISBN 0792379667
From Student Book World
|
[edit] IS-LM AND MODERN MACROECONOMICS
IS-LM is perhaps the prime example of 'cognitive dissonance' in economics, and is problematic to many economists. However, the model's 'plasticity' has enabled it to undergo a metamorphosis into augmented form, enabling its continuing utilization, as the papers in this volume discuss.
IS-LM is perhaps the prime example of `cognitive dissonance' in economics, and is problematic to many economists. On the one hand, the IS-LM model is still taught by many academic economists or they use it to derive the AD-AS approach. On the other hand, the same economists realize the limitations of the basic IS-LM model and would not now use it for policy analysis, as they did in the past. The distinction between pedagogical and analytical efficacy is made by all the authors in this volume regarding the IS-LM model. Indeed, even those who would reject using the model for modern policy analysis still see the basic model as useful for teaching purposes. Moreover, in an augmented form, some of the authors in this volume would even see fit to use IS-LM for modern policy analysis. As will be seen, therefore, the IS-LM model is `not yet dead'. Rather, the model's `plasticity' has enabled it to undergo a metamorphosis into augmented form, enabling its continuing utilization in economics accordingly.
[edit] Book Details
[edit] Title
IS-LM AND MODERN MACROECONOMICS
[edit] Author
Young, Warren
[edit] ISBN
0792379667
[edit] Published
31/01/2001
[edit] Publisher
Kluwer Academic Publishers, U.S.
[edit] Binding
paperback
[edit] Retail Price
73 (GBP)
[edit] Typical Price Online
73 (GBP)
[edit] Buy Book Online
If you wish to purchase IS-LM AND MODERN MACROECONOMICS, written by Young, Warren and published by Kluwer Academic Publishers, U.S. on 31/01/2001 then we have listed a few select online book retailers who can provide good value and service.
| ISBN 0792379667 |
|---|
If you are interested in this business book then you might find this Overseas Property Forum of some interest. They have a lot of overseas property resources. If you wish to sell your property then you may want to list it in the overseas property for sale section. You may also wish to visit Stake - Entrepreneurs Networking Community which has access to Business Investment, Sales Forums, Purchasing Forums and Marketing Forums.
