Booktopia has been placed into Voluntary Administration. Orders have been temporarily suspended, whilst the process for the recapitalisation of Booktopia and/or sale of its business is completed, following which services may be re-established. All enquiries from creditors, including customers with outstanding gift cards and orders and placed prior to 3 July 2024, please visit https://www.mcgrathnicol.com/creditors/booktopia-group/
Add free shipping to your order with these great books
Macroeconomics After the General Theory : Fundamental Uncertainty, Animal Spirits and Shifting Equilibrium in a Competitive Economy - Angel Asensio

Macroeconomics After the General Theory

Fundamental Uncertainty, Animal Spirits and Shifting Equilibrium in a Competitive Economy

By: Angel Asensio

eBook | 8 July 2024 | Edition Number 1

At a Glance

eBook


$80.99

or 4 interest-free payments of $20.25 with

 or 

Instant Digital Delivery to your Booktopia Reader App

Both Keynes's General Theory and orthodox economics seek to understand how competitive markets work, but they diverge sharply with respect to the nature and properties of the competitive equilibrium. The reason, as Keynes himself pointed out, is that the General Theory recognises that the future consequences of current decisions are fundamentally uncertain which, contra the orthodox view, radically affects decision-making and the functioning of markets.

This book approaches macroeconomics on the basis of the General Theory, of which a new exposition is offered in the first part, purged of the grey areas that resulted from the context in which it was written, and of the considerable confusion generated for almost a century by the vain attempts of orthodox thinking to integrate such novel ideas in its deficient conceptual framework. The second part aims at extending the conceptual framework to the open economy and considering how uncertainty affects international linkages. The third part proposes an integrated conceptual and formal framework for analysing how changes in the national and international context, including macroeconomic policies, affect an economy.

This new examination of General Theory is a major addition to the literature on Keynes, macroeconomics, economic theory and the history of economic thought.

on

More in Macroeconomics

A Term at the Fed : An Insider's View - Laurence H. Meyer

eBOOK

RRP $27.49

$21.99

20%
OFF
Money Meltdown - Judy Shelton

eBOOK

$20.99

Web3 and Blockchain for Women - Sanja Kon

eBOOK

RRP $18.69

$17.99

General Economics - joshua smitth

eBOOK

How to Use Forbearance? - Gary boykin jr

eBOOK

Uncovered : The Story of Insurance in America - Katherine Hempstead

eBOOK

RRP $132.03

$118.99

10%
OFF
Handbook of Cliometrics - Claude Diebolt

eBOOK

RRP $1,614.23

$1,452.99

10%
OFF