This work provides a valuable review of the most important developments in economic theory and application over the last decade. Comprising twenty-seven specially commissioned overviews, the volume presents a comprehensive and student-friendly guide to contemporary economics. Previously published by Routledge as part of the Companion to Contemporary Economic Thought, these essays are made available here for the first time in a concise paperback edition. A Guide to Modern Economics will be a valuable guide to all those who wish to familiarize themselves with the most recent developments in the discipline.14 Some models used by post-Keynesians could be said to have incorporated a a#39; rational expectationsa#39; view in one of two senses. ... The price-quantity decision of the firm is assumed to lie on the actual demand curve as well as on the expected demand curve. ... Colander, D.C. and Guthrie, R.C. (1980a1) a#39;Great expectations: what the Dickens do arational expectationsa meana#39;, Journal of Post Keynesiananbsp;...
|Title||:||A Guide to Modern Economics|
|Author||:||Michael Bleaney, Prof David Greenaway|
|Publisher||:||Routledge - 1996-07-04|