An Introduction to Macroeconomics

A Heterodox Approach to Economic Analysis

Louis-Philippe Rochon, Sergio Rossi (Herausgeber)

Buch | Hardcover

432 Seiten

2016
Edward Elgar Publishing Ltd (Verlag)
978-1-78254-936-9 (ISBN)

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An Introduction to Macroeconomics

Louis-Philippe Rochon, Sergio Rossi

2021

Buch | Hardcover

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This important new book introduces students to the fundamental ideas of heterodox economics, presented in a clear and accessible way by top heterodox scholars. It offers not only a critique of the dominant approach to economics, but also a positive and constructive alternative. Students interested in an explanation of the real world will find the heterodox approach not only satisfying, but ultimately better able to explain a money-using economy prone to periods of instability and crises.

Key features of this textbook include:

A non-conventional understanding of economic analysis on a number of relevant topics

Deep and convincing criticism of orthodox thinking

Discussion of the crucial importance of money, banking and finance today

Analysis of the roots of the 2008 global financial crisis

A presentation of the features of sustainable development.

Students of economics at all levels can use this textbook to deepen their understanding of the heterodox approach, the fundamental roots of the 2008 global financial crisis and the need to rethink economics afresh.

Edited by Louis-Philippe Rochon, Full Professor, Laurentian University, Canada, Editor-in-Chief, Review of Political Economy and Founding Editor Emeritus, Review of Keynesian Economics and Sergio Rossi, Full Professor of Economics, University of Fribourg, Switzerland

Contents

Introduction: The Need for a Heterodox Approach to Economic Analysis
Louis-Philippe Rochon and Sergio Rossi

PART IECONOMICS, ECONOMIC ANALYSIS, AND ECONOMIC SYSTEMS
1. What is Economics?
Louis-Philippe Rochon and Sergio Rossi

2. The History of Economic Theories
Heinrich Bortis

3. Monetary Economies of Production
Louis-Philippe Rochon

PART IIMONEY, BANKS, AND FINANCIAL ACTIVITIES
4. Money and Banking
Marc Lavoie and Mario Seccareccia

5. The Financial System
Jan Toporowski

6. The Central Bank and Monetary Policy
Louis-Philippe Rochon and Sergio Rossi

PART IIITHE MACROECONOMICS OF THE SHORT AND LONG RUN
7. Aggregate Demand
Jesper Jespersen

8. Inflation and Unemployment
Alvaro Cencini and Sergio Rossi

9. The Role of Fiscal Policy
Malcolm Sawyer

10. Economic Growth and Development
Mark Setterfield

11. Wealth Distribution
Omar Hamouda

PART IVINTERNATIONAL ECONOMY
12. International Trade and Development
Robert A. Blecker

13. Balance-of-payments Constrained Growth
John McCombie and Nat Tharnpanich

14. European Monetary Union
Sergio Rossi

PART VRECENT TRENDS
15. Financialization
Gerald A. Epstein

16. Imbalances and Crises
Robert Guttmann

17. Sustainable Development
Richard P.F. Holt

Conclusion: Do we Need Microfoundations for Macroeconomics?
John King

Index

Erscheinungsdatum	09.08.2016
Verlagsort	Cheltenham
Sprache	englisch
Maße	169 x 244 mm
Themenwelt	Wirtschaft ► Allgemeines / Lexika
Themenwelt	Wirtschaft ► Volkswirtschaftslehre ► Makroökonomie
ISBN-10	1-78254-936-6 / 1782549366
ISBN-13	978-1-78254-936-9 / 9781782549369
Zustand	Neuware