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Macroeconomic Theory And Macroeconomic Pedagogy

Macroeconomic Theory And Macroeconomic Pedagogy

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  • ISBN:9780230202030
  • Editorial: Palgrave
  • Fecha de la edición:
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  • Nº Pág.:352
  • Idiomas:Inglés,Ingles

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This work features a collection of essays from internationally renowned scholars that draw on the latest developments in macroeconomic theory to promote a better understanding of current world issues. Features include: draws on the latest developments in macro theory to promote a better understanding of current world issues; an accessible text that engages the reader in the latest developments in macroeconomic theory; and, macroeconomic theory can help to explain events that led to current global finance crisis and can suggest solutions for other current problems, e.g. inflation. This book aims to showcase and advance recent debates over the extent to which undergraduate macroeconomics teaching models adequately reflect the latest developments in the field. It contains 16 essays on topics including the 3-equation New Consensus model, extensions and alternatives to this model, and endogenous money and finance.

List of Figures and Appendices; Notes on Contributors; Preface D.Romer (tbc); Macroeconomic Theory and Macroeconomic Pedagogy: An Introduction; G.Fontana & M.Setterfield; PART I: THE 3-EQUATION NEW CONSENSUS MACROECONOMICS MODEL; Teaching Intermediate Macroeconomics Using the 3-Equation Model; W.Carlin & D.Soskice; Bringing Undergraduate Macro Teaching Up To Date; S.Wren-Lewis; Monetary Policy Analysis: A Student's Toolkit; J.S.Chadha; Rescuing the LM Curve (and the Money Market) in a Modern Macro Course; R.Tamborini; New Consensus Macroeconomics: A Critical Appraisal; P.Arestis; The Complexity Vision as a Bridge between Graduate and Undergraduate Macro; D.Colander & C.Rothschild; PART II: AN ENDOGENOUS-MONEY THEORY AMENDMENT OF THE NEW CONSENSUS MACROECONOMICS MODEL; Teaching Macroeconomics When the Endogeneity of Money is Taken Seriously; M.Sawyer; A Simple (and Teachable) Macroeconomic Model with Endogenous Money; G.Fontana and M.Setterfield; Money and Banking in a Realistic Macro-Model; P.Howells; PART III: FINANCIAL FRAGILITY, LIQUIDITY PREFERENCE, UNEMPLOYMENT HYSTERESIS AND OTHER AMENDMENTS; Taming the New Consensus: Hysteresis and Some Other Post-Keynesian Amendments; M.Lavoie; Minsky Meet Wicksell: Using the Wicksellian Model to Understand the Twenty-First Century Business Cycle; C.L.Weise & R.J.Barbera; Macroeconomics Meets Hyman P. Minsky: The Financial Theory of Investment; L.Randall Wray & E.Tymoigne; PART IV: THE REAL INTEREST RATE, INCOME DISTRIBUTION, AND ALTERNATIVE VIEWS OF STABILIZATION POLICIES; Teaching the New Consensus Model of 'Modern Monetary Economics' from a Critical Perspective: Pedagogical Issues; J.Smithin; A Post Keynesian Alternative to the New Consensus Model; E.Hein & E.Stockhammer; The Central Banker as Regulator of Conflict: A 'Reversed' Reading of the Solow and New Consensus Model; E.Brancaccio; Institutions, Expectations and Aggregate Demand; J.Ferreiro & F.Serrano.

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