Macroeconomics and New Macroeconomics - Paperback

by Bernhard Felderer (Author), Stefan Homburg (Author)

This is a macroeconomic textbook for the intermediate level. It presents the main approaches: Classical theory, Keynesian theory, theory of portfolio selection, Monetarism, Rational Expectations theory and Neokeynesian "disequilibrium" theory, each of them in a self-contained chapter. The relations and differences between them are also discussed.