The methodology of macroeconomic thought: a conceptual analysis of schools of thought in economics

Abstract

This revised edition of the author's Macroeconomic Thought: A Methodological Approach argues for methodological awareness amongst practising economists as a basis for constructive debate and reasoned argument. The methodological content has been increased to include material on recent developments. After analyzing the historical and methodological development of each of the schools, the author covers the micro-foundations of their macroeconomics and their approaches to key concepts including equilibrium, expectations, money and macroeconomic policy. She seeks to indentify the sources of differences between schools of thought as well as potential and actual commonalities before examining their differences at conceptual level.

Cite this work

No public copy is stored for this record, so only the metadata is cited.

Stored only when both papers are in the corpus — 63 citations exist upstream.