Click Here to Download: https://ouo.io/VFNS4F Macroeconomics: An Introduction to the Non-Walrasian Approach By: Jean-Pascal Benassy Publisher: Academic Press Print ISBN: 9780120864256, 0120864258 eText ISBN: 9781483268460, 1483268462 Copyright year: 1986 Format: PDF Available from $ 72.95 USD SKU 9781483268460 Macroeconomics: An Introduction to the Non-Walrasian Approach provides the approach to macroeconomic theory based on the non-Walrasian method. This book presents the microeconomic concepts that can be applied in a simple and relevant manner to the fundamental topics of macroeconomic theory. Organized into five parts encompassing 14 chapters, this book begins with an overview of the fundamental concepts, describing the functioning of nonclearing markets, the role of expectations, the setting of prices by decentralized agents, and the derivation of optimal demand and supplies. This text then studies various non-Walrasian equilibrium concepts. Other chapters compare the classical and Keynesian theories of unemployment in the framework of a model. This book discusses as well the asymmetric price flexibility into the basic model. The final chapter deals with a dynamic model with explicit expectations, which allows a comparison of the employment effects of various expectations schemes and their realism. This book is a valuable resource for economists.
