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Macroeconomics and the Market

  • Authors
  • Kent Matthews
Textbook

Part of the Economics Today book series (ET)

Table of contents

  1. Front Matter
    Pages i-xi
  2. Kent Matthews
    Pages 1-12
  3. Kent Matthews
    Pages 13-26
  4. Kent Matthews
    Pages 27-44
  5. Kent Matthews
    Pages 45-60
  6. Kent Matthews
    Pages 61-85
  7. Kent Matthews
    Pages 103-121
  8. Kent Matthews
    Pages 122-137
  9. Kent Matthews
    Pages 138-155
  10. Kent Matthews
    Pages 156-162
  11. Back Matter
    Pages 163-169

About this book

Introduction

The author argues that there is no such thing as macroeconomics. All economics is microeconomics. The market system is a mode of organisation by which the microeconomic units interact to solve the economic problems of consumption, production and distribution. Macroeconomic policy that fails to take into account the market system and the responses of microeconomic units will be doomed to failure. This book reviews the development of macroeconomic policy and evaluates its success or failure.

Keywords

economic policy macroeconomics money production

Bibliographic information