Macro-Disequilibrium Economics

  • J. Van Doorn
Chapter
Part of the Macmillan Studies in Economics book series (MSE)

Abstract

Macro-disequilibrium economics deals traditionally with systems such as the dynamic multiplier, the multiplier-accelerator mechanism and inventory models. More recently a fascinating development in economic analysis has taken place, centred around markets operating under conditions of insufficient information. The implications for macro-economics are most important. A discussion of the ‘new’ macro-disequilibrium analysis based on the ‘Keynes versus Classics’ controversy is therefore included.

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Copyright information

© J. van Doorn 1975

Authors and Affiliations

  • J. Van Doorn
    • 1
  1. 1.University of DurhamUK

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