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Abstract

It is clear that macroeconomics, by its very nature, involves aggregation.1 The questions I seek to investigate in this paper are: With what aggregates should macroeconomics be concerned? How should these aggregates or macro-variables be related to the micro-variables from which they are derived? I shall be concerned with the ‘short-run’ rather than with problems of economic growth.

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© 1977 The International Economic Association

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Green, H.A.J. (1977). Aggregation Problems of Macroeconomics. In: Harcourt, G.C. (eds) The Microeconomic Foundations of Macroeconomics. Other International Economic Association Publications Series. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-03236-5_7

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