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Item Details
Title:
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MICROFOUNDATIONS
THE COMPATIBILITY OF MICROECONOMICS AND MACROECONOMICS |
By: |
E. Roy Weintraub |
Format: |
Hardback |

List price:
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£30.00 |
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further information.
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ISBN 10: |
0521223059 |
ISBN 13: |
9780521223058 |
Publisher: |
CAMBRIDGE UNIVERSITY PRESS |
Pub. date: |
17 May, 1979 |
Series: |
Cambridge Surveys of Economic Literature |
Pages: |
184 |
Description: |
The first full-length survey of current work which examines the compatibility of microeconomics and macroeconomics. |
Synopsis: |
This is the first full-length survey of current work which examines the compatibility of microeconomics and macroeconomics. Its particular distinction is that it makes accessible, to non-specialists, those extensive modern refinements of general equilibrium theory which are linked to macroeconomics and monetary theory. Part I traces the development and interlocking nature of two scientific research prgrams, macroeconomics and neo-Walrasian analysis. The five chapters in this part examine general equilibrium theory, Keynes' contribution, the 'neoclassical synthesis', and the Clower-Leijonhufvud contributions to questions of systemic coordination. The four chapters of Part II place recent work on the micro-foundations of macroeconomics within a taxonomic scheme of Walrasian equilibrium, Walrasian disequilibrium, Edgeworthian equilibrium, and Edgeworthian disequilibrium. Part III, a single chapter, provides an overview of the subject and ventures some conclusions. |
Returns: |
Returnable |
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