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Item Details
| Title:
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MICROFOUNDATIONS
THE COMPATIBILITY OF MICROECONOMICS AND MACROECONOMICS |
| By: |
E. Roy Weintraub, John Pencavel |
| Format: |
Paperback |
| List price:
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£37.99 |
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We currently do not stock this item, please contact the publisher directly for
further information.
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| ISBN 10: |
0521294452 |
| ISBN 13: |
9780521294454 |
| Publisher: |
CAMBRIDGE UNIVERSITY PRESS |
| Pub. date: |
1 January, 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. |
| Illustrations: |
9figs. |
| Publication: |
UK |
| Imprint: |
Cambridge University Press |
| Returns: |
Returnable |
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