Macroeconomics as Systems Theory

Released on by Richard E. Wagner
preview-18

  • Macroeconomics as Systems Theory Book Detail

  • Author : Richard E. Wagner
  • Release Date : 2020-05-03
  • Publisher : Palgrave Macmillan
  • Genre : Business & Economics
  • Pages : 313
  • ISBN 13 : 9783030444648
  • File Size : 21,21 MB
DOWNLOAD BOOK

Macroeconomics as Systems Theory by Richard E. Wagner PDF Summary

Book Description: This book examines macroeconomic theory from an analytical framework provided by theories of complex systems, in contrast to conventional theories founded on aggregation. The resulting difference in analytical perspectives is huge: the macro level of society is not pursued through aggregation over micro entities. To the contrary, the micro-macro relation is treated as one of parts-to-whole, and this relation is approached from within an ecological scheme of thought. A society is a complex ecology of plans. That ecology, however, is not reducible to a single plan. Conventional macro theory presents a national economy as a collection of such aggregate variables as output, employment, investment, and a price level, and seeks to develop theoretical relationships among those variables. In contrast, the social-theoretic approach to macro or social theory in this book treats the standard macro variables as having been shaped through social institutions, conventions, and processes that in turn are generated through interaction among economizing persons. The object denoted as macro is thus of a higher order of complexity than the object denoted as micro.

Disclaimer: www.yourbookbest.com does not own Macroeconomics as Systems Theory books pdf, neither created or scanned. We just provide the link that is already available on the internet, public domain and in Google Drive. If any way it violates the law or has any issues, then kindly mail us via contact us page to request the removal of the link.

Macroeconomics as Systems Theory

Macroeconomics as Systems Theory

File Size : 21,21 MB
Total View : 4152 Views
DOWNLOAD

This book examines macroeconomic theory from an analytical framework provided by theories of complex systems, in contrast to conventional theories founded on ag

Macroeconomics as Systems Theory

Macroeconomics as Systems Theory

File Size : 82,82 MB
Total View : 3254 Views
DOWNLOAD

This book examines macroeconomic theory from an analytical framework provided by theories of complex systems, in contrast to conventional theories founded on ag

Modern Money Theory

Modern Money Theory

File Size : 33,33 MB
Total View : 9849 Views
DOWNLOAD

This second edition explores how money 'works' in the modern economy and synthesises the key principles of Modern Money Theory, exploring macro accounting, curr